Proof Krugerrand Logo 2

Information on 1988 Proof Krugerrand.

Obverse side of the 1988 Proof Krugerrand

Proof Krugerrand 1988

The Krugerrand Proofs were released in 1988 as individual 1-ounce Proof Krugerrands and 1/2-ounce Proof Krugerrands in SAM Cases. The 1/4-ounce and 1/10-ounce Proof Krugerrands were issued together in what was known as a pair SAM case.

From 1987 to 1991, some Proof Krugerrands were minted at Gold Reef City. These coins bear the initials GRC, which stand for Gold Reef City, positioned above the FYN in FYNGOUD.

These coins were struck using the original OOM PAUL Press, which was relocated to the Gold Reef City Mint. In 1988, a total of 1,222 Gold Reef City Proof Krugerrands were minted. No GRC Bullion Krugerrands were produced that year.


1988 Proof Krugerrand 1 oz.

One-ounce 1988 Proof Krugerrand

1988 1 oz Proof Krugerrand

How much is a 1 oz 1988 Proof Krugerrand worth?

The value of bullion Krugerrand coins is closely tied to the price of gold, making it difficult to determine the exact price of a 1988 Proof Krugerrand. However, a reasonable estimate for a 1988 Proof Krugerrand is around 105% of the gold price. It is worth considerably more if included with fractional Proof Krugerrands.

1988 Information
Hern's Number K23
Krause-Mishler Number KM73
Designer CLS Coert Steynberg
Size Diameter 32.61 to 32.77 mm
Thickness 2.87 to 2.97 mm
Mintage Proof 5,074
Mintage UNC/Bullion 619,747
Weight 33.9305 g
Gold Weight 31.1 g (1 oz)
Gold Content 91.667%
Copper Content 8.33%
Reeding Coarse
Certificate of Origin No
Frosted Yes
Best Known PR69

1988 Proof Krugerrand 1/2 oz.

Half-ounce 1988 Proof Krugerrand

1988 Half-ounce Proof Krugerrand

How much is a 1/2 oz 1988 Proof Krugerrand worth?

3,088 half-ounce Proof Krugerrands were minted in 1988. They are relatively common and are typically valued around 115% of the gold melt price.

1988 Information
Hern's Number KH9
Krause-Mishler Number KM107
Designer CLS Coert Steynberg
Size Diameter 26.93 to 27.07 mm
Thickness 2.115 to 2.215 mm
Mintage Proof 3,088
Mintage UNC/Bullion 8,542
Weight 16.966 g
Gold Weight 15.55 g (1/2 oz)
Gold Content 91.667%
Copper Content 8.33%
Reeding Fine
Certificate of Origin No
Frosted Yes
Best Known PR69

1988 Proof Krugerrand 1/4 oz.

Quarter-ounce 1988 Proof Krugerrand

1988 Quarter-ounce Proof Krugerrand

How much is a 1988 quarter Proof Krugerrand worth?

2,862 quarter-ounce Proof Krugerrands were minted in 1988. They are relatively common and typically valued around 120% of the gold melt price.

1988 Information
Hern's Number KQ9
Krause-Mishler Number KM106
Designer CLS Coert Steynberg
Size Diameter 21.94 to 22.06 mm
Thickness 1.788 to 1.888 mm
Mintage Proof 2,862
Mintage UNC/Bullion 8,808
Weight 8.483 g
Gold Weight 7.775 g (1/4 oz)
Gold Content 91.667%
Copper Content 8.33%
Reeding Fine
Certificate of Origin No
Frosted Yes
Best Known PR69

1988 Proof Krugerrand 1/10 oz.

Tenth-ounce 1988 Proof Krugerrand

1988 Tenth-ounce Proof Krugerrand

How much is a 1/10 oz 1988 Proof Krugerrand worth?

2,862 tenth-ounce Proof Krugerrands were minted in 1988. They are relatively common and typically valued around 125% of the gold melt price.

1988 Information
Hern's Number KT9
Krause-Mishler Number KM105
Designer CLS Coert Steynberg
Size Diameter 16.45 to 16.55 mm
Thickness 1.25 to 1.35 mm
Mintage Proof 2,862
Mintage UNC/Bullion 90,295
Weight 3.393 g
Gold Weight 3.11 g (1/10 oz)
Gold Content 91.667%
Copper Content 8.33%
Reeding Fine
Certificate of Origin No
Frosted Yes
Best Known PR69