Proof Krugerrands.

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.

1977-Proof-Krugerrand

In 1977 the SA Mint produced 3 million Bullion Krugerrand. There were very few Proofs Krugerrand minted in 1977, only 8500.

 

1977 Proof Krugerrandkrugerrand proof 1977

All Proof Krugerrand 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.

Proof Krugerrand South Africa Mint Box

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 Krugerrand will be extremely rare. A full set would be very difficult to accomplish.