The value of a 1981 Krugerrand gold coin depends on several factors, including its weight, condition, and the current market price of gold.
Here’s a breakdown of how to estimate its value:
As of August 13, 2025, the live gold spot price is:
- Per ounce: $3,363.28 USD
- Per gram: $108.13 USD
1981 Krugerrands were issued in different weights, including:
- 1 oz: Contains 1 troy ounce of gold.
- 1/4 oz: Contains 1/4 troy ounce of gold.
- 1/10 oz: Contains 1/10 troy ounce of gold.
Note: The 1981 Krugerrand is 22-karat gold, meaning it has a fineness of 0.9167 (91.67% pure gold and 8.33% copper).
To estimate the gold value (also known as the melt value), multiply the gold content of the coin (in troy ounces) by the current gold spot price per troy ounce.
For example, for a 1 oz Krugerrand:
1 troy ounce x $3,363.28/troy ounce = $3,363.28
In addition to the melt value, the 1981 Krugerrand might also have a numismatic value, which is based on factors such as its rarity, historical significance, and condition.
- Mintage: 3,108,968 coins were minted in 1981, making it a relatively common coin.
- Proof coins: Some proof Krugerrands from 1981 have been certified and are offered at a higher price.
Based on recent offers and listings, the market value for a 1981 Krugerrand can range depending on factors like:
- Weight: 1 oz Krugerrands can be found for around $3,524.14 – $3,762.
- Condition and Certification: A certified proof coin in PF 69 Ultra Cameo condition is priced at $4,180.
- Retail markup: Bullion dealers and coin sellers typically add a small percentage to the melt value.
To get the most accurate valuation, it is recommended to:
- Consult a reputable coin dealer or appraiser: They can assess the coin’s condition, rarity, and current market demand.
- Compare prices from multiple sources: Check online marketplaces, auction sites, and reputable bullion dealers.
Note
The 1981 Krugerrand is considered legal tender in South Africa, although its value far exceeds the nominal face value.
What is a 1981 Krugerrand worth today?
1981 Krugerrand Gold Coin 1oz – $3,812.
Which year Krugerrand is the most valuable?
Good point! For example, the 1967 Krugerrand is the most valuable since only 40,000 were minted!
What is a 1980 Krugerrand worth today?
1980 Krugerrand Gold Coin 1oz – $3,830.