1/2 Ounce Krugerrand Gold Coin

Description

The gold Krugerrand was initially released in 1967 by the Rand Refinery in South Africa, and has come to be one of the most renowned gold coins available to retail gold investors in the precious metals market.

The 1/2 Ounce Krugerrand contains 1/2 troy ounce gold. The coin has a slightly reddish tone due to the fact that it is mixed with a small amount of copper in order to make it more durable, because gold is so soft. The Krugerrand contains 999 fine investment grade gold bullion.

Each Krugerrand gold coin features the image of Paul Kruger on the front, with a Springbok Antelope on the reverse. 

The South African gold Krugrerrand is available in gold in 1 Ounce, 1/2 Ounce, 1/4 Ounce and 1/10 Ounce sizes. In 2016, due to high demand, the Rand Refinerly introduced the Krugerrand coin in silver also. This is currently only available in 1 Oz size. 

The Rand Refinery also produce the Loxodonta Elephant gold bar series, which is available in 1 Ounce size.

Buy the 1/2 Oz gold Krugerrand Coins

The South African Mint produces the ½ oz Gold Krugerrand Coins. Each contains 15.55 grams of fine gold which translates to 22ct gold. The coins are in brilliant uncirculated condition. The Krugerrand gold coins series is one of the most preferred gold coins around the world.

The Features of the 1/2 Oz Gold Krugerrand Coins

• The coins contain 15.55 grams (22-karats) of .9167 fine gold.
• The coins come in protective tubes carrying 15 coins each.
• The front of the coins is inscribed wit the image of Paul Kruger, a great South African leader and liberator.
• The back of the coin is engraved with the image of a springbok antelope commonly found in the South African Savanna.
• The South African government guarantees the ½ oz gold Krugerrand coins.
• The coins are mixed year coins meaning the available coins were minted in different years.

When the Krugerrand gold coins were being minted, other mints in the world were also producing gold. The South African government produce the Krugerrand gold coins as away of exporting its gold and claiming a share in the global gold market.

The gold coins pioneered in 1967, and grew to account for more than 90% of the gold coins found in the world. The Krugerrand gold coin series was the only premium gold coin up to 1979 when the Royal Canadian Mint produced the Canadian Gold Maple Leaf.

The Krugerrand gold coin series was overtaken as the most popular gold bullion among investors because of politics and not quality issues. The apartheid system made many western governments to shun the South African bullion in the 1970s and 1980s. Even during the ban, investors in the U.S bought 22 million pieces of the coin, which is an indication that to this day, the Krugerrand gold coin series in an excellent investment.

The Krugerrand is very popular among gold investors due to its low premium and high quality. This item is available for VAT-free Swiss storage or delivery.