1976 South African Krugerrand Gold Coin Value Guide

The 1976 South African Krugerrand Gold Coin is a highly sought-after collectible. It was the first year the coin was minted without the portrait of Paul Kruger, the former President of the South African Republic. The coin features a gold content of 22-karat gold, weighing 1.0909 troy ounces.

The Krugerrand was designed to make gold ownership more accessible to the general public. The coin's popularity soared in the 1970s, with over 4 million coins minted in 1976 alone. This was a significant increase from the previous year, demonstrating the coin's growing appeal.

The 1976 Krugerrand has a diameter of 32.77 mm and a thickness of 2.83 mm. Its mintage was 4,034,000 coins in the proof version and 4,034,000 in the bullion version.

Related reading: Krugerrand Value by Year

The Krugerrand coin was introduced as an opportunity for private investors to own gold, and its value is determined by the bullion value of its metal content.

It was the first bullion coin to have its legal tender value based solely on the value of its gold content, making it an attractive option for investors.

The Krugerrand accounted for 90% of the global gold coin market by 1980, but many Western countries banned it during the 1970s and 1980s due to economic sanctions against South Africa.

This ban was lifted in 1994 when South Africa ended the apartheid regime, allowing the coin to be traded freely again.

The Krugerrand does not have a face value, and its value is directly tied to the current market price of gold.

You might like: 1 Oz South African Gold Krugerrand Coin

The South African Krugerrand is a popular gold coin that was first minted in 1967, but one specific year to consider is 1976. It's a 1 ounce fine gold coin.

The condition of these coins can vary, as seen in the example of a 1976 South African Krugerrand in Very Good Condition. This coin is not professionally graded, so buyers need to request photos and information to make their own judgment about its condition.

Shipping costs for these coins can be around $20.

For your interest: Us Quarter 1776 to 1976 Value

The South African Krugerrand is a popular gold coin, and understanding its specifications is essential for collectors and investors alike.

It weighs 1.0909 troy ounces, which is equivalent to 33.93 grams.

The coin is made of 91.67% gold, with the remaining 8.33% being copper.

Its diameter is 32.77 millimeters, and its thickness is 2.38 millimeters.

The Krugerrand is available in various denominations, including 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz.

The gold Krugerrand coin is made from a gold alloy that is 91.67% pure, which is equivalent to 22 karats.

This high gold content is one of the reasons why the Krugerrand is a popular investment option for those looking to own gold.

The Krugerrand does not have a face value and its legal tender value is determined by the bullion value of its gold content at the current market price.

The South African Krugerrand 1 Ounce Gold Coin is a highly sought-after collectible.

Its value is determined by the bullion value of gold at its current market price, not a face value.

This coin was initially introduced as an opportunity for private investors to own gold, and its popularity soared to 90% of the global gold coin market by 1980.

You can own one of these coins in very good condition, but be aware that it's not professionally graded.

The estimated value of a lot of 8 coins in choice brilliant uncirculated condition is between $12,000 and $12,000.

You can even find one of these coins set in a pendant, weighing 1.75 ozt, with an estimated value of $2,000 to $2,500.

The pendant features a 1 ozt Krugerrand coin, housed in a 14kt rope chain bezel and matching 20" chain.

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