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.

1/2 oz Krugerrand Gold Coin specifications:
Weight: 16.9653 gram
Fineness:0.917
Gold Content: 15.552 gram (0.50 troy oz)
Diameter: 26.93 mm to 27.07 mm
Thickness: 2.115 mm to 2.215 mm

1980 1-2 oz South Africa Gold Krugerrand -Circulated- 1980 1-2 oz South Africa Gold Krugerrand -Circulated- 3 Bids US $597.08 23h 11m
Krugerrand Gold Coin Set in Solid Gold Ring - Must See Krugerrand Gold Coin Set in Solid Gold Ring - Must See US $599.99 1d 17h 13m
1982 1-2 OZ Krugerrand South Africa Gold UNC Coin 1982 1-2 OZ Krugerrand South Africa Gold UNC Coin 4 Bids US $610.00 1d 18h 22m
2- 25 Oz 999 Silver Bars Old Pour RARE 50 Ounces Total 2- 25 Oz 999 Silver Bars Old Pour RARE 50 Ounces Total US $1,100.00 1d 19h 40m
12 COIN SET OF MINI KRUGERRANDAMEAGLEBUFFALO NICKEL 12 COIN SET OF MINI KRUGERRANDAMEAGLEBUFFALO NICKEL 1 Bid US $6.75 1d 19h 55m
Gold Coin Validation Device American Eagle Krugerrand Gold Coin Validation Device American Eagle Krugerrand 0 Bid US $24.99 3d 33m
1-2 OZ FINE GOLD KRUGERRAND COIN 1980 BULLION 1-2 OZ FINE GOLD KRUGERRAND COIN 1980 BULLION 1 Bid US $600.00 3d 38m
5 - 1oz 1974-1978 WTC Krugerrand PCGS 999 Gold Coin 5 - 1oz 1974-1978 WTC Krugerrand PCGS 999 Gold Coin US $7,695.00 5d 1h 55m
1980 1-2oz Krugerrand South African Gold Coin in bezel 1980 1-2oz Krugerrand South African Gold Coin in bezel 0 Bid US $650.00 5d 13h 5m
COPY - Gold Coins Gold Bars in Display Case - COPY COPY - Gold Coins Gold Bars in Display Case - COPY 0 Bid US $.99 6d 5h 21m
1-2 Oz Krugerrand Pure Gold 1980 1-2 Oz Krugerrand Pure Gold 1980 1 Bid US $1.00 6d 17h 53m
2000 1-2 Gold Krugerrand Gem Unc WTC 911 Recovery PCGS 2000 1-2 Gold Krugerrand Gem Unc WTC 911 Recovery PCGS US $795.00 7d 9h 36m
View Page:   1  2

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.