Wilson Snyder is a freelance writer. Learn more about 1/2 oz Krugerrand gold coin at Krugerrand Coins.
The 1/2 oz Krugerrand gold coin is a viable alternative to an entire ounce for gold investors on a limited budget or those who would like to mount the coin in a bezel for jewelry use. Also known as a "fractional" Krugerrand (due to being less than one whole ounce of gold), it was first introduced in 1980, 10 years after the ounce Krugerrands were first mass-produced.
It weighs in at 16.965 grams, with 11/12ths its weight in gold (15.552 grams) and 1/12th its weight coming from copper, a metal blended with the color to provide the alloy with its characteristic dark-yellow hue recognized worldwide. Aesthetics aside, this purity makes them strong enough to resist denting and scratching, making them more practical than 24 carat coins which require protective packaging.
Although, like the one ounce Krugrerrand, the 1/2 oz Krugerrand gold coin is 22 karats, its width and thickness differ. The 1/2 oz Krugerrand measures at 27.07 mm in diameter and 2.215 mm in thickness.
Krugerrands are currently produced by Rand Refinery Ltd., the world's largest gold refinery. They have recently doubled weekly production of blank gold coins due to global demand for the South African Gold Krugerrand rising to the highest level in 23 years. They are currently producing 20,000 ounces a week of blank gold coins. This drastic rise in demand is directly related to both fear in the global economic crisis and the threat of future U.S. dollar inflation.
The Rand Refinery has produced more than 46 million ounces of Krugerrand since it was first introduced in 1967. It is the first gold coin to contain exactly one ounce of gold. It was created to provide a vehicle for private gold ownership. A 1/2 oz Krugerrand gold coin can be bought and sold thousands of banks and coin dealers throughout the world. It truly holds up to its reputation of being the world's best way to own gold.
To learn more about 1/2 oz Krugerrand gold coin, I recommend you checking out Krugerrand Coin. It is a specialized Gold Krugerrand for Sale site, offering a great selection of Krugerrand Gold Coins for sale. This website makes finding your dream South African Krugerrand gold coin a million times easier. Be sure to try this website before you buy.
- Related Videos
- Related Articles
- Ask / Related Q&A
Eliminate Heavy Pendulous and Drooping Assets with Cosmetic Surgery Breast Reduction for a Flatterin
By: Kelly Behrens | 26/12/2009Cosmetic surgery breast reduction will help you improve the appearance of your extra large breasts, it will eliminate some of the flesh, reduce the size of the breasts.
Celebrity Autographed Checks
By: David Thoreau | 25/12/2009Consult with a knowledgeable check collector before you throw away your shoebox of cancelled checks stored in your attic or basement. You could be sitting on a treasure trove of great autographs.
Certificates of Authenticity for Autographs
By: David Thoreau | 25/12/2009Professionals with education and experience may be helpful in rendering opinions on autographs - especially fakes and forgeries. But the validity of a certificate of authenticity depends on these important factors.
Collecting State Quarters
By: cedison2 | 22/12/2009The commemorative quarters collection has been in production since 1999. Since that time, nearly thirty-five billion commemorative quarters have been produced.
Autograph Auctions
By: David Thoreau | 19/12/2009Autograph auctions can be a great way to buy and sell autographs. By avoiding potentially adverse situations, your autograph auction transaction is more likely to be a rewarding experience.
Brass Model Trains – Extremely Unique
By: Michael Weston | 18/12/2009Article goes through the pros and cons of collecting brass model trains.
Barry Bonds Rookie Cards - How to Buy and Collect Rookie Baseball Cards
By: Jon Larsen | 17/12/2009One of the best baseball outfielders of his generation is Barry Bonds. He was the son of Bobby Bonds. He started his career on 1986 with the Pittsburgh Pirates. Barry Bonds had a career worthy of the hall of fame well before the steroid accusations. Before the 1999 season, he had already surpassed the careers of many current people in the Hall of Fame.
Barry Bonds Rookie Cards - How to Buy and Collect Rookie Baseball Cards
By: Jon Larsen | 17/12/2009One of the best baseball outfielders of his generation is Barry Bonds. He was the son of Bobby Bonds. He started his career on 1986 with the Pittsburgh Pirates. Barry Bonds had a career worthy of the hall of fame well before the steroid accusations. Before the 1999 season, he had already surpassed the careers of many current people in the Hall of Fame.
Invest in Canadian gold coins in today's economy
By: Wilson Snyder | 04/11/2009 | InvestingAs of November 2009, the global economic downturn is in the first quarter of its second year. The present is a great time to invest in gold. And Canadian gold coins, all of which are known as the Canadian Gold Maple Leaf, are an excellent choice for direct ownership of gold regardless of the size of the investor’s budget.
Overview of Canada gold coin
By: Wilson Snyder | 04/11/2009 | CollectingThe price of Gold has increase steadily since the 2008 financial crisis. As banks started to collapse gold retained its value and rose in price when stocks dropped. Gold is an excellent hedge against recession in anyone’s portfolio. Canada gold coin is an excellent option to be added to your gold coin portfolio.
Guide to collecting Canadian gold maple leaf coins
By: Wilson Snyder | 04/11/2009 | CollectingIn uncertain economic times, Canadian gold maple leaf coins provide an outstanding investment vehicle. Unlike many financial instruments that fluctuate wildly and remain a mystery to all but a few; gold coins are tangible, practical and easily convertible into cash in all corners of the globe.
How to Buy Cheap Gold Maple Leaf Coin
By: Wilson Snyder | 04/11/2009 | InvestingGold crosses all boundaries and has long been seen as a treasure to be sought after. The discovery and ownership of gold has long been the goal of many people. For those who attain that goal they have been the envy of others. A possession of gold gives the impression of power and riches and has been known worldwide as a symbol of respect and esteem. Gold does not loose its value and can be considered an investment in your future. The gold maple leaf coin has long been considered a practical inve
What Makes Canadian Maple Leaf Gold Coin A Safe Investment For Starters
By: Wilson Snyder | 04/11/2009 | InvestingPrecious metal is widely regarded as one of the most solid investments a person can make. In fact, gold coin investing is a practical way to offset finances in an uncertain economic climate. Collecting the Canadian maple leaf gold coin is a good start towards gaining tangible assets for the future. Tangible assets are those that can be converted into cash quickly, which is essential during an economic crisis.
1/2 oz Krugerrand gold coin
By: Wilson Snyder | 04/11/2009 | CollectingThe 1/2 oz Krugerrand gold coin is a viable alternative to an entire ounce for gold investors on a limited budget or those who would like to mount the coin in a bezel for jewelry use. Also known as a "fractional" Krugerrand (due to being less than one whole ounce of gold), it was first introduced in 1980, 10 years after the ounce Krugerrands were first mass-produced.
History of South African Krugerrand
By: Wilson Snyder | 04/11/2009 | CollectingThe South African Krugerrand is a gold bullion coin. It was first minted in 1867 and it was the first coin to contain one full ounce of fine gold. Interestingly, at that time in the United States of America, private gold ownership was prohibited among citizens. However, because the South African Krugerrand was legal tender and a foreign coin, people could own them creating a vehicle by which gold bullion could be procured by common citizens who could pay for it.
Gold Double Eagle Coin and the Soaring Gold Prices
By: Wilson Snyder | 04/11/2009 | InvestingIn today’s investment market, people are seeking stable investments. With soaring gold prices, the gold double eagle coin is a wise investment. Many people have discovered gold coins to bring an element of stability to their fluctuating investment portfolios. Gold continues to be a savvy investment and well worth the purchase of coins.