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Not all Krugerrands are created equal. While classic bullion coins are traded at the current gold price (plus a small premium), collector’s items are subject to their own market forces. Here, rarity, condition, and historical significance determine the price. “Proof” issues or rare first strikes, in particular, often command high premiums. Understanding the difference helps avoid selling valuable rarities below their value.
Buying a Krugerrand: This article explains how much a Krugerrand costs, how the price is composed of gold value, premium, denomination, year of issue and collector’s value, and what buyers should pay attention to.
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