Well, honey, a "pseudo fyngoud 1980 South African Krugerrand" is worth about as much as a chocolate teapot. It sounds like someone's trying to pull a fast one on you with a fake coin from 1980. Real Krugerrands are made of gold and have value, but this "pseudo fyngoud" sounds fishier than a seafood buffet in the desert.
Fools gold
what is value of a south African 1978 fine gold Krugerrand coin
South African politician
Krugerrand - South African gold coin
The South African government mints the krugerrand in gold only. There are silver kruggerrands floating around but they are not minted coins so be careful.
$3,000
The correct spelling is the proper noun Krugerrand, a South African gold bullion coin.
The Kruggerand is a gold coin from South Africa. They are released by the South African Mint and Government of South Africa. You could get them in South Africa or check with a local coin store.
Gold was worth an average 193 dollars in 1978. A South African gold krugerrand was and is worth about 10 percent more that the present price of gold. A krugerrand in 1978 would have been worth about 212 dollars.
Yes, there are most definitely fake krugerrands in circulation. The best way to verify a fake or real krugerrand is to go to a reputable coin dealer. You can also do some measurements of the coin, a real 1 oz. krugerrand will weigh 33.930g. its diameter will be 32.77mm, and its thickness will be 2.84mm.
This is aprivately minted item -- it did not come from Australia. It's either a novelty item -- gold plated over base metal -- worth maybe a dollar or two ... Or a bullion item -- valued for the actual gold content. However, it's "pound" may be deceiving. You would need to get it weighed and assayed to determine actual gold content, if it's not clearly stated on the coin. Then you can figure its value at about $600 per Troy ounce.
Krugerrand