Krugerrand 1/10oz Gold Coin 2018
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Rand Refinery
Rand Refinery (Pty) Ltd, located in Germiston, South Africa, was founded in 1920 by the Chamber of Mines. It is the world’s largest integrated single-site precious metals refinery and smelter. The refinery processes raw gold to a minimum purity of 99.5%, used for bars or as material for Krugerrand coins. It plays a central role in the global gold market. Rand Refinery is one of only five LBMA Good Delivery Referees, guaranteeing top standards in quality, purity, and sourcing.
GPSR: Rand Refinery Limited
P.O. Box 565
1400 Germiston, South Africa
gold@gold.co.za
+27 (011) 418-9000
The 1/10 oz Krugerrand for 2018 has arrived! Krugerrand gold coins are some of the most popular and widely traded gold coins in the world. First introduced in 1967, the Krugerrand was one of the first gold coins available for the investor. The 1/10 oz size is the smallest coin in the series.
Weight, Size and Purity
The Krugerrand is available in 1oz, ½ oz, ¼ oz and 1/10 oz. The alloy consists of 91.67% gold and 8.33% copper. The 1/10 oz size has a fine gold weight of 0.1 troy ounce.
Weight: 1/10 oz
Diameter: 16.5mm
Thickness: 1.35mm
Purity: .9167
Design
Produced by the South African Mint, the front of the 1/10 oz Krugerrand depicts the portrait of Paul Kruger, the former president of South Africa. The reverse shows the image of the Springbok Antelope, which is the national animal of South Africa.
Benefits of Fractional Coins
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Are ideal for first time gold investors or for those who are looking to add to a current gold bullion portfolio.
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Have lower price points than the 1oz coin
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Smaller coins are easy to store and transport.
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Fractional sized coins can be used for barter and trade.
It should be noted that fractional sized coins often carry a higher premium than 1oz coins, because they are more expensive to mint.
Product Details
Manufacturer: South African Mint
Country of origin: South Africa
Year of minting: 2018
Carat: 22K
Fine weight: 1/10 oz
Fineness: .9167
Scratch resistance: Good
Metal | Gold |
Form | Gold Coin |
Country of Origin | South-Africa |
Manufacturer | Rand Refinery |
Series | Krugerrand |
Purity | 917/1000 |
Fineweight | 3.11 gram |
Gross Weight | 3.39 gram |
Denomination (oz) | 1/10 oz |
Year of issue | 2018 |
Grade | Brilliant |
Condition | Circulated |
Thickness | 1.19 mm |
Diameter | 16.50 mm |
Packaging | Single in Pouch |
Packaging Unit | 10, 20 or 25 per Tube |