Krugerrand 1/4oz Gold Coin 2017

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Krugerrand 1/4oz Gold Coin 2017 - Motif

Weight: 7.78 g
Purity: 917/1000
Country of origin: South Africa
Mint: Rand Refinery
Packing: Single in Pouch; 20 in Tube
Grading: Mint State; Uncirculated
Tax: Taxfree acc. to §25c UStG
Excl. Tax: € 326.77 Incl. Tax: € 326.77
Quantity Net Per Unit VAT Per Unit Gross Per Unit Premium  
1+ € 326.77 € 0.00 € 326.77 15.12%
Product Description

The ¼ oz fractional Gold Krugerrand 2017 is now in stock! The coin is 91.66% pure gold and comes in brilliant uncirculated condition. Produced by the South African Mint, Krugerrand gold coins are one of the most popular investment coins in the world.

The ¼ oz fractional gold Krugerrand was first introduced in 1980. The Krugerrand fractional series is ideal for first time gold buyer or those investors who are looking to add to an existing gold coin portfolio.

Weight, Size, and Dimensions

The 2017 Gold Krugerrand is available in 1 oz, ½ oz, ¼ oz and 1/10 oz sizes. The coin has a gold copper alloy that consists of 8.34% copper and 91.66% gold. This alloy gives the coin durability and reduces wear and tear over time.

Other famous investment gold coins that have a gold copper alloy include the American Eagle and British Sovereign.

The key specifications of the ¼ oz gold Krugerrand 2017 are listed below.

Gross Weight: 8.48 g
Fine Weight: 7.78 g
Diameter: 22 mm
Thickness: 1.89 mm
Purity: 22 karat

History

The 1 oz Krugerrand was introduced in 1967 and was the first real gold bullion product for the retail investor. The coin was an instant success and by 1980 the Krugerrand had a 90% market share in global gold coin sales.

In the 1980’s sales of Krugerrands began to decrease. Economic sanctions due to South Africa’s policy on apartheid made the Krugerrand illegal to import in many western countries.

The success of the Krugerrand opened the door for other investment coins to enter the market. These included:

  • The Canadian Maple Leaf in 1979

  • The Australian Nugget in 1986

  • The Chinese Gold Panda in 1982

  • The American Gold Eagle in 1986

  • The British Britannia in 1987

It is estimated that 50 million ounces of gold Krugerrands have been sold since the coin was first introduced in 1967.

Details

Manufacturer: Rand Refinery
Country of origin: South Africa
Year of Issue: 2017
Karat: 22 K
Fineness: 916.66 / 1000
Size: ¼ oz
Alloy: Gold/copper
Scratch resistance: good