1/10 Troy ounce gold Krugerrand coin 2024
1/10 Troy ounce gold Krugerrand coin 2024
- Securily packaged
- Certified
- Tradable world wide
- Customer rating: 9.7
The 1/10 troy ounce gold Krugerrand coin 2024 is struck in 22 karat gold and weighs 3.393 grams. This gold Krugerrand has a gold content of 91.667% and contains exactly 1/10 troy ounce (3.11 grams) of pure gold. The gold Krugerrand coin originates from South Africa.
Specifications
Physical properties
Net weight
The net weight is determined by multiplying the gross weight with with the purity. |
1/10 troy ounce |
Purity and metal type | 91,67% | Gold |
Gross weight | 3,38 gram |
Condition | New |
Origin
Country of origin | South Africa |
Mint | South African Mint |
Year of issue | 2024 |
Price properties
Selling price | € 321,00 |
Metal worth | € 255,66 |
Price per gram
The price per gram is determined by dividing the sales price by the net weight. |
€ 103,55 |
Premium
The premium is determined by substracting the metal worth from the sales price. |
€ 65,34 |
Investment score | Investment-score: B-label |
VAT-rate | Investment gold |
Other specifications
Pick up possible | Yes |
Storage possible | Yes |
Availability | In stock |
Information
Krugerrand 1/10 troy ounce gold coin 2024
The 1/10 troy ounce gold Krugerrand coin is the smallest coin from the gold Krugerrand series and was introduced in 1980 by The South African Mint from South Africa. The coin contains 11/12 part of 24-karat gold and 1/12 part of copper. This composition makes the gold Krugerrand a robust coin with a recognizable red-orange glow. Despite the composition with copper, the coin contains exactly 1/10 troy ounce (3.11 grams) of pure gold. The coin has a thickness of 1.35 mm and a diameter of 16.55 mm.The gold Krugerrand is the oldest and one of the most well-known gold investment coins in the world. With more than 60 million ounces sold worldwide over the past 50 years. The name of the coin is named after both the former president of South Africa, Paul Kruger, and the local South African currency, the Rand.
Design of 1/10 troy ounce gold Krugerrand
Obverse
On the obverse of the 1/10 troy ounce gold Krugerrand, the springbok is engraved. The springbok is the national animal of South Africa. At the bottom, the gold content 1/10 troy ounce of the coin is indicated in both English FINE GOLD and Afrikaans FYNGOUD. Around the springbok, various inscriptions can be found, such as the name of the coin KRUGERRAND and the year of issue.
Reverse
On the reverse of the 1/10 troy ounce gold Krugerrand, a portrait of Paul Kruger, the fifth president of South Africa, is depicted. Paul Kruger was not only known as president but also as the most prominent Farmer during the Farmer Wars. Around the portrait of Paul Kruger, an inscription of the origin of the coin can be found in both Afrikaans SUID-AFRIKA and English SOUTH AFRICA.
Unique coin with a combination of gold and copper
The gold Krugerrand is an investment coin with a combination of 91.6% (3.11 grams) gold and 8.4% (0.28 grams) copper. As a result, the coin also weighs slightly more (3.393 grams) than the other known 1/10 troy ounce investment coins. This unique combination of precious metal makes the coin stronger and less susceptible to wear. This gives the gold Krugerrand coin a red-orange hue. The Krugerrand is one of the most well-known investment coins in the world due to its popularity.The Krugerrand is produced by The South African Mint. With over 120 years of experience in coinage, they have been producing the 1/10 troy ounce gold Krugerrand for over 40 years. The Krugerrand coin has the status of legal tender and this coin is specifically issued for trading for the gold value. The gold Krugerrand coins are globally well negotiable.
Featured
- 1/10 troy ounce (3.11 grams) of pure gold
- Most tradable coin worldwide
- Diameter of 16.55 mm and thickness of 1.35 mm
Price chart
South African Mint
The South African Mint is responsible for minting all coins of the South African rand on behalf of its owner, the South African Reserve Bank. Located in Centurion, near South Africa's capital, Pretoria, this mint produces coins for both domestic and international markets.
Investment score
This product has a B-label (Common bullion coins and bars). This means that it is a common coin or bar that is easily tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice. Examples of coins with a B-label are coins with a lower mintage.
Label informationInvestment score: An A-label means that this is one of our most common products. When purchasing physical precious metals, we advise looking at both the lowest price per gram and the lowest spread. The spread indicates the difference between the buying and selling price. An A-label signifies that this is a favorable choice when buying gold and silver.
Investment score: A B-label means that this is a common coin or bar, which is widely tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice.
Investment score: A C-label means that this is a less favorable investment choice compared to a product with a higher investment score. Products with a C-label are considered collectibles.