Proof Krugerrand Logo 2

Information on 1989 Proof Krugerrand.

Obverse of 1989 Proof Krugerrand

Proof Krugerrand 1989

The 1989 Proof Krugerrand coins were released individually for the 1 oz and 1/2 oz versions, while the 1/4 oz and 1/10 oz Proof Krugerrands were sold together in what was known as a pair SAM case.

From 1987 to 1991, some Proof Krugerrands were minted at Gold Reef City (GRC). The initials GRC, which stand for Gold Reef City, can be found above the "FYN" in "FYNGOUD."

These coins were minted using the original OOM PAUL Press, which had been relocated to the Gold Reef City Mint. In 1989, a total of 987 Gold Reef City Proof Krugerrands were minted. There were no GRC Bullion Krugerrands produced that year.


1989 Proof Krugerrand 1 oz.

One ounce 1989 Proof Krugerrand

Reverse side of 1989 1 oz Proof Krugerrand

How much is a 1 oz 1989 Proof Krugerrand worth?

As the value of bullion Krugerrand coins is closely tied to the price of gold, determining the exact value of a 1989 Proof Krugerrand can be challenging. However, a reasonable estimate would be around 105% of the gold price. The coin is worth considerably more if paired with fractional Proof Krugerrands.

1989 Information
Hern's Number K24
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 5,070
Mintage UNC/Bullion 199,389
Weight 33.9305 gm
Gold Weight 31.1 gm (1 oz)
Gold Content 91.667%
Copper Content 8.33%
Reeding Fine
Certificate of Origin No
Frosted Yes
Best Known PR70

1989 Proof Krugerrand 1/2 oz.

Half ounce 1989 Proof Krugerrand

Obverse side of 1989 1/2 oz Proof Krugerrand

How much is a 1/2 oz 1989 Proof Krugerrand worth?

A total of 3,727 half-ounce Proof Krugerrands were minted in 1989. These coins are considered common and are valued at approximately 1.15 times the gold melt value.

1989 Information
Hern's Number KH10
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 3,727
Mintage UNC/Bullion 8,707
Weight 16.966 gm
Gold Weight 15.55 gm (1/2 oz)
Gold Content 91.667%
Copper Content 8.33%
Reeding Fine
Certificate of Origin No
Frosted Yes
Best Known PR69

1989 Proof Krugerrand 1/4 oz.

Quarter ounce 1989 Proof Krugerrand

1989 1/4 oz Proof Krugerrand

How much is a 1989 quarter Proof Krugerrand worth?

3,316 quarter-ounce Proof Krugerrands were minted in 1989. They are considered common and worth around 1.05 times the gold melt value.

1989 Information
Hern's Number KQ10
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 3,316
Mintage UNC/Bullion 9,259
Weight 8.483 gm
Gold Weight 7.775 gm (1/4 oz)
Gold Content 91.667%
Copper Content 8.33%
Reeding Fine
Certificate of Origin No
Frosted Yes
Best Known PR70

1989 Proof Krugerrand 1/10 oz.

Tenth ounce 1989 Proof Krugerrand

1989 1/10 oz Proof Krugerrand

How much is a 1/10 oz 1989 Proof Krugerrand worth?

3,316 tenth-ounce Proof Krugerrands were minted in 1989. They are considered common and worth around 1.1 times the gold melt value.

1989 Information
Hern's Number KT10
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 3,316
Mintage UNC/Bullion 9,259
Weight 3.11 gm
Gold Weight 3.11 gm (1/10 oz)
Gold Content 91.667%
Copper Content 8.33%
Reeding Fine
Certificate of Origin No
Frosted Yes
Best Known PR69