Krugerrand Price

2021年4月6日
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South African Krugerrand
*Krugerrand Price Today
*Krugerrand Prices
The price of a Krugerrand is directly linked to the ruling international spot gold price, Krugerrands are simple to buy and sell as you know exactly what price you should pay or get paid. You can verify the. Mar 09, 2009 Bullion coins, such as the kruger, allow investors of all budgets to buy gold. When the fractal krugerrands (1/2 oz, 1/4 oz, 1/10 oz) were introduced in 1980, they continued with marking the weight on the coin rather than the value. So the majority of a Krugerrand’s value comes from the gold bullion content. Gold Price Group 10440 N. Central Expressway Suite 800 Dallas, TX 75231.South African Krugerrand - Gold Coins - Gold Price
The South African Krugerrand is the official gold bullion coin of South Africa, which is the first gold bullion coin in the world minted for investment. The Krugerrand coins were marketed so successfully that they possessed an 89% market share of the entire gold bullion coin industry in the early 1980s. Nowadays, the Krugerrand is a popular coin among the investors and collectors.
Each South African Krugerrand’s price is the gold spot price of current market plus a premium per coin. Size Specification Provided in 1 oz, 1/2 oz, 1/4 oz and 1/10 oz denominations, those coins are 22 karat including 91.67% gold and 8.33% Copper which gives the Krugerrand a more orange appearance than silver-alloyed gold coins.South African Krugerrand
Country :South Africa
Coin name :South African Krugerrand
Composition :91.67% Au, 8.33% Cu.
Gold fineness :22K
Years of minting : 1967–present
Face Value :None
Size Specification : 100 free spins casino offers. 1 oz, 1/2 oz, 1/4 oz, 1/10 oz.
Diameter :32.77 mm, 27.07 mm, 20.06 mm, 16.55 mm.
Edge :ReededDescriptionHistory of South African Krugerrand
The South African Krugerrand was first introduced in 1967 minted by the South African Mint to offer private individuals an opportunity to own gold. During the 1970s with the great bull market in gold, the Krugerrand became the first selection for investors in the world. Between 1974 and 1985, an estimated 22 million gold Krugerrand coins were imported into the U.S. alone. During the 1970s and 1980s, the Krugerrand was suffered from the economic sanctions to prohibit South Africa from selling Krugerrand in the United States, however, that didn’t affect the trading Krugerrand that were already in the U.S. The sanction was ended in 1994. In 1980, the South Africa introduced three smaller coins (1/2 oz, 1/4 oz, and 1/10 oz). By 2008, the Krugerrand coins have been sold with 46 million ounces of gold.Design of South African Krugerrand
The obverse of the South Africa Krugerrand is the face of Boer statesman Paul Kruger, four-term president of the old South African Republic. The name of gold coin is a compound of ’Kruger’ (the man depicted on the obverse) and ’rand’, the South African unit of currency. The reverse of Krugerrand is a springbok in the filed, one of the national symbols of the South Africa, which is designed by Coert Steynberg. This design was previously featured on the South African five shilling coin. The country name of ’South Africa’ and the gold content are inscribed in both Afrikaans and English on the gold coin.Face Value & Market Value
The Krugerrand is struck with no face value because it is primarily minted for trading outside South Africa. The market value of Krugerrand is changed based on the price of the world gold market. Each South African Krugerrand’s price is the gold spot price of current market plus a premium per coin.Krugerrand Price TodaySize Specification
Provided in 1 oz, 1/2 oz, 1/4 oz and 1/10 oz denominations, those coins are 22 karat including 91.67% gold and 8.33% Copper which gives the Krugerrand a more orange appearance than silver-alloyed gold coins. The gold Krugerrand coins are harder and more durable, so they can resist scratches and dents. Below lists detailed information of four sizes specification:ROUNDFACE VALUEDIAMETERTHICKNESSGOLD CONTENTTOTAL WEIGHTGOLD FINENESS1/10 ozNone16.55mm1.350mm0.1000 oz0.1091 oz916.71/4 ozNone20.06mm1.888mm0.2500 oz0.2727 oz916.71/2 ozNone27.07mm2.215 mm0.5000 oz0.5454 oz916.71 ozNone32.77mm2.840mm1.0000 oz1.0909 oz916.7Krugerrand PricesAdvantageAdvantage of South African Krugerrand:
1. The South African Krugerrand is the first gold bullion coin in the world minted for investment.
2. The South African Krugerrand is with extremely high liquidity, it is convenient to buy and sell anywhere in the world where the precious metal are traded.
3. The South African Krugerrand is small and exquisite, so that easy to store, or transport.
4. The South African Krugerrand has a high level of recognition in Asia and Europe.
5. The South African Krugerrand is minted in 22 karat gold alloyed with 8.33% copper to make it stand up to the rigors of daily use.
6. The South African Krugerrand owns the classical design which is popular for collectors. Related Gold Coins
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