1977 South Africa 1 oz Gold Krugerrand BU
Bullion
1977 South Africa 1 oz Gold Krugerrand BU
Introduced in 1967, the South African Krugerrand holds a special place in numismatic history as the first modern gold bullion coin. Unlike traditional coinage, this series was created to derive its value directly from the fluctuating price of gold, offering a unique way to appreciate the precious metal. The South African Mint struck these pieces using a durable alloy composed of 0.9167 fine gold combined with copper, giving the coin its distinctive warm tone. The obverse of the 1977 edition features the profile of Paul Kruger, surrounded by the dual-language inscription of the issuing nation, SOUTH AFRICA and SUID-AFRIKA. On the reverse, a springbok antelope bounds across the landscape, flanked by the split year of minting, 1977. The reverse inscriptions also detail the weight and purity in both Afrikaans and English, reading FYNGOUD, 1 OZ, FINE GOLD, and KRUGERRAND.
Fair market value
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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.
Specifications
| Country | South Africa |
|---|---|
| Year | 1977 |
| Grade | Brilliant Unc |
| Metal | Gold |
| Weight | 1.0000 troy oz |
| Purity | .9167 |
| Thickness | 2.84 mm |
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