Krugerrand 1/4oz Gold Coin 2018
Rand Refinery
The Rand Refinery was the inventor of the standard 1oz investment gold coin. With the launch of the Krugerrand in 1967 it still produces the most well-known gold coin in the world today.
The new ¼ oz Krugerrand Gold coin for 2018 is now here!! The Krugerrand is one of the best selling gold bullion coins in the world. Since it was first introduced in 1967 over 50 million ounces of Gold Krugerrands have been sold.
Fractional sized gold coins like the ¼ oz Krugerrand are ideal for those investors who are looking for alternatives to the 1oz version. Smaller coin sizes give investors more price points to consider.
Weight, Size and Fineness
The fractional Krugerrands are available in 1/2oz, 1/4oz and 1/10oz. The 2018 Krugerrand is made of 91.67% gold and 8.33% copper. The alloy is modeled after the famous English Gold Sovereign and gives the coin added durability.
Weight: ¼ oz
Diameter: 22mm
Thickness: 1.89mm
Fineness: .9167 (22 karat)
Design
Designed by Otto Schultz, the front of the Krugerrand bears the portrait of statesman Paul Kruger, who was a four term president of the South African Republic. Surrounding the outer edge are the inscriptions “SUID-AFRIKA” and “SOUTH AFRICA”
The reverse depicts the springbok antelope, which is one of the national symbols of South Africa. The motif was designed by Coert Steynberg. Stamped along the bottom are the words “Fyngoud 1oz Fine Gold”. To the left and right of the springbok is the year of mintage.
History
The name of the Krugerrand comes from the combination of “Kruger”, the former president of South Africa and “Rand”, the name of the South African currency. The coin was first introduced in 1967 and by 1980 became the best selling gold investment coin in the world. To this day the Krugerrand enjoys global popularity.
Product Details
Manufacturer: South African Mint
Country of origin: South Africa
Year of minting: 2018
Carat: 22K
Fine weight: 1/4oz
Fineness: .9167
Scratch resistance: Good
Metal | Gold |
Form | Gold Coin |
Country of Origin | South-Africa |
Manufacturer | Rand Refinery |
Series | Krugerrand |
Purity | 917/1000 |
Fineweight | 7.78 gram |
Gross Weight | 8.48 gram |
Denomination (oz) | 1/4 oz |
Year of issue | 2019 |
Grade | Brilliant |
Condition | Circulated |
Thickness | 1.52 mm |
Diameter | 22.00 mm |
Packaging | Single in Pouch |
Packaging Unit | 10, 20 or 25 per Tube |