The value of a Krugerrand can easily be determined by checking the international gold spot price.
The Krugerrand was the first bullion coin in the world minted at this one-ounce weight of pure gold. It has a purity of 91.67% pure gold and the rest is copper. The copper makes them very durable and hard enough so as to resist dents and scratches. It is known though out the jewellery trade as 22 carat gold or one troy ounce of gold.
The fractional Krugerrands were added to the range in 1980. Weighing in at 1/2 oz, 1/4 oz and 1/10 oz. Making them just as easy to value against the spot price of gold.
The South African Gold Krugerrand coin will have a small premium on the spot price of gold. This is normal for all bullion coins and dealers are always happy to trade them.
No other investing market in the world has the appeal of the gold market. Golds unique blend of beauty and rarity together with it's status as a universal currency, It's held by every central bank in the world . Gold bullion is a very safe asset to invest in and a great way, maybe even the best way, of ensuring your wealth preservation and for passing wealth to the next generation. Bullion coins allow investors to own investment grade gold without the risks and costs involved with owning, and more importantly insuring large bullion bars.