Gold Krugerrand 1/2 Ounce
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Gold Krugerrand 1/2 Ounce History
The 1/2oz gold Krugerrand coins are an increasingly popular coin among investors as gold continues to rise in price. A half ounce Krugerrand is exactly half the size of the full coin, ensuring the same classic design, but with a lower cost due to having less gold. As with all coins in this range, the 1/2oz Krugerrand is struck in 22 carat gold per tradition.
Gold Krugerrand 1/2 Ounce Price
An important factor affecting the price of a gold Krugerrand 1/2 ounce coin is the value of the gold it contains. The weight of a 1/2oz gold Krugerrand coin is 16.96g with a fineness of 916.7. This means that a 1/2oz gold Krugerrand coin has a pure gold content of 15.55g. The price of a gold Krugerrand 1/2 ounce coin is directly linked to the global price of gold.
Gold Krugerrand 1/2 Ounce prices can vary thanks to the coin's history and numismatic appeal, with certain years or designs being particularly desirable with collectors. The price of a new 1/2oz gold Krugerrand coin will be based on today's gold price, with a small premium to cover the cost of manufacture and supply. Older or rare gold Krugerrand 1/2 ounce coins can cost considerably more than the gold price.
Our website is constantly updated to display the price of gold Krugerrand 1/2 ounce coins in real time. These gold Krugerrand 1/2 ounce coins have a diameter of 27.07mm and are a great investment or collector's item.
Gold Krugerrand 1/2 Ounce Value
Investors often ask what is the value of a gold Krugerrand 1/2 ounce? Gold Krugerrand 1/2 Ounce coins have a face value of 1/2 Rand. It is important to note that the face value has no bearing on the actual value of the coin. As mentioned, the gold Krugerrand 1/2 ounce coins main value can usually be worked out based on the current gold price. It is this simplicity that makes gold bullion coins appealing. They are bought and sold based on their intrinsic metal value without having to worry about any numismatic value and more complicated selling process.
You can always find an intrinsic value for a 1/2oz gold Krugerrand thanks to the public spot price. The value of a gold Krugerrand 1/2 ounce is therefore generally the same regardless of the year and is just based on the metal content. Some years of 1/2oz gold Krugerrand coins might command a further premium. A lower mintage, or special design could see their value increase beyond their metal content.
The easiest way to work out a Gold Krugerrand 1/2 Ounce value is to use its gold weight of 15.55g and multiply that by the current gold spot price in grams.How Much are Gold Krugerrand 1/2 Ounce Coins Worth?
If you are wondering how much are gold Krugerrand 1/2 ounce coins worth, a simple rule of thumb is that a gold Krugerrand 1/2 ounce has 15.55g of pure gold. If you see the gold price in grams/ounces you can therefore work out how much a gold Krugerrand 1/2 ounce is worth quite quickly.