South African Krugerrand 1/2 oz
Live Melt Value
$2,178.35
Gold content: 0.5000 oz (15.55g)
9 minutes ago
Specifications
Melt value by currency
Melt value by quantity
Compare with similar coins
| Coin | Gold content | Purity | Melt value |
|---|---|---|---|
| South African Krugerrand 1/2 oz | 0.5000 oz | 91.7% | $2,178.35 |
| South African Krugerrand 1/4 oz | 0.2500 oz | 91.7% | $1,089.18 |
| South African Krugerrand 1/10 oz | 0.1000 oz | 91.7% | $435.67 |
| Nigerian Gold Bar 1g | 0.0321 oz | 99.9% | $139.85 |
| South African Krugerrand 1 oz | 1.0000 oz | 91.7% | $4,356.70 |
About the South African Krugerrand 1/2 oz
The South African Krugerrand 1/2 oz is a 91.7% pure gold coin (22K) produced by South African Mint in South Africa since 1980-present. It contains 15.55g (0.5000 troy oz) of pure gold with a total weight of 16.966g. At today's spot price of $4,356.70/oz, the melt value is $2,178.35.
As a modern bullion coin, the South African Krugerrand 1/2 oz is designed for gold investment and wealth preservation. It typically trades at a small premium (3-8%) above its melt value. The Krugerrand series is one of the most widely recognized and traded gold coins worldwide.
The South African Krugerrand 1/2 oz is minted in 22 karat gold (91.67% pure), alloyed with copper for improved durability. Despite the lower purity compared to 24K coins, it contains exactly 0.5000 troy oz of pure gold.
When buying a South African Krugerrand 1/2 oz, expect a dealer premium of 3-8% above melt value. When selling, reputable dealers pay 96-99% of melt value. Compare offers from at least 3 dealers before selling.
Did you know?
The Krugerrand was the world's first 1 oz gold bullion coin, introduced in 1967. It was banned during apartheid but is now one of the most widely held gold coins globally.
How to buy and sell a South African Krugerrand 1/2 oz
Buying
Purchase from reputable bullion dealers, banks, or government mints. Expect a premium of 3-8% above the melt value. Verify weight and purity before completing the purchase. Store in a safe or bank deposit box.
Selling
Sell to online bullion dealers for the best prices (96-99% of melt). Local coin shops offer 90-95%. Pawn shops offer the lowest at 80-90%. For rare coins, consider auction houses.
How much is a South African Krugerrand 1/2 oz worth today?โพ
Based on today's gold spot price of $4,356.70/oz, a South African Krugerrand 1/2 oz has a melt value of $2,178.35. Market price may include a dealer premium above melt.
What is the gold content of a South African Krugerrand 1/2 oz?โพ
A South African Krugerrand 1/2 oz contains 15.55g (0.5000 troy oz) of pure gold. Total weight is 16.966g at 91.7% purity (22K).
Is a South African Krugerrand 1/2 oz a good investment?โพ
The South African Krugerrand 1/2 oz contains 0.5000 oz of gold providing intrinsic value. Bullion coins trade near melt while historic coins may carry numismatic premiums.
How can I verify a South African Krugerrand 1/2 oz is genuine?โพ
Check weight (16.966g), diameter (27.07mm), and thickness (2.215mm) with precision instruments. Gold is not magnetic โ a magnet test detects common fakes. For high-value coins, get PCGS or NGC certification.
Where is the best place to sell a South African Krugerrand 1/2 oz?โพ
Online bullion dealers pay 96-99% of melt value. Local coin shops: 90-95%. Pawn shops: 80-90%. For rare specimens, auction houses may pay above melt. Always get multiple quotes.
How much does a South African Krugerrand 1/2 oz weigh?โพ
A South African Krugerrand 1/2 oz weighs 16.966g total. Of this, 15.55g (0.5000 troy oz) is pure gold. Diameter: 27.07mm, thickness: 2.215mm.