You own a Krugerrand Gold Coin—a valuable asset. When it's time to sell, you deserve a process that is secure, fast, and genuinely fair. Many gold buyers keep their pricing hidden, but at 401Gold, serving the entire GTA, we believe in one thing: complete transparency.
We simplify the transaction. We base our payouts on the live, intrinsic gold value of your coin, with our rates clearly visible on our website. No lowball offers, no confusion.
Why Sell Your Krugerrand to 401Gold? Your Expert Gold Buyers in the GTA
We know your primary concerns: the fear of being scammed and the desire for the highest payout. Here is how we guarantee your peace of mind:
- Live, Transparent Pricing: Our payout rates are directly tied to the real-time precious metals market and displayed openly. You know exactly what your coin is worth before you visit. This is our promise of Trust Through Transparency.
- Damage-Free & High-Tech Testing: We use state-of-the-art XRF technology for precise, non-destructive testing of your coin's purity. The results are scientific, accurate, and shown to you.
- Instant, Flexible Payment: Choose your preferred, same-day payment: cash, e-transfer, company cheque, or wire transfer for larger sums. Get quick access to your funds.
Understanding Your Krugerrand: Purity, Weight, and Value
The South African Krugerrand is an iconic gold bullion coin, recognized globally. To understand its value, you must know its composition:
The Coin's Purity and Composition
The Krugerrand is a gold alloy, minted to be durable and resistant to scratching. It is famous for its 22-karat (91.67%) gold purity.
- Purity: The coin is 91.67% pure gold.
- Alloy: The remaining 8.33% is copper, which gives the Krugerrand its distinct orange-gold tint and strength.
Standard Weights
While different sizes exist, the most common Krugerrand contains one full ounce of pure gold.
- The coin's Gross Weight (total weight including the copper alloy) is 33.93 grams.
- The coin's Fine Gold Content (the weight of pure gold) is exactly 31.103 grams, or one troy ounce.
We base our exceptional payout on the exact fine gold content (the intrinsic bullion value) of your coin, using the current, live market rate. We are transparent about the fact that we do not pay a premium for typical numismatic value on common-date Krugerrands, ensuring you get the absolute best price for its gold weight.
The 401Gold 3-Step Process: Secure Your Payout
Selling your gold coin to us is safe, easy, and completely transparent:
Step 1: Get Your Live Quote
Unlike competitors, our website displays our exact per-gram pricing, updated in real-time with the international gold market. You see exactly what we pay before you even step inside.
Step 2: Transparent, In-Person Verification
Visit our secure GTA location. Our experts will use the XRF analyzer to scientifically confirm the 91.67% gold purity of your Krugerrand right in front of you. We verify the weight and purity without damaging the coin.
Step 3: Get Paid Instantly
The live market rate is locked in, and you walk away with your money. Choose cash, e-transfer, cheque, or wire—all processed on the same day.
Trust & Authority: Why the GTA Chooses 401Gold
I had gold that had been in my family for over a century, never worn, and I was extremely skeptical about selling it. I did all the homework — Google searches, stamps, oz vs g, bars, coins — complete overload, jewelry stores vs buyers. I went absolutely ludicrous trying to find the stamp on a few pieces. After all that fuss, Kash spotted it in seconds in the most peculiar way. I was honestly stunned. That’s when I knew I was dealing with true professionals.
401Gold’s advertising was clear, direct, and their prices update with the market every few seconds — exactly what gave me the confidence to walk in, otherwise I had no clue what I was headed for.
Then I met Daniel, and everything became crystal clear. His precise vision, calm confidence, and the way he broke down every step made the entire process feel transparent and controlled. My gold never left my sight. He showed me each machine, each reading, the graphs, the purity levels — and even gave tips for buying gold. He answered personal questions I had about religious items with honesty, sincerity
and real knowledge. He even offered a cold bottle of water.
When it came time to finalize, Kash handled everything smoothly and professionally. And I’ll say it straight — I was extremely pleased and genuinely extremely happy with my final total. It exceeded my expectations and confirmed I chose the right place.
