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1/2 oz South African Krugerrand
In StockIf you are seeking a durable and well-known investment gold coin with unparalleled liquidity and which is ... read more
We sell
We buy
Spread
7 635,34 DKK
Introduction
If you are seeking a durable and well-known investment gold coin with unparalleled liquidity and which is available at a low premium over the prevailing spot price of gold, then the South African Krugerrand could be the investment you are looking for. Launched by the South African Mint in 1967, the Krugerrand rose to fame as the first coin to contain one ounce of gold. To this date, investors have bought some 48 million ounces of fine gold contained in over 60 million coins, establishing the Krugerrand as the most popular and actively traded gold coin in the 21st century. By taking possession of a Krugerrand gold coin, you gain an implicit guarantee of it being international accepted by bullion dealers, financial institutions and investors alike.
Why Buy
Buying gold items means low risks and maintaining wealth
Gold's value has grown over the years making it good to maintain or grow wealth.
- Product value (1pc)7 635,34 DKK
- Buyback price6 763,80 DKK
- Your risk now871,54 DKK
Fact: gold price in DKK has risen 84.16% in the last 8 years. The lowest price was 7 172,61 DKK/oz and the highest 14 927,00 DKK/oz. Current world market price is 13 884,70 DKK/oz
South Africa was the largest gold mining nation during the mid 20th century, contributing almost 50% to the annual global mine supply. To more easily sell this abundant supply of gold, the South African gold mining industry came up with the idea to develop a circulating gold bullion coin that would exclusively contain gold from the South African mines. The idea was approved by the South African Central Bank which authorized the creation of the legal tender Krugerrand gold coin. The Krugerrand gold coin was struck for the first time in the early 1970s by the South African Mint and would prove to be the most successful gold bullion coin ever to be issued by the Republic of South Africa.
Product weight in grams
16.9653
Gold weight in grams
15.55209
Fineness
916.7
Gold weight in troy ounces
0.5
Diameter
27
Thickness
-
Face value description
0.5 oz of gold
Manufacturer
The South African Mint, South Africa
Obverse
The obverse portrays the former President of the South African Republic, Paul Kruger. His picture is surrounded by the text “Sud – Afrika” and “South Africa”, the name of the country in its two native languages, Afrikaans and English.
Reverse
The reverse features a galloping springbok on grass. Above the springbok is the text “KRUGERRAND”. Under the animal is the inscribed text “FYNGOUD”, which translates as “fine gold”, and the weight of the coin. The centre of the coin contains the year of mintage with the first two figures of the year visible on the left of the springbok, and the last two figures on the right.
Secure and fast delivery by UPS Denmark
Your order delivered by UPS is fully insured. After we have received your payment, the products will be dispatched within 24 hours. Delivery time is between 1 and 3 working days. You will receive a notification by SMS or mail when your package has arrived. If you wish, you can also personally pick up your order at one of our offices in Copenhagen the same day we notify you that we have received the payment. In cases where we are unable to send your order right away, we will always inform you about the time delay.
Insurance
The package is fully insured and in the extremely unlikely event that the package is lost or damaged, we will re-ship the items or refund your money. The package is insured during delivery until the recipient signs for it.
Tracking
Once the products have been packaged and sent, you will receive instructions and a code to track the shipment.
Secure international delivery
If you wish to have your products delivered to another country, please contact us on +45 3311 1510 or by email at tavex@tavex.dk for prices and terms.
Expected shipping cost
Tavex offers easy and secure shipping for all online orders. Take a look at the expenses.
Vast Stock Availability
The majority of Tavex’s products are always in stock and therefore Tavex can offer you quick delivery and same day pick-up with market leading prices. Tavex is an official partner of all the biggest mints in the world, such as the Perth Mint Australia, the Austrian Mint (Münze Österreich), China Great Wall Coins Investments Ltd., the gold bar market leader PAMP Suisse and Valcambi and other gold factories and dealers.
Same day pick-up
Feel free to visit our office during opening hours to have a free consultation or learn more about a specific product. If you purchase, online you can pick up the products on the same day we receive the payment.
Low prices
Over 25 years on the market and large volumes have enabled us to offer you the best prices on the market. With Tavex, you can maximise return on your investment because of low margins and spreads.
