Sell your gold and silver face to face or via our fast postal service. We pay substantially more than companies who sent out 'free' envelopes. You can visit our precious metals trade counter here:
29 High Street, Royal Wootton Bassett, SN4 7AA
Our secure counter service is open from 10am - 4:30pm, Monday to Friday. The transaction process is easy and contact free.
Please ensure you bring with you photo ID (driving licence or passport) and one proof of address dated within the last three months (recent utility bill, bank statement or council tax bill).
South African Half Krugerrands
The half Krugerrand was first minted in 1980. Krugerrands are probably the most familiar gold bullion coin, recognised throughout the world.
| |
Weight |
Fineness |
Gold Content |
Value |
| Half Kruger |
16.965 |
.9167 |
15.552 |
£902.49 |
First minted in 1967, the South African Kruger marked a change in the economic structure of South Africa and the Common Monetary Zone. In a country that had suffered from failing food production, the discovery of rich gold resources in South Africa led to the creation of coins to be used as a method for private individuals to purchase and own gold. Commonly known as the Krugerrand, the Kruger is one of the few coins in the world that is traded based on it's gold content rather than a specific face value.
While the term Kruger refers only to the one ounce Kruger coin for purists, it is a common misnomer to refer to the smaller denominations as Krugers as well. These smaller denominations are the half ounce, quarter ounce and tenth ounce gold Krugerrand coins.
Never intended for beauty of design, the Kruger coins were meant to be vehicles for gold ownership so the designs of all South African Kruger coins are usually very simple and often repetitive through different coins. The half Krugerrand coin bears a portrait of President Kruger on the obverse side of the coin and the South African springbok design on the reverse. The reverse side of the coin is also marked with a face value of 5 rands. In addition to the lack of creative design, the Half Krugerrand coins were often stamped in such a way that it created variations in the actual size of the coins, though these minor variations did not have a great effect on the coins value.
