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What is the Krugerrand?
Krugerrands defined
Krugerrands are ounce-denominated gold bullion coins that have been designed for investors around the world who wish to invest in gold.
Krugerrands are the world's most widely held bullion coins. There are around 46 million coins in circulation and this means that they are circulated more than any other coins combined.
What sizes are available?
Krugerrands are available in four sizes of pure gold (all of which you can buy from FNB Share Investing)
- 1 oz
- 1/2 oz
- 1/4 oz
- 1/10 oz
How pure are Krugerrands?
- Krugerrands are alloyed with a small amount of copper, which make them 22 carat coins
- They contain 11/12 24 carat gold and 1/12 copper
- Copper is a traditional alloy of gold coins that are used as currency as it hardens the coins and makes them more durable and sturdy
- This means you never have to worry about the way in which you store them
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