If you want to invest in gold to protect your assets against the current financial turmoil and deflation, gold coins with small premiums such as Krugerrand will definitely be your No.1 choice. As a matter of fact, the gold Krugerrand coins, especially the 1 oz Krugerrand, have been one of the most popular items among Gold Investors and collectors ever since they were first minted in 1967.
The Krugerrand gold coins were created at low premium over the gold content. The 1 oz Krugerrand coin would be valued around 4% to 10% over its gold values.The fractional sizes were issued with higher premiums. It usually costs 10% to 15% premium for the 1/2 and 1/4 oz Krugerrand coin, and from 20% to 50% premium for the 1/10 oz coin. That's the main reason why the 1oz Krugerrand is more popular than the fractional Krugerrand coins.
1oz Krugerrand gold coin costs less per ounce and thus give you more gold for your money than the standard American Eagle gold coin series. It is easy to ship and store, and already well recognized in the industry, so buying and selling Krugerrands are made very easy.
1oz Krugerrand gold coin specifications:
Weight: 33.9305 gram
Fineness:0.917
Gold Content: 31.104 gram (1 troy oz)
Diameter: 32.61 mm to 32.77 mm
Thickness: 2.74 mm to 2.84 mm
Buy 1 oz Krugerrand gold coins today!
