How much is a 1969 Proof Krugerrand worth?
Hern's Number | K4 |
Krause-Mishler Number | KM73 |
Designer | CLS Coert Steynberg |
Size Diameter | 32.61 to 32.77 mm |
Thickness | 2.87 to.2.97 mm |
Mintage Proof | 10000 |
Mintage UNC/Bullion | 30000 |
Weight | 33.9305 gm |
Gold Weight | 31.1 gm 1 Oz |
Gold Content | 91.667% |
Copper Content | 0.0833 |
Reeding | Coarse |
Certificate of Origin | No |
Frosted | No |
Best Known | PR68 |
It is rare to find a 1969 Krugerrand, never mind a 1969 Proof Krugerrand. There were only 40000 Krugerrand minted. The Mint still had 1968 and 1969 Proof Krugerrand available for sale in 1972.
Many Bullion and Proof Krugerrand were returned to the mint and melted down. Dealers got more money from the mint than from investors so they returned them to the mint in buckets, so I am told. Even Proof Krugerrand were treated as plain bullion.
Only in the last few years since gold increased in value has anyone taken note of the Proof Kruggerrand. In years to come many collectors will start a collection and there simply will not be enough Proof Krugerrand to make a complete collection.