Q:

How much is a Krugerrand worth in 2014?

A:

As of Sept. 8, 2014, a Kruggerand is worth $1,306. However, the value of a Kruggerand changes daily and is dependent on its gold content in addition to a premium. The 1-ounce gold coin was introduced into circulation in 1967.

Uncirculated Kruggerands are worth more to collectors. One-ounce gold Kruggerands are actually slightly heavier than 1 ounce because of the copper alloy contained in them. However, they contain exactly 1 ounce of gold. These coins were intended as a way for people to invest in gold. Fractal Kruggerands, such as the 1/2-ounce, 1/4-ounce and 1/10-ounce coins, were introduced in 1980.

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