1977 Proof Krugerrand.
How much is a 1977 Proof Krugerrand worth?
| Hern's Number | K12 |
| Krause-Mishler Number | KM73 |
| Designer | CLS Coert Steynberg |
| Size Diameter | 32.61 to 32.77 mm |
| Thickness | 2.74 to.2.97 mm |
| Mintage Proof | 8500 |
| Mintage UNC/Bullion | 3339844 |
| Weight | 33.9305 gm |
| Gold Weight | 31.1 gm 1 Oz |
| Gold Content | 91.667% |
| Copper Content | 0.0833 |
| Reeding | Both |
| Certificate of Origin | No |
| Frosted | No |
| Best Known | PR69 |
In 1977 it became easier to identify a Proof Krugerrand. The reed became fine. There are several discussions about how many serrations there are on a Proof Krugerrand but there is no need to count them, just look at the following picture and you can instantly identify the Proof Krugerrand from 1977 on wards. The picture on the Left is obviously the Proof Krugerrand.
In 1977 the SA Mint produced 3 million Bullion Krugerrands. There were very few Proofs Krugerrands minted in 1977, only 8500.
All Proof Krugerrands should be supplied with a SA Mint box, an SAGCE enclosure or be slabbed certified from NGC or other certificate slabbing company. There was no COA Certificate of Origin certificates supplied in 1977.
It can be very difficult to remove the Proof Krugerrand from the SAM box. The best way is to cup your hand and "slap" the box into the cupped hand. Only touch the Proof Krugerrand with soft cloth gloves.
In years to come these Proof Krugerrands will be extremely rare. A full set would be very difficult to accomplish.