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Are Krugerrands worth more than their weight in gold?

By Isabella Little |

These coins are priced above bullion value, although non-proof Krugerrands also have a premium above gold bullion value.

Why are some Krugerrands more expensive?

While 1oz bullion coins are generally the most cost-effective gold investment, slightly lower prices give the Krugerrand an extra advantage over other coins. Krugerrands consist of a 22-carat alloy of over 90% gold and small amounts of silver and copper.

Do you have to pay tax on Krugerrands?

The taxation of the proceeds of the sale of Krugerrands is not covered by any specific tax legislation. In terms of that rule, the sales proceeds of shares held for more than three years are taxed as capital.

What’s the value of a Krugerrand gold coin?

A Krugerrands gold coin value will vary dependent on the live price of gold. The price on this page is dynamic and will change all the time so if you bookmark it you can easily refer back.

How many Krugerrands can you buy at one time?

We are one of the longest established and largest gold buyers in Britain. One of our competitors told us that for security reasons they will not buy more than 20 Krugerrands at one time, and not buy any more until they have disposed of them. A Krugerrands gold coin value will vary dependent on the live price of gold.

When is the best time to sell gold Krugerrands?

If you are wondering when to sell your Krugerrands keep an eye on this page and when the time is right we are happy to buy any quantity of Krugerrands, from a single piece upwards, without limit. If you have a large quantity of gold Krugers to sell, we will accept your instructions on price, or offer you helpful advice on selling.

What are the factors that affect the value of a Krugerrand?

Numismatic value is another important factor affecting the actual Krugerrand value. Some collectors are willing to pay more money for a certain mintage year that they consider to be more valuable compared to the rest.