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Krugerrand 1/2oz Gold Coin 2018

https://celticgold.eu/web/image/product.template/449/image_1920?unique=1406067

610.63 €

  • Metal
  • Form
  • Country of Origin
  • Manufacturer
  • Series
  • Purity
  • Fineweight
  • Gross Weight
  • Denomination (oz)
  • Year of issue
  • Grade
  • Condition
  • Thickness
  • Diameter
  • Packing
  • Packing Unit

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Rand Refinery
Rand Refinery

The Rand Refinery is the inventor of the standard 1oz investment gold coin. With the launch of the Krugerrand in 1969 it sill produces the most known gold coin in the world today.


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Tax Info:
  • Gold Coins and Bars: VAT free acc. to $25 UStG
  • Silver Coins and Coin bars: Margin scheme taxed acc. to §25 UStG, displayed price inclusive of all taxes. No separate VAT on invoice.

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First introduced in 1967, the Krugerrand is one of the most famous and successful gold coins in the world. Produced by the South African Mint, Krugerrand gold coin consists of 22 carats with a fineness of .9167.

The ½ oz Gold Krugerrand for 2018 is the largest fractional size coin in the series. Fractional size coins give investors more affordable price points than the 1oz version.

The ½ oz size is ideal for first time gold investors or for those who are looking to add to a current gold bullion portfolio.

Weight and Size

Fractional size Krugerrands are available in ½ oz, ¼ oz, and 1/10 oz sizes. The gold alloy consists of 91.67% gold and 8.33% copper. The gold/copper alloy gives the Krugerrand added durability and scratch resistance.

Weight

Fine Weight

Diameter

Thickness

16.965g

1/2 oz

27 mm

2.2 mm

Appearance

The front of the 2018 ½ oz Gold Krugerrand depicts the portrait of Paul Kruger, who was the president of South Africa from 1882-1902. Surrounding the outer edge of the coin are the inscriptions “SUID-AFRIKA” and SOUTH AFRICA”

On the reverse side of the Krugerrand is the image of a springbok antelope, which is the national animal of South Africa. Stamped on the top outer edge is the word "KRÜGERRAND". To the left and right of the springbok antelope is the year of the coinage. Around the bottom outer edge are the words "FYNGOUD 1 OZ FINE GOLD". The initials of coin designer Coert L.Steynberg appear below the motif.

History

The Krugerrand was introduced in 1967 and was one of the first gold bullion coins that was made available to private investors. The Krugerrand enjoyed much early success as there was very little competition from other gold bullion coins at the time. By 1980, the Krugerrand dominated the global gold investment coin market with a 90% share.

Sales of the Krugerrand slowed in the early 1980’s due to economic sanctions against South Africa because of its apartheid policy. This provided an opportunity for the Canadian Gold Maple Leaf (1979) and the American Gold Eagle (1986) to introduce gold coins to the global market.

Today, the Krugerrand still enjoys global popularity and is one of the top gold bullion coins on the market. Over 50 million ounces of Gold Krugerrands have been sold since the coin was introduced in 1967. As a result, Krugerrands are easy to buy and sell around the world.

Advantages

• Design has remained consistent since the coin was first introduced

• The gold-copper alloy is durable and scratch resistant

• High quality gold coin with a storied history.

• The edge of the Krugerrand is fluted to detect any manipulation

Details

Manufacturer: South African Mint

Country of origin: South Africa

Year of minting: 2018

Carat: 22K

Fine weight: ½ 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 15.55 grams
Gross Weight 16.97 grams
Denomination (oz) 1/2 oz
Year of issue 2018
Grade Brilliant
Condition Circulated
Thickness 2.24 mm
Diameter 27.0 0mm
Packing Single in Pouch
Packing Unit 10, 20 or 25 per Tube
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