Rough estimates where possible; your final offer follows inspection.
No obligation. Free tracked return if you decline. We aim to pay within one working hour of acceptance.
GoldPaid buys Krugerrand gold coins by post from anywhere in the UK: one-ounce, half, quarter and tenth-ounce coins. A one-ounce Krugerrand holds one troy ounce of fine gold, and an XRF test confirms the coin is genuine before the written offer. Send a photo on WhatsApp first and we will tell you how we would value your coins before you post anything. Unlike sovereigns, Krugerrands are not UK legal tender, so Capital Gains Tax can apply to a gain.
Send a photo on WhatsApp for a rough estimate where possible, or arrange to post your items for assessment. We confirm our purchase offer after inspection, and you decide whether to accept. Final offers depend on inspection, item weight, purity, hallmarks, stones, non-gold components, condition and the live precious-metal market.
Free Special Delivery label, usually within 30 minutesPurity tested in-house by X-ray (XRF)
Checked against the sources listed on this page on .
How is a one-ounce Krugerrand valued?A one-ounce Krugerrand holds one troy ounce of fine gold, so its market value tracks the gold price and the pound-dollar rate. Ask on WhatsApp and we will tell you how we would value yours today, rather than working from a printed number, or see Krugerrand value.
Please send us photos on WhatsApp, and we will help you.
Send photos of your items and any hallmarks. We give a rough estimate where possible; your final offer follows inspection. You do not need to arrange postage to ask us a question.
We arrange postage with you after our conversation.
Before you post
The questions people ask before they send anything, answered here rather than at the end of the page.
Can I ask first?
Yes. WhatsApp a photo to 07944 014111, 8am to 9pm, every day, and we reply with an idea of what it is worth. Nothing is posted until you decide.
Is it safe to post?
Your parcel travels by Royal Mail Special Delivery, tracked and signed for. Royal Mail cover may be available up to £2,500 depending on the postal method and cover level used. GoldPaid can confirm the appropriate postal option before you post.
How is it tested?
Your parcel is signed for on arrival and opened at our Bristol office, where each item is weighed and tested with an XRF analyser, an X-ray test that reads the metal without marking it. Your written offer lists each piece with its weight, purity and figure.
What if I say no?
We return everything by Royal Mail Special Delivery at our cost. Saying no costs you nothing.
When am I paid?
Only if you accept the written offer. We aim for the money to reach your bank within 24 hours of posting. We use Royal Mail Special Delivery Guaranteed, test your items promptly on receipt, and aim to pay by Faster Payments within one working hour of your acceptance. The 24-hour target is an aim, not a guarantee: it depends on posting before the local cut-off, the applicable working-day delivery service, prompt acceptance, completed identity checks and bank processing.
How long does an offer last?
Each written offer is dated and holds for a limited time, because metal prices move. If it lapses, we re-run it at that day’s rate.
Who am I dealing with?
GOLDPAID LTD, registered in England and Wales, run by founder Rocco Clayfield. Our office is at Unit 217, Bristol Business Centre, 179 Whiteladies Road, Clifton, Bristol BS8 2AG. We are postal only, so there is no counter to visit. Before we pay, we ask every seller for a photo of their passport or driving licence.
Final offers depend on inspection, item weight, purity, hallmarks, stones, non-gold components, condition and the live precious-metal market.
Short answer
Krugerrands are bullion coins, so their market value follows the gold price. We buy one-ounce, half, quarter and tenth-ounce Krugerrands UK-wide. Send a photo on WhatsApp first, then request a free prepaid Royal Mail label, post the coins, and read the written offer. Payment is by bank transfer if you accept, with a free tracked return if you decline.
What a Krugerrand is, technically
The Krugerrand has been struck by the South African Mint since 1967 and is one of the best-known gold bullion coins. The one-ounce Krugerrand contains exactly one troy ounce of fine gold (31.1035 grams). The coin is 22ct gold (91.67%) with the remaining 8.33% being copper, which gives the coin its distinctive reddish-yellow tone and substantial physical resilience.
