- Gold Krugerrands do not appreciate every year. However, Krugerrands have appreciated in the long-term. Since the Vietnam War, they rose from $35 to today's values of well over one thousand dollars. Since 'Y2k' year 2000, Gold South African Krugerrand coins have appreciated about 450%.
- 1967 - Present (Random Year) South Africa 1 oz Gold Krugerrand In CoinFolio Coin Flip 1 OZ Brilliant Uncirculated. 5.0 out of 5 stars 3. $2,292.79 $ 2,292.
It was the first modern bullion coin, invented as a convenient way for individuals to buy and sell investment-grade gold. By 1980 the Krugerrand dominated the global gold coin market. The name 'Kruger' is from the former South African president Stephanus Johannes Paulus 'Paul' Kruger, whose profile is depicted on the obverse side of the coin.
Krugerrand Coin Value
Like clockwork, a mystery donor dropped a gold Krugerrand coin into a Midtown Salvation Army kettle this week, continuing a 22-year Fort Collins tradition.
The coin — a South African Krugerrand currently valued around $1,900 — was found Monday in the red kettle outside Hobby Lobby, 4106 S. College Ave., according to The Salvation Army.
And for the first time in 15 years, this season's Krugerrand coin came wrapped in a message.
'Farewell 2020, it's been quite the year. / Filled with elections, Covid, hatred and fear,' the message read. 'For it's in the low times we learn the most, / Otherwise, we wouldn't have good times to toast! / So, thank you for family, health and friends. / Thank you for a community that rises to defend. / Thank you for giving us a year to slow down. / May we remember all we found. / Merry Christmas and Happy New Year!'
© The Salvation Army Salvation Army bell ringer Robert Thompson holds out the gold Krugerrand coin left in his red kettle Monday. Thompson, a favorite bell ringer of the mysterious coin donor, has been the tradition's lucky recipient five of the last six years.
This marks the third year in a row a Krugerrand coin has been left in the kettle at Fort Collins' Hobby Lobby. It's the fifth time in the past six years that Salvation Army bell ringer Robert Thompson has been the tradition's lucky recipient, according to Coloradoan archives.
Another Fort Collins tradition: Inside the decades-long history of Old Town's holiday lights
Earlier this month, on Dec. 5, a Krugerrand coin was found wrapped in a message in a red kettle outside a Highlands Ranch King Soopers. The anonymous Highlands Ranch donor has been dropping Krugerrand coins off in the area for several years, but given the differences in location, donation time and the content of each message, the Salvation Army doesn't believe both coins were dropped off by the same person, the charity's Special Events Director Rachael Fowler said.
News of the two Krugerrand donations continuing this year comes as The Salvation Army wraps up its red kettle campaign. In Colorado, the organization hoped to bring in the $300,000 necessary to reach its $2.2 million donation goal by the evening of Christmas Eve, a new release from the charity said.
The 1-ounce gold coin is currently valued at $1,875, according to Fort Collins coin shop Corner Coins & Jewelry.
Fort Collins' Krugerrand tradition began in 1998, when an anonymous donor dropped off one of the valuable South African gold coins in a local red kettle in the weeks leading up to Christmas. Since then — with the exception of 2001 — at least one Krugerrand has been donated in the city each year through the annual Salvation Army fundraising campaign.
In 2000, the Krugerrand coin was found with a note that read, 'Down but not out. Merry Christmas.' In 2003 and 2005, short Christmas poems were found with the coins, according to the Coloradoan archives.
Over the years, an anonymous man has also occasionally come to the Fort Collins Salvation Army to purchase that season's coin back, Salvation Army Capt. Isaias Braga told the Coloradoan in 2018.
No donor has purchased the Krugerrands back since 2015, Fowler said.
Krugerrand Coin Holder
Need some good news this holiday season?: Hear about NORAD's Santa tracker and the Colorado colonel who saved Christmas
'We are so grateful for these ‘Secret Santas' who continue to bless us year after year,' Salvation Army Intermountain Divisional Commander Major Mike Dickinson said in the news release about both Colorado Krugerrand donations.
Krugerrand Coin
- Gold Krugerrands do not appreciate every year. However, Krugerrands have appreciated in the long-term. Since the Vietnam War, they rose from $35 to today's values of well over one thousand dollars. Since 'Y2k' year 2000, Gold South African Krugerrand coins have appreciated about 450%.
