Krugerrand 1/2oz Gold Coin different years
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.
Krugerrand gold coins are amongst the most famous and most sold gold investment coins in the world. Because the Krugerrand is recognised globally trade with banks and bullion companies is easy. The 1/2oz Krugerrand was first introduced to the global gold investor community in 1980. The 22 carat copper-gold alloy makes the Krugerrand 1/2oz more durable and scratch resistant. Foremost Krugerrands should be seen as an investment without counterparty risk. The value of a Krugerrand can’t be eroded to zero as gold with always hold if not rise in value.
Alloy
Krugerrands are made with a content of 91.66% gold and 8.34% copper. 22 carat coins show more resistance to scratches than compared to 24 carat gold coins which contain 99.99% of gold. Although the Krugerrand is 916.6/1000 pure the gold content of the 1/2oz Krugerrand is exactly 15.55 grams which equals ½ (Troy-) Ounce of gold. Therefore the gross weight must be higher with 16.965 grams. For example the Maple Leaf 1/2oz gold coin has a fine weight of 15.55 grams and fineness of 999.9/1000. The Maple Leaf 1/2oz gold gross weight is also 15.55 grams.
1/2oz Krugerrand Pros
- The Krugerrand is robust and scratch resistant
- Globally accepted by Banks and bullion companies
- Tradeable easily and anytime
- Fast cash convertibility of Krugerrand 1/2oz gold coins
Krugerrand 1/2oz Details
- Mint: Rand Refinery
- Country of Origin: Südafrika
- Diameter: 27.00 mm
- Thickness: 2.24 mm
- Gross weight: 16.965 g
- Carat: 22 K
- Alloy: Red-gold
- Fineness: 916,66/1000
- Gold content: 91,66 %
- Copper content: 8,34 %
- Scratch resistance: good
- Brinell Hardness: approx. 57HB
- Melting Point: ca. 957°C
- First issue: 1980
| Metal | Gold |
| Form | Gold Coin |
| Country of Origin | South-Africa |
| Manufacturer | Rand Refinery |
| Series | Krugerrand |
| Purity | 917/1000 |
| Fineweight | 15.55 gram |
| Gross Weight | 16.97 gram |
| Denomination (oz) | 1/2 oz |
| Grade | Brilliant |
| Condition | Circulated |
| Thickness | 2.24 mm |
| Diameter | 27.00 mm |
| Packaging | Single in Pouch |
| Packaging Unit | 10, 20 or 25 per Tube |