I walked in skeptical and walked out confident, respected, and relieved.
Congratulations on the Vaughan location — wishing the entire team continued success. Sincerely.
Highly recommended!!! Thank you Daniel and Kash for a truly exceptional fun filled experience.
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I had a great experience. The staff were very nice and transparent about the quotes, the process, and had a lot of cool equipment for analyzing gold and silver. And asked if we wanted some complimentary water.
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Came in and dealt with Kash and Chris and couldn’t be more pleased with the service they provided. They stayed after hours to take the time to educate and inform us of the process and made it very transparent. This is the best place in the GTA to go too for selling gold. Looking forward to going back and becoming life long customers.
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Came here and found Chris and Jennifer to be extremely helpful, knowledgeable and kind. Chris handled our transaction but both of them made our experience a 10/10 and will definitely be back in the future.
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Being sceptical & wary of big TV ad stores, my first impression of "401Gold" was welcoming & courteous, yet clients may feel safe, secure & valued here. Shop has great modern equipment to check gold components & Govt verified weighing scale.
Kasia is so knowledgeable & friendly, explained everything clearly & gave me great advice which gold pieces, to sell or keep for investment. Her expertise & efficiency was much appreciated, even though I walked in without an appointment & delayed her next client. She is very open about their shop commission & offers excellent gold prices. Everything was well documented in privacy & can be paid in cash &/company cheque.
Would highly recommend this store, definitely sell my other gold pieces & Rolex here. Kudos to you Kasia & my heartfelt thanks for a warm experience.
Elizabeth 🙂
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The best place to check the weight and karat your gold carries. Smooth and fast and guess what!!! First 3 pieces is free
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Pleased with my first experience today with selling scrap gold. The process is pretty simple and neat to watch. Staff are polite and knowledgeable. I was astonished with the amount i walked out with.
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Jessica Medeiros Raposo
8/20/2026
What a fantastic customer experience. It’s professional, friendly and transparent. I wish I owned more gold so I could come back soon.
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Highly recommend selling your Gold/Antique Jewelry at 401 Gold! I received exceptional customer service at Dufferin Location, and the associate Jen was professional, courteous and knowledgeable.
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I had gold that had been in my family for over a century, never worn, and I was extremely skeptical about selling it. I did all the homework — Google searches, stamps, oz vs g, bars, coins — complete overload, jewelry stores vs buyers. I went absolutely ludicrous trying to find the stamp on a few pieces. After all that fuss, Kash spotted it in seconds in the most peculiar way. I was honestly stunned. That’s when I knew I was dealing with true professionals.
401Gold’s advertising was clear, direct, and their prices update with the market every few seconds — exactly what gave me the confidence to walk in, otherwise I had no clue what I was headed for.
Then I met Daniel, and everything became crystal clear. His precise vision, calm confidence, and the way he broke down every step made the entire process feel transparent and controlled. My gold never left my sight. He showed me each machine, each reading, the graphs, the purity levels — and even gave tips for buying gold. He answered personal questions I had about religious items with honesty, sincerity
and real knowledge. He even offered a cold bottle of water.
When it came time to finalize, Kash handled everything smoothly and professionally. And I’ll say it straight — I was extremely pleased and genuinely extremely happy with my final total. It exceeded my expectations and confirmed I chose the right place.
I walked in skeptical and walked out confident, respected, and relieved.
Congratulations on the Vaughan location — wishing the entire team continued success. Sincerely.
Highly recommended!!! Thank you Daniel and Kash for a truly exceptional fun filled experience.
read moreread less
I had a great experience. The staff were very nice and transparent about the quotes, the process, and had a lot of cool equipment for analyzing gold and silver. And asked if we wanted some complimentary water.
read moreread less
Came in and dealt with Kash and Chris and couldn’t be more pleased with the service they provided. They stayed after hours to take the time to educate and inform us of the process and made it very transparent. This is the best place in the GTA to go too for selling gold. Looking forward to going back and becoming life long customers.
read moreread less
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