SAGCE – South African Gold Coin Exchange
History of SAGCE
From the early days of 1967 up to and including 1991, grading and certification of Krugerrand coins was offered by the SA Gold Coin Exchange. From 1988 onwards, this rating was only available for GRC (Gold Reef City) coins.
Evaluation and certification
During this evaluation and certification process, the gold coins were sealed in a holder (cap) and accompanied by a numbered certificate of authenticity. Each coin received an individual “Point Value” (POV), similar to the grading systems used by NGC or PCGS.
From 1967 to 1974, the scale ranged from 87 to 101 points. Later, it was extended to 97 to 111 points. The scale primarily applied to 1 oz Proof Krugerrands.
Rarity and collector value of the SAGCE Krugerrand
SAGCE Krugerrands are known for their rarity and popularity, especially among proof collectors. Accordingly, the premiums paid for these special coins are also high.
Frequently Asked Questions (FAQ)
What is SAGCE?
The South African Gold Coin Exchange (SAGCE) was a South African company that offered its own grading and certification system for Krugerrand Proof coins from 1967 to 1991.
How did the SAGCE grading work?
The coins were assigned a so-called “Point Value” (POV). Depending on the year of issue, the scale initially ranged between 87 and 101 points, later between 97 and 111 points.
Why are SAGCE Krugerrands rare?
Because this grading system was only used for a limited period, certified SAGCE Krugerrands are now rare collector’s items in high demand.
How do SAGCE ratings differ from PCGS or NGC ratings?
While PCGS and NGC use international standards with scales up to 70 points, SAGCE assigned its own point values. This makes SAGCE-certified coins particularly interesting from a historical perspective, even though they are less common on the market today.
Current availability in the RareCoin store
In our shop you can currently purchase a Krugerrand SAGCE from 1969 , which has a very high POV of 97 – a true rarity.
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