- Pre-owned
1/2 Troy ounce gold Krugerrand coin
- Pre-owned
1/2 Troy ounce gold Krugerrand coin
- Securily packaged
- Certified
- Tradable world wide
- Customer rating: 9.7
The 1/2 troy ounce Krugerrand is a highly sought-after investment coin. The coin is minted by the South African Rand Refinery in Johannesburg. This coin stands out amongst other investment coins due to its red glow and is the oldest gold investment coin in the world.
Specifications
Physical properties
Net weight
The net weight is determined by multiplying the gross weight with with the purity. |
1/2 troy ounce |
Purity and metal type | 91,67% | Gold |
Gross weight | 16,91 gram |
Dimensions | 27.0 x 2.24 mm |
Origin
Country of origin | South Africa |
Mint | South African Mint |
Year of issue | Various |
Price properties
Selling price | € 1.411,00 |
Metal worth | € 1.259,92 |
Price per gram
The price per gram is determined by dividing the sales price by the net weight. |
€ 91,03 |
Premium
The premium is determined by substracting the metal worth from the sales price. |
€ 151,08 |
Investment score | Investment score: A-label Our top 100 products |
VAT-rate | Investment gold |
Other specifications
Pick up possible | Yes |
Storage possible | Yes |
Availability | In stock |
Information
Gold coin Krugerrand coin from previous years
The coin is struck in 22-carat gold and weighs 16.97 grams, of which 15.55 grams is pure gold (half a troy ounce). In addition to gold, this coin also contains copper. This gives the coin its characteristic red glow that differentiates it from other coins. Furthermore, this alloy of gold and copper makes the coin more robust and less susceptible to scratches.What further distinguishes the Krugerrand is that the coin has no nominal value. Traditionally, the coin was designed and produced to be traded purely as gold, not as a means of payment. In contrast, the South African Reserve Bank (SARB) guarantees to buy back the gold Krugerrand coin at any time at the current gold price.
These gold 1/2 troy ounce Krugerrand coins are from various previous years. These coins are cheaper than newly minted coins, while the weight and quality are the same. This is because the pricing of the newly minted coins also includes the production and transportation costs to the UK.
Design Gold Krugerrand of 1/2 troy ounce
Obverse
In the middle of the obverse, you will see an image of a springbok, the national symbol of South Africa. Further on this side, you will find the name of the coin KRUGERRAND at the top, the year the coin was minted (middle left and right) and at the bottom the gold content 1/2 OZ FINE GOLD.
Reverse
On the reverse is an image of Paul Kruger. Paul Kruger was a prominent figure in the history of South Africa as an important farmer during the Boer Wars and as the 5th president of the South African Republic. Otto Schulz is the designer of the motif. An additional detail is the milled edge and the text SUD-AFRIKA and SOUTH AFRICA.
History of the gold Krugerrand
The South African Rand Mint (now South African Rand Refinery) was the first mint house to introduce the gold investment coin in 1967. The purpose of the coin was to be traded purely as gold and as a promotion for South African gold. The name Krugerrand is a combination of Paul Kruger (the 5th president of the South African Republic) and Rand (the official South African currency).Since then, this coin has become a staple in the range of investment coins. It is a seemingly simply designed coin with strong lines and a robust appearance. The design of the gold Krugerrand has remained virtually unchanged since the first design.
Featured
- Struck by the South African Rand Refinery
- Oldest and globally known gold investment coin
- Struck in 22-carat gold and contains exactly 1/2 troy ounce pure gold
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 an A-label. This means that it is one of our most common products. When purchasing physical precious metals, we recommend 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 means this is a favorable choice when buying gold and silver.
LabelinformatieInvestment 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.