i have a 10 oz krugerrand gold coin anybody know its worth and where i could sell it or trade for cash?

Question

i am in need of a new computer and i want know about this coin any ideas

Answer 1

Here is a web site that gives gold values of all common gold bullion coins including Krugerrands in US Dollars:

http://www.silverandgoldaremoney.com/equivalents.php

Ten ounces of gold bullion is near the bottom of the page. I knew there was a 1/10 ounce Krugerrand, but not a 10 ounce gold Krugerrand. That is a new one on me.

All major coin shops buy and sell gold coins such as krugerrands all the time.

Answer 2

Any jeweler would be able to tell you if it's real. There are at least three ways to value the coin. One is the face value, $50. Of course, the face value is symbolic and not meant to be used as legal tender. (You'd be silly to use the coin as currency to purchase something.) The second way to value it is by the weight of the gold itself. A 1-oz gold coin is really 1 Troy ounce, or 31.1035 grams of gold, not 28.3495 grams, as in a traditional ounce. You can value it by looking at today's gold commodity prices, which today is $29.67 per gram. On this basis, the gold would be worth $922.84. Is is also irrelevant, because you would be violating American laws by melting down such currency. The third way to value the coin is on its trading value to collectors. This is the most sensible way to value it, and the highest of the three. Collectors will pay you at least what the gold is worth. You can see some recently completed auctions for this coin on eBay that fetched between $925 to $960.

Answer 3

are you in sydney somewhere???

you can sell your coin to http://www.ausbullion.com.au/

They have office in sydney city.

It is approx worth around $8900.

Hope this helps

C ya

Answer 4

http://www.blanchardonline.com/blanchard_products/bullion_krugerrand.php