Gold Krugerrand 1/10 Ounce

Gold Krugerrand 1/10 Ounce Price

Gold Krugerrand 1/10 ounce prices are derived from the value of the gold each coin contains. Each gold Krugerrand 1/10 ounce coin weighs 3.39 grams, and is struck to a purity of 22 carat, meaning they contain 3.11 grams of pure gold.

Gold Krugerrand 1/10 ounce prices can vary thanks to the coin's history and numismatic appeal, with certain years or designs being particularly desirable with collectors. The price of a new gold Krugerrand 1/10 ounce coin will typically be based on today's gold price, with a small premium to cover the cost of manufacturing and supply of the coin. Older or rare gold Krugerrand 1/10 ounce coins can cost considerably more than the UK gold price. With the global price of gold being primarily calculated in dollars, periods in which the pound is weak versus the dollar will see UK gold Krugerrand 1/10 ounce prices rise, while a strong pound would see lower prices in the UK.

Our gold Krugerrand 1/10 ounce prices are displayed in real-time, updating every two minutes in-line with the current gold spot price. Investment gold is VAT-free, and the gold Krugerrand 1/10 ounce price shown includes fully insured delivery.

Gold Krugerrand 1/10 Ounce Coin Specification

The gold Krugerrand 1/10 ounce coin is a South African gold coin manufactured by the Rand Refinery. South African gold Krugerrand 1/10 ounce coins weigh 3.39g with a diameter of 16.55mm. Gold Krugerrand 1/10 ounce coins are manufactured from 22 carat gold.

Gold Krugerrand 1/10 Ounce Value

Investors often ask what is the value of a gold Krugerrand 1/10 ounce? South African gold Krugerrand 1/10 ounce coins have a face value of a tenth of a Rand. It is important to note that the face value is a nominal amount that has no bearing on the actual value of the coin. As mentioned, the gold Krugerrand 1/10 ounce coins main value can usually be worked out based on the current gold price. It is this simplicity that makes gold bullion coins appealing. They are bought and sold based on their intrinsic metal value without having to worry about any numismatic value and more complicated selling process.

You can always find a simple benchmark value for a gold Krugerrand 1/10 ounce thanks to the publicly available spot price. The value of a gold Krugerrand 1/10 ounce is therefore generally the same regardless of the year and is just based on the metal content. Some years of gold Krugerrand 1/10 ounce might command a further premium. A lower mintage, or special design could see their value increase beyond their metal content.

The easiest way to work out a Gold Krugerrand 1/10 ounce value is to use its gold weight of 3.11 grams and multiply that by the current gold spot price in grams. As a coin with a purity of 916.7 fineness, it's important to calculate the 22 carat gold Krugerrand 1/10 ounce value, to ensure you have an accurate price.

How Much are Gold Krugerrand 1/10 Ounce Coins Worth?

If you are wondering how much are gold Krugerrand 1/10 ounce coins worth, a simple rule of thumb is that a gold Krugerrand 1/10 ounce has 3.11g of pure gold, or 1/10 of a troy ounce. If you see the gold price in troy ounces you can therefore work out how much a gold Krugerrand 1/10 ounce is worth quite quickly.