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bullion coin

Krugerrand 2018

South Africa 2018 1/4 oz Au 916

Catalogue number LR #1391
Country South Africa
Metal Au
Fineness (purity) 916
Weight 1/4 oz
Diameter 22 mm
Quality BU
Year of issue 2018
Certificate No
Capsule Yes
753,60 $ Catalog price
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Krugerrands are made of 22-karat gold, which is gold with a fineness of 916.6. However, the total weight of Krugerrands is more than 1/4 ounce, specifically 8.48 grams. As a result, each Krugerrand contains exactly 7.776 grams of pure gold (1/4 ounce of pure gold with a fineness of 999.9) and an additional 0.7 grams of copper, making the total weight 8.48 grams.
 
Krugerrand is the most well-known bullion coin in the world. Its name comes from the name "Kruger" and the word "rand" - which is the name of the currency in force in South Africa. Smashed continuously since 1967. Initially, only one ounce coins were produced, but in 1980 Krugerrandy was introduced with a weight of 1/2, 1/4 and 1/10 ounces of gold.

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