1 oz Krugerrand Gold Coin Value

The 1 oz Krugerrand Gold Coin Value calculator estimates the value of a number of South African gold Krugerrand 1 ounce gold coins based on their gold content, current spot price of gold and a percent numismatic adder.  

INSTRUCTIONS: Enter the following:

• (n) Number of Coins
• (nv) Numismatic Value Factor (percent above spot per coin)

Coin Value (V): The calculator returns:

1. Value of Coins in U.S. dollars
2. Height of the stack of coins in millimeters
3. Total weight of coins in grams

The Math / Science

The formula for the value of Krugerrand Coins is:

V = n*SPOT*cw*(1+nv)

where:

• V = Value of the Krugerrand Coins
• n = number of coins
• cw = gold per coin (grams)
• SPOT = spot price of gold per troy ounce
• nv = numismatic factor

South African Gold Krugerrands

A Krugerrand is a gold or silver coin from the nation of South Africa. It was first minted in 1967 by the South African Mint and the Rand Refinery.  The face has the likeness of Paul Kruger, the President of South Africa from 1883 to 1902, and the reverse is the likeness of a pronking springbok, which is the national animal.

The value of a Gold Krugerrands are based on their weight and purity of the coins (below) and a numismatic value factor (multiplier), along with the current spot price of gold to determine the value of each coin.

Gold South African Krugerrands are 22 carats, .9167 pure gold (Au) and .0833 Copper (Cu). 

Gold Krugerrand Sizes:

• 1 Troy Ounce Krugerrand
  • 1 troy ounce of pure gold
  • 33.93 grams per coin in total metal alloy
  • 32.77 mm diameter
  • 2.84 mm thick
• 1/2 Troy Ounce Krugerrand
  • 0.5 troy ounces of pure gold
  • 16.965 grams per coin of total metal alloy
  • 27.07 mm diameter
  • 2.215 mm thick
• 1/4 Troy Ounce Krugerrand
  • 0.25 troy ounces of pure gold
  • 8.482 grams per coin in total metal alloy
  • 22.06 mm diameter
  • 1.888 mm thick
• 1/10 Troy Ounce Krugerrand
  • 0.1 troy ounces of pure gold
  • 3.393 grams per coin in total metal alloy
  • 16.55 mm diameter
  • 1.35 mm thick

The numismatic factor is value added to the gold bullion.   Bullion from trusted mints with attractive designs tend to have a higher numismatic factor.  A reasonable numismatic factor for Krugerrands is 1.031.  This is based on a highly reputable gold dealer in the United States that operates with high volumes of bullion. 

Gold Calculators 

• Current Bullion Value of 1 oz Krugerrand Coin:  This computes the current bullion value of a 1 oz Krugerrand Coin.
• Current Bullion Value of a half oz Krugerrand Coin:  This computes the current bullion value of a half oz Krugerrand Coin.
• Current Bullion Value of a quarter oz Krugerrand Coin:  This computes the current bullion value of a quarter oz Krugerrand Coin.
• Current Bullion Value of a tenth oz Krugerrand Coin:  This computes the current bullion value of a tenth oz Krugerrand Coin.
• Current Bullion Value of 1 oz US Gold Eagle Coin:  This computes the current bullion value of a 1 oz US Gold Eagle Coin.
• Current Bullion Value of a half oz US Gold Eagle Coin:  This computes the current bullion value of a half oz US Gold Eagle Coin.
• Current Bullion Value of a quarter oz US Gold Eagle Coin:  This computes the current bullion value of a quarter oz US Gold Eagle Coin.
• Current Bullion Value of a tenth oz US Gold Eagle Coin:  This computes the current bullion value of a tenth oz US Gold Eagle Coin.
• Current Bullion Value of 1 oz Canadian Maple Leaf Coin:  This computes the current bullion value of a 1 oz Canadian Maple Leaf Coin.
• Current Bullion Value of a half oz Canadian Maple Leaf Coin:  This computes the current bullion value of a half oz Canadian Maple Leaf Coin.
• Current Bullion Value of a quarter oz Canadian Maple Leaf Coin:  This computes the current bullion value of a quarter oz Canadian Maple Leaf Coin.
• Current Bullion Value of a tenth oz Canadian Maple Leaf Coin:  This computes the current bullion value of a tenth oz Canadian Maple Leaf Coin.
• Current Bullion Value of a twentieth oz Canadian Maple Leaf Coin:  This computes the current bullion value of a tenth oz Canadian Maple Leaf Coin.
• Gold Value:  This computes the value of gold based on the weight, karat purity, a refiner's fee and a fee to the retailer (jeweler).
• Alloy Value: This computes the value of platinum, palladium, silver or gold based on the weight, percent purity, a refiner's fee and a fee to the retailer (jeweler).
• Gold SPOT: This is the value of a gram, penny weight or troy ounce of gold bullion (.9999) in U.S. dollars or other currencies.
• Density of Gold: This is the mean density of gold bullion (.9999).
• Gold Eagle: This computes the value of U.S. Gold Eagle coins based on their size, the number of coins, SPOT and any numismatic adders.
• Krugerrand: This computes the value of South African Krugerrand coins based on their size, the number of coins, SPOT and any numismatic adders.
• British Sovereigns: This computes the value of British Sovereign coins based on the number of coins, SPOT and any numismatic adders.
• Maple Leaf: This computes the value of Canadian Maple Leaf coins based on their size, the number of coins, SPOT and any numismatic adders.