Friday, June 26, 2009

Gold Krugerrands

Gold bullion coins got their start in 1967 when South Africa introduced the Krugerrands

Since then more than 46.3 million ounces (1440 tons) or 54.5 million coins of all four sizes have been sold world-wide, making it the most successful in the history of gold bullion coins.



The Krugerrand was the first bullion coin to have this kind of legal tender value. It was also the first gold coin to contain precisely one ounce of fine gold.

South African Gold Krugerrands


Coin Size
Edge Reeded
Gross
Weight
Diameter
Thickness
1/10 troy oz coin
115
0.1091 troy oz (3.393 g)
16.50 mm
1.35 mm
1/4 troy oz coin
140
0.2727 troy oz (8.483 g)
22 mm
1.83 mm
1/2 troy oz coin
150
0.5454 troy oz (16.965 g)
27 mm
2.24 mm
1 troy oz coin
180
1.0909 troy oz (33.930 g)
32.70 mm
2.87 mm
Each of the four sizes contains 91.67% gold (22 karat)

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