Information on 1970 Proof Krugerrand.

1970 Proof Krugerrand

The 1970 Proof Krugerrand had the highest mintage at the time. A total of 221,018 ounces of Gold Krugerrands were minted that year, with the South African Mint producing 10,000 Proof Krugerrands.

All Proof Krugerrands should be accompanied by an SA Mint box, an SAGCE enclosure, or be certified and slabbed by NGC or another coin grading service. There were no Certificate of Origin (COA) documents issued for Proof Krugerrands in 1970.

How Much is a 1970 Proof Krugerrand Worth?

Since the value of bullion Krugerrands is closely tied to the price of gold, determining an exact price for a 1970 Proof Krugerrand can be difficult. However, a reasonable estimate is approximately 105% of the gold price.

Removing a Proof Krugerrand from its SA Mint box can be challenging. The best method is to gently cup your hand and slap the box into your cupped palm. Always handle a Proof Krugerrand with soft cotton gloves to avoid fingerprints or damage.

In the coming years, these early Proof Krugerrands will become extremely rare. As more collectors seek to complete their sets, assembling a full collection will be increasingly difficult.