1987 1 oz Gold Coin Krugerrand.

  • Millesimal fineness is 917 ‰ and the coin contain 31,10 grams of pure gold.
  • Millesimal fineness is 917 ‰ and the coin contain 31,10 grams of pure gold.
  • 1987 is a low available mintage (99,798 gold krugerrand in bullion and 10,196 Proof, Proof with workshop mark GRC: 1,650).
    • Bullion: Krugerrand Cpor’s price
    • Proof 1.2× Krugerrand Cpor’s price
    • Proof GRC:  1.4× Krugerrand Cpor’s price

1987 1oz krugerrand value today.

.USDDollar CADEUROSCHF
K1987 Krugerrand oz 1987 VF / XF402114266419252516
K1987 Krugerrand oz 1987 scrap gold value1955246317802326
K1987 Krugerrand oz 1987 Proof2537319723103019
K1987 Krugerrand oz 1987 Proof GRC2960266419252516
Obverse and reverse of the 1987 one ounce gold krugerrand.
1987 Krugerrand’s actual weight is 1.0909 troy ounces (33.93 g). This gold bullion coin is made from gold alloy and is 91.67% pure (22 carats), 22 carat is 91.66% (22 parts gold and 2 parts alloy).

The Krugerrand 1987 is an investment gold coin exempt from VAT. The 1 oz Gold 1987 Krugerrand coin is investment gold according to the criteria set by the European union directive 2006/112/EC and also in United Kingdom this coin is Vat free (VAT Notice 701/21A) and is listed in the UK list of coins recognised as investment gold coins. According to subsection 123 of the Excise Tax Act, Canada also do not tax gold bullion Krugerrand purchases and is NOT subject to GST/HST on their sale and tax free.

Diameter (mm)Weight (gr)Thickness (mm)
32.77 mmGross weight: 33,93 Gr
Fine Gold: 31.10 Gr
2.84 mm
Edge and Orientation.Millesimal fineness.Composition.
➣ 180 edge serrations for uncirculated Bullion.
➣220 serrations for proof .
➣ Coin alignment ↑↓
22 carat; 917 ‰90% gold and 10% copper
Mint and MintmarkFinancial Features1987 mintage.
« South African Mint Company » à Pretoria; Republic of South Africa.Type: bullion coin.
Production Years: from 1967.
Bullion: 99,798
Proof: 10,196
BE with mintmark GRC: 1,650

By Alexandre Laurent

Alexandre Laurentl is working in the jewelry and investment gold since 2002. Alexandre graduated from The Normandy School of Business and from the University of Perpignan a Bachelor of economics in 1995.

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