Weight: 1/10th oz
Fineness: 22 karat (91.67% pure gold)
Face Value: 1/10th Rand
Mint: South African Mint
Year of Issue: Varies
Description: The 1/10th Krugerrand South African Gold Coin is a highly sought-after investment option for both collectors and investors. It features the iconic design of a springbok antelope on the reverse side, while the obverse displays the effigy of Paul Kruger, a prominent figure in South African history.
The coin weighs 1/10th of an ounce and is made of 22-karat gold, with a fineness of 91.67% pure gold. It carries a face value of 1/10th Rand, which is symbolic rather than reflecting its intrinsic value.
Investing in the 1/10th Krugerrand offers several advantages. Firstly, it provides an opportunity to own a fraction of the renowned Krugerrand series, which is globally recognized and highly liquid in the precious metals market. The coin’s gold content, coupled with its historic and cultural significance, adds to its appeal.
Furthermore, the fractional size of the coin allows for more affordable entry into gold investing, making it accessible to a wider range of individuals. This makes it an attractive choice for those looking to diversify their investment portfolio or add a tangible asset to their holdings.
In addition to its investment potential, the 1/10th Krugerrand carries a legacy that spans over five decades since its introduction in 1980. It has become a symbol of South African heritage and represents the country’s rich gold mining history.
Overall, investing in the 1/10th Krugerrand South African Gold Coin provides the opportunity to own a fractional piece of a prestigious gold series, with the added benefits of liquidity, historical significance, and the potential for long-term value appreciation.