- Mint condition
1/4 Troy ounce gold Krugerrand coin 2024
- Mint condition
1/4 Troy ounce gold Krugerrand coin 2024
- Securily packaged
- Certified
- Tradable world wide
- Customer rating: 9.7
The 1/4 troy ounce gold Krugerrand coin is recognisable by its red-orange glow and contains exactly 1/4 troy ounce of pure gold. This well-known gold investment coin has been issued since 1980.
Specifications
Physical properties
Net weight
The net weight is determined by multiplying the gross weight with with the purity. |
1/4 troy ounce |
Purity and metal type | 91,67% | Gold |
Gross weight | 8,40 gram |
Dimensions | 22.06 x 1.88 m |
Condition | Brilliantly Uncirculated |
Origin
Country of origin | South Africa |
Mint | South African Mint |
Year of issue | 2024 |
Price properties
Selling price | € 710,00 |
Metal worth | € 609,82 |
Price per gram
The price per gram is determined by dividing the sales price by the net weight. |
€ 92,21 |
Premium
The premium is determined by substracting the metal worth from the sales price. |
€ 100,18 |
Investment score | Investment score: A-label |
VAT-rate | Investment gold |
Other specifications
Pick up possible | Yes |
Storage possible | Yes |
Availability | In stock |
Information
Krugerrand 1/4 troy ounce gold coin 2024
The 1/4 troy ounce gold Krugerrand coin of 2024 is produced in South Africa, by The South African Mint. This gold coin is issued on behalf of the government of South Africa as a gold investment coin and has been in circulation since 1980.The gold Krugerrand coins have a slightly different composition of precious metals than other gold investment coins, this 1/4 troy ounce coin is composed of 91.67% pure gold (7.77 grams) and 8.33% copper (0.012 grams). This results in a total weight of 8.49 grams. As a result, the coin is slightly heavier than the other 1/4 troy ounce gold investment coins. Despite the added copper, the coin does contain exactly a quarter troy ounce (7.77 grams) of pure gold. The added copper makes the Krugerrand a robust coin and less vulnerable to wear. It also gives the coin its recognisable red-orange glow.
Kruger & Rand
The gold Krugerrand owes its name to the former president of South Africa, Paul Kruger, and the national South African currency, the Rand. The gold Krugerrand coin (of 1 troy ounce) has been produced since 1967, making it the oldest investment coin. Due to the popularity of the Krugerrand, it is one of the most well-known gold coins worldwide.Design of the 1/4 troy ounce gold Krugerrand
Obverse
On the obverse of the 1/4 troy ounce gold Krugerrand, a springbok is depicted. The springbok, the national animal of South Africa, is seen running over a desert plant in the image. This plant is called the aloe claviflora and is characteristic of the landscape in South Africa. In addition, the name of the coin KRUGERRAND and the year are engraved on the coin. The gold content (1/4 troy ounce) of the coin is indicated at the bottom of the coin in both Afrikaans FYNGOUD and English FINE GOLD.
Reverse
On the reverse of the 1/4 troy ounce gold Krugerrand, Paul Kruger is depicted. Paul Kruger was the fifth president of the Republic of South Africa from 1883 to 1900. In addition, Paul Kruger also played an important role during the Farmer Wars as the most prominent farmer. The image of Paul Kruger was designed by Otto Schultz. The country of origin is engraved around the effigy of the former president in both English SOUTH AFRICA and Afrikaans SUID-AFRICA.
Gold coins as an investment product
The gold Krugerrand, unlike the other well-known investment coins, does not have a nominal value printed on the coin. The nominal value of the Krugerrand is expressed in the amount of pure gold. This guarantees that the South African Reserve Bank (SARB) will buy back every Krugerrand at the current gold price.The 1/4 troy ounce gold Krugerrand coin was introduced along with the other fractional gold coins of Krugerrand in 1980 by The South African Mint, to make investing in gold more commonplace.
Featured
- Popular gold investment coin of 1/4 troy ounce
- Minted in 7.78 grams (1/4 troy ounce) pure gold
- Issued by The South African Mint since 1980
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 (Our top 100 products). 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.
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.