Merit Financial South African Krugerrand
South African Krugerrand Gold Bullion Coin (1 oz)
Posted on: November 17, 2011
The grand daddy of modern gold coins, the Krugerrand has been around since 1967. Like the American Gold Eagle, these coins are minted from 22 karat gold, but contain 1 full ounce of pure gold (each coin weighs 1.0909 ounces). Krugerrands are an economical way to start buying one ounce coins, as they typically have the lowest premium over the spot price of gold of all sovereign-issued gold bullion coins.
Details
Gold Content: 1.0003 oz.
Gross Weight: 33.930g
Composition: 91.667% gold, 8.333% copper
Coin Diameter: 32.70mm
Mint Dates: 1967 – present




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