Sell Your Krugerrand

A 1oz Krugerrand contains exactly 31.1035 grams of pure gold. Its value is calculated by multiplying this weight by the current gold spot price per gram. Because Krugerrands are so widely traded, they typically sell at 97-98% of this calculated spot value. Use our calculator above for a live estimate based on today's gold price. Remember to factor in Capital Gains Tax if your profit exceeds the annual CGT allowance.

Yes. Krugerrands are not UK legal tender, so any profit you make from selling them is subject to Capital Gains Tax. You can use your annual CGT allowance (currently £3,000 per tax year) to offset gains. If your total chargeable gains from all assets exceed this allowance, you will need to report and pay tax on the excess. Keep records of your original purchase price to accurately calculate your gain.

Krugerrands are minted from 22ct gold, which is an alloy of gold and copper. The copper provides durability and gives the coin its characteristic reddish-orange tone. This is completely normal and does not indicate any deficiency in gold content — the coin still contains exactly one troy ounce of pure gold.

Specialist bullion dealers consistently offer the best prices for Krugerrands. Online postal services such as Hatton Garden Metals, BullionByPost, and Chards tend to pay more than high-street jewellers or pawnbrokers due to lower overheads. Always get at least three quotes. Because Krugerrands are universally recognised, you should never have difficulty finding a buyer — the key is comparing rates to get the best deal.

Yes. Fractional Krugerrands (1/2oz, 1/4oz, and 1/10oz) are all valuable and readily purchased by dealers. They contain proportional amounts of pure gold — 15.5517g, 7.7759g, and 3.11035g respectively. While fractional coins may attract a slightly lower percentage of spot compared to the full 1oz coin, they are still highly liquid and worth selling. Pool smaller coins together when getting quotes as some dealers offer better rates for multiple items.