1975 Proof Krugerrand
The 1975 Krugerrand saw an explosion in bullion demand, with nearly 5 million Bullion Krugerrands minted. However, Proof Krugerrands were extremely limited, with only 5,600 Proof coins produced, marking the lowest Proof mintage at the time.
Since 1975 was the first full year that Americans could legally own gold Krugerrands, the market for these coins expanded significantly.
All Proof Krugerrands should be accompanied by an SA Mint box, an SAGCE enclosure, or be certified and slabbed by NGC or another grading service. There were no Certificate of Origin (COA) documents issued for Proof Krugerrands in 1975.
How Much is a 1975 Proof Krugerrand Worth?
Since the value of bullion Krugerrands is closely tied to the price of gold, determining an exact price for a 1975 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. Completing a full set will be increasingly difficult as collector demand rises.
| 1975 | Information |
|---|---|
| Hern's Number | K10 |
| Krause-Mishler Number | KM73 |
| Designer | CLS Coert Steynberg |
| Diameter | 32.61 to 32.77 mm |
| Thickness | 2.87 to 2.97 mm |
| Mintage (Proof) | 5,600 |
| Mintage (UNC/Bullion) | 4,809,525 |
| Total Weight | 33.9305 g |
| Gold Weight | 31.1 g (1 oz) |
| Gold Purity | 91.667% |
| Copper Content | 8.333% |
| Reeding | Coarse |
| Certificate of Origin | No |
| Frosted Features | Yes |
| Best Known Grade | PR69 |