- 1967 - Present (Random Year) South Africa 1 oz Gold Krugerrand In CoinFolio Coin Flip 1 OZ Brilliant Uncirculated. 5.0 out of 5 stars 3. $2,292.79 $ 2,292.
It was the first modern bullion coin, invented as a convenient way for individuals to buy and sell investment-grade gold. By 1980 the Krugerrand dominated the global gold coin market. The name 'Kruger' is from the former South African president Stephanus Johannes Paulus 'Paul' Kruger, whose profile is depicted on the obverse side of the coin.
Krugerrand Coin Value
Like clockwork, a mystery donor dropped a gold Krugerrand coin into a Midtown Salvation Army kettle this week, continuing a 22-year Fort Collins tradition.
The coin — a South African Krugerrand currently valued around $1,900 — was found Monday in the red kettle outside Hobby Lobby, 4106 S. College Ave., according to The Salvation Army.
And for the first time in 15 years, this season's Krugerrand coin came wrapped in a message.
'Farewell 2020, it's been quite the year. / Filled with elections, Covid, hatred and fear,' the message read. 'For it's in the low times we learn the most, / Otherwise, we wouldn't have good times to toast! / So, thank you for family, health and friends. / Thank you for a community that rises to defend. / Thank you for giving us a year to slow down. / May we remember all we found. / Merry Christmas and Happy New Year!'
© The Salvation Army Salvation Army bell ringer Robert Thompson holds out the gold Krugerrand coin left in his red kettle Monday. Thompson, a favorite bell ringer of the mysterious coin donor, has been the tradition's lucky recipient five of the last six years.This marks the third year in a row a Krugerrand coin has been left in the kettle at Fort Collins' Hobby Lobby. It's the fifth time in the past six years that Salvation Army bell ringer Robert Thompson has been the tradition's lucky recipient, according to Coloradoan archives.
Another Fort Collins tradition: Inside the decades-long history of Old Town's holiday lights
Earlier this month, on Dec. 5, a Krugerrand coin was found wrapped in a message in a red kettle outside a Highlands Ranch King Soopers. The anonymous Highlands Ranch donor has been dropping Krugerrand coins off in the area for several years, but given the differences in location, donation time and the content of each message, the Salvation Army doesn't believe both coins were dropped off by the same person, the charity's Special Events Director Rachael Fowler said.
News of the two Krugerrand donations continuing this year comes as The Salvation Army wraps up its red kettle campaign. In Colorado, the organization hoped to bring in the $300,000 necessary to reach its $2.2 million donation goal by the evening of Christmas Eve, a new release from the charity said.
The 1-ounce gold coin is currently valued at $1,875, according to Fort Collins coin shop Corner Coins & Jewelry.
Fort Collins' Krugerrand tradition began in 1998, when an anonymous donor dropped off one of the valuable South African gold coins in a local red kettle in the weeks leading up to Christmas. Since then — with the exception of 2001 — at least one Krugerrand has been donated in the city each year through the annual Salvation Army fundraising campaign.
In 2000, the Krugerrand coin was found with a note that read, 'Down but not out. Merry Christmas.' In 2003 and 2005, short Christmas poems were found with the coins, according to the Coloradoan archives.
Over the years, an anonymous man has also occasionally come to the Fort Collins Salvation Army to purchase that season's coin back, Salvation Army Capt. Isaias Braga told the Coloradoan in 2018.
No donor has purchased the Krugerrands back since 2015, Fowler said.
Krugerrand Coin Holder
Need some good news this holiday season?: Hear about NORAD's Santa tracker and the Colorado colonel who saved Christmas
'We are so grateful for these ‘Secret Santas' who continue to bless us year after year,' Salvation Army Intermountain Divisional Commander Major Mike Dickinson said in the news release about both Colorado Krugerrand donations.
Krugerrand Coin
'While the donors are still unknown, what is clear is the impact this person has on our Red Kettle Campaign. They exemplify the spirit of Christmas and allow us to continue providing services in Colorado.'
Erin Udell reports on news, culture, history and more for the Coloradoan. Contact her at ErinUdell@coloradoan.com. The only way she can keep doing what she does is with your support. If you subscribe, thank you. If not, sign up for a digital subscription to the Coloradoan today.
This article originally appeared on Fort Collins Coloradoan: Fort Collins Krugerrand coin tradition continues, this time with a special 2020 message
