1/2 oz South African Krugerrand - 24h Shipping! – Investing in the Royal Precious Metal!
The Gold Krugerrand is the most famous bullion coin in the world. Produced by the South African Mint, the coin is made from an alloy of 916.6 fineness, which gives it exceptional resistance to scratches. The Krugerrand is also distinguished by its liquidity, allowing for immediate resale of the coin regardless of market conditions.
The coin's manufacturer - Rand Refinery - is the world's largest single-site precious metals production and processing complex. Since 1920, it has been involved in refining, smelting, and recovery. It produces products for investment, industry, and trade, as well as luxury goods.
Discover the History of the 1/2 oz Gold Krugerrand Bullion Coin
With large reserves of the precious metal, the South African Chamber of Mines proposed the creation of the world's first gold investment coin. The Krugerrand has been produced continuously since 1967. The coin's name comes from the surname "Kruger" and the word "rand," the name of the South African currency.
The Krugerrand has legal tender status in South Africa, allowing it to be imported into many countries without the need to pay tax. Initially, the coin was produced in one size, containing one ounce of gold. In 1980, versions containing half, quarter, and tenth of an ounce of pure gold were introduced.
What Does the 1/2 oz Gold Krugerrand Look Like?
The Krugerrand was designed by South African sculptor Coert Steynberg. The obverse of the coin features a portrait of the President of the Transvaal, Paul Kruger. The rim contains the words "South Africa" in Afrikaans and English.
On the reverse of the coin, we see a springbok antelope, one of the national symbols of South Africa. On both sides of it are numbers representing the year of minting. Below is the inscription "Fyngoud 1/2 oz fine gold," indicating the pure gold content. Thanks to the addition of copper, the coin is more resistant to scratches and also stands out with its unusual color.
Due to the long-standing, unwavering trend of buying this exceptional coin, the Treasury Mint offers it in its assortment.
FAQ: 1/2 oz Gold Krugerrand Coin
Check out the most frequently asked questions and answers about the 1/2 oz Gold Krugerrand coin. If you have additional doubts, we encourage you to contact us – we are happy to provide all necessary information and help you make the best investment decision!
1. What precious metal is the 1/2 oz Krugerrand coin made of?
The 1/2 oz Krugerrand coin is minted from an alloy of gold and copper in the proportion of 91.67% gold and 8.33% copper. This composition gives it its characteristic color and increased resistance to scratches, while preserving all the investment qualities of gold.
2. What is the weight and size of the 1/2 oz Krugerrand coin?
The 1/2 oz Krugerrand coin weighs 16.965 grams, of which 15.552 grams is pure gold. Its diameter is 27.07 mm, and its thickness is 2.215 mm.
3. Where can I buy the 1/2 oz Krugerrand coin?
The 1/2 oz Gold Krugerrand coin can be purchased in our Treasury Mint online store. We guarantee the authenticity of the product and safe, discreet shipping. All bullion coins in our offer come directly from official distributors.
4. Can the 1/2 oz Krugerrand coin be a good investment?
Definitely yes. The Krugerrand is one of the most popular and recognizable bullion coins in the world. Investing in the 1/2 oz Gold Krugerrand coin is a proven way to diversify your portfolio and protect capital against inflation.
5. Is the value of the 1/2 oz Krugerrand coin taxed?
The sale of gold bullion coins, including the 1/2 oz Krugerrand, is exempt from VAT. However, if a profit is made from their individual sale, it is subject to income tax at a rate of 19% (the so-called Belka tax).
6. Does the 1/2 oz Krugerrand coin have collector value?
The Krugerrand is primarily a bullion coin, serving as a popular form of gold investment. However, its recognition, prestige, and long history make it valued by collectors as well. Particularly older editions may have collector value.
7. Is the 1/2 oz Krugerrand coin a legal means of payment?
Yes, the 1/2 oz Krugerrand is an official bullion coin issued by the South African Mint, with a government guarantee of its weight and metal purity. It also has a face value, although its actual value far exceeds this nominal amount.
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