Information on 1969 Proof Krugerrand.

1969 Proof Krugerrand

The 1969 Proof Krugerrand is an exceptionally rare coin. Even finding a standard 1969 Krugerrand is difficult, as only 40,000 were minted that year. The South African Mint still had both 1968 and 1969 Proof Krugerrands available for sale in 1972.

Many Bullion and Proof Krugerrands from this period were returned to the Mint and melted down. Dealers often received more money from the Mint than they could sell the coins for to investors, so they allegedly returned them "in buckets." Even Proof Krugerrands were often treated as standard bullion.

It was only in recent years, as the price of gold has increased, that collectors have taken greater interest in Proof Krugerrands. As more collectors seek to complete their collections, the limited number of early Proof Krugerrands will make assembling a full set increasingly difficult.

How Much is a 1969 Proof Krugerrand Worth?

Since the value of bullion Krugerrands is closely tied to the price of gold, it is difficult to determine the exact price of a 1969 Proof Krugerrand.

However, based on historical sales data:

• The estimated value of a 1969 Proof Krugerrand is approximately 110% of the gold price.
• On May 29, 2016, a 1969 PR66 Proof Krugerrand was sold on eBay for US$1,882, which equated to approximately 140% of the gold price at the time.