1/10 Oz Krugerrand, 22K Gold

£223.00


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Description

Buy Gold Krugerrand Coins at Low Premiums

The gold South African Krugerrand was first conceptualized in 1967 as a legal tender bullion coin marked only with its weight in gold. The coin was created as a means for the private ownership of South African gold bullion by the general public. The one-tenth ounce Krugrerrand was first minted at the South African Mint in 1980. (1/10 Krugerrand)

COMPOSITION AND DESIGN

The Krugerrand gold coin are designed to be durable and are therefore .9170, or 91.7% gold, with the remainder being copper. This South African coin also appears closer to an orange shade than coins alloyed with silver. Each one-ounce coin weighs 33.93 grams (consisting of 31.1 grams pure gold and 2.83 grams copper). The South African Krugerrand coin value is determined by its gold content plus a premium that is dictated by market conditions.

The South African gold coin gets its’ name from a combination of the first Boer president of the South African Republic, Paul Kruger, and the name of the South African currency, the rand.

Paul Kruger (obverse) – The coin features Paul Kruger, the former President of the old Republic of South Africa from 1883-1900, on the obverse of the coin. (1/10 krugerrand)

African antelope-gazelle (reverse) – The springbok, a famous national symbol of the South African Republic, is on the reverse. The words “South Africa” and “fine gold” are displayed in both English and Afrikaans. (

The gold Krugerrand is one of the most widely gold coin to buy to date, with sales of over 50 million ounces since inception.

Investors looking to buy or sell the Krugerrand Gold coin online or over the phone should call Money Metals Exchange directly at 1-800-800-1865 to inquire about Krugerrand Gold coins value and availability and/or to place an order. You can also check out other popular gold bullion coins, like the popular American Eagle. The American Eagle comes in various sizes, the 1 oz gold Eagle being the most popular, so you will be able to find the right one to add to your stack.

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