The gross weight of a one-ounce Krugerrand is 33.93 grams (one troy ounce of gold plus the copper alloy weight). Fractional Krugerrands were introduced in 1980: the half-ounce (16.97g gross), quarter-ounce (8.48g gross) and tenth-ounce (3.39g gross). All four sizes share the same 22ct purity and the same obverse and reverse designs.
Why Krugerrands trade on their gold
Bullion Krugerrands are not collector coins: they were struck in large numbers, and the market treats them as a way to hold gold.
Common-date bullion Krugerrands carry no rarity premium to research and no condition concerns within normal limits. A Krugerrand kept in a coin tube and one carried in a pocket for thirty years both contain the same one ounce of gold.
Proof Krugerrands and presentation sets
The South African Mint has produced proof Krugerrands since 1967 as a parallel collector series. Proof coins are struck on polished blanks with mirror-finish fields and frosted devices; they are distinguishable from bullion strikes by the depth of the lettering and the field finish. Proof Krugerrands sell at modest premiums to bullion when complete with their original capsule and certificate of authenticity.
If your Krugerrand is in a sealed capsule and the original presentation case, do not remove it before posting. The capsule protects the proof finish and the case-and-certificate combination is what carries the small numismatic premium.
Posted bullion parcels and the cover question
A single one-ounce Krugerrand holds a full troy ounce of fine gold, so even a single coin can be worth more than a standard postal parcel is covered for. Royal Mail cover may be available up to £2,500 depending on the postal method and cover level used. GoldPaid can confirm the appropriate postal option before you post. Message us before posting, and a larger lot can travel in more than one parcel, each with its own prepaid label and tracking number.
Pack each coin in its own coin tube or small coin envelope to prevent contact damage in transit. Krugerrands are durable but contact between two coins in a bag will create rim marks that, while harmless to bullion value, do affect any future resale as numismatic items.
Getting it here safely
We email you a Royal Mail Special Delivery Guaranteed label, usually within 30 minutes between 8am and 9pm: tracked end to end and signed for. Royal Mail cover may be available up to £2,500 depending on the postal method and cover level used. GoldPaid can confirm the appropriate postal option before you post. Print the label at home, or ask for a QR code and the Post Office counter prints it for you. If your items are worth more, message us before posting and we split them across more than one prepaid label. There is more on postage and cover. If a parcel is lost on its way to us, the compensation claim goes to Royal Mail from you, the sender, using your Post Office receipt, and we give you our tracking records and help you make it. Lost parcels, step by step.
If the offer is not for you
Then nothing happens except a free return. We send your items back by tracked, signed-for post at our cost, with no fee for declining and no follow-up. A valuation is only worth having if you can turn it down freely, so you can. See what happens if I decline the offer.
The written offer is dated and holds for a limited time, because metal prices move. If it lapses before you decide, we re-run it against the live precious-metal market on the day, at no charge. You can also accept part of a parcel and decline the rest, with no minimum and no penalty for splitting it.
How payment reaches you
Accept the offer and we aim to send the money by Faster Payments within one working hour of your acceptance, straight to the bank account you provide. There are no cheques and no strings.
What you see before you decide
GoldPaid makes no price-beating claims. You get the XRF reading, the weight and the figure for every piece in writing, and you decide at home.
What decides your offer
Every parcel is opened at our Bristol office and each piece is handled on its own. Nothing is averaged across the parcel.
Weight. Each item is weighed on scales. Stones, steel springs, non-gold clasps and cores are not paid as gold. The written breakdown explains the payable metal weight for each item, rather than treating everything on the scales as precious metal.
Purity. Each item is tested with an XRF analyser, which reads the metals at the points tested without marking the item. A surface reading alone cannot establish the composition of a plated or filled piece. Hallmarks, construction and different components all need to be considered alongside the test.
The market on the day. Gold and silver are priced against the live precious-metal market at the time your parcel is assessed, not at the time you posted.
Condition and intact value. Broken is fine and does not reduce a metal offer. Where a piece is worth more intact (a named maker, a collectable coin, a locket with provenance) we tell you before testing, so you can choose.
Anything that is not gold or silver. Plated, rolled-gold and base-metal items are listed on the offer at nothing and returned to you free. We never quietly keep them.
Why we do not publish a per-gram price list. A single printed rate hides the things that change the figure: hollow versus solid, stones, mixed carats in one bag, a mark that does not match the metal. We would rather show you the weight, the tested purity and the figure for each item, in writing, and let you decide. Final offers depend on inspection, item weight, purity, hallmarks, stones, non-gold components, condition and the live precious-metal market.
What you see before you decide. A written, itemised offer by WhatsApp or email: every item, its weight, its tested purity, and its figure. Accept and we aim to pay by bank transfer within one working hour. Decline and the whole parcel comes back by Royal Mail Special Delivery at our cost. No fee, no deduction, no questions.
Proof issues sold complete with their original case and certificate can be; common-date bullion Krugerrands trade on their gold. A photo showing the year and any case tells us which kind yours is.
Should I clean my Krugerrand before posting?
Never clean gold coins. Cleaning leaves scratches that are invisible to the eye but visible under loupe magnification and damages future resale. Send the coin as it is.
Can I send Krugerrands in different sizes in one parcel?
Yes. One-ounce, half-ounce, quarter-ounce and tenth-ounce coins are listed separately, and each line of the written offer shows the size and the figure for that coin.
What happens if my Krugerrand turns out to be a fake?
XRF testing detects counterfeit coins immediately because the metal composition will not match the genuine 22ct gold profile. Suspected fakes are returned to you at no cost with an explanation.
How quickly are Krugerrands paid for?
The same way as any other parcel: the written offer usually follows on the working day the parcel arrives, and we aim to pay by Faster Payments within one working hour of your acceptance.
Do I pay Capital Gains Tax when I sell Krugerrands?
It can apply. A Krugerrand is South African currency, not UK legal tender, so it is a chargeable asset, and because it is currency the £6,000 personal-possessions exemption does not apply to it (HMRC Capital Gains Manual CG76881). Whether tax is due depends on your gain and your annual exempt amount. This is general information, not tax advice.
Not the question you had? The full GoldPaid FAQ covers the rest, from postal cover and ID checks to what happens if you decline the offer.
The full process, start to finish
Ask, then send photos. Message us on WhatsApp with a few clear photos of your Krugerrand coins. Lay items flat, in daylight if you can, and include any hallmarks or carat stamps in shot. We reply with a rough estimate and answer anything you want to ask. There is no charge and no obligation.
Request the prepaid label. When you are ready, we email a free Royal Mail Special Delivery Guaranteed label, tracked and signed for. No printer is needed: ask for a QR code and the Post Office counter prints it for you.
Pack and post, tracked. Wrap items in any padded envelope or a small box and attach the label. Hand the parcel in over the Post Office counter so you get a receipt with the tracking number. Keep that receipt. There is no deadline.
We weigh, test and value. On arrival each item is weighed and tested by XRF spectrometry to confirm purity. You receive a written, itemised offer showing the weight, the purity and the figure for each item, usually on the working day your parcel arrives.
Accept or decline. Accept and you are paid by bank transfer via Faster Payments. Decline and everything is returned to you free of charge by tracked, signed-for post. The choice is entirely yours, and you do not need to give a reason.
Please send us photos on WhatsApp, and we will help you. We give a rough estimate where possible and arrange postage with you after our conversation. Your final offer follows inspection.
Message us with a clear photo of your items on WhatsApp, or call. There is no obligation at any stage and the only commitment is your decision to accept a written offer once you have seen it.
