1/10 oz Krugerrand

The 1/10 oz Krugerrand is a smaller denomination of the South African Krugerrand, one of the most renowned gold bullion coins in the world. Introduced in 1980, this coin was created to offer an affordable option for investors who wanted to own physical gold but could not afford the larger 1 oz Krugerrand.

Why is the Coin Famous?

The 1/10 oz Krugerrand is notable for its accessibility and iconic design. As part of the Krugerrand series, it inherits the rich history and international recognition of its larger counterpart. The Krugerrand was the first gold bullion coin to be mass-produced for investment purposes, making it a pioneer in the bullion market. Its popularity stems from its high gold content, liquidity, and the trustworthiness of the South African Mint.

Who Designed the Coin and Why?

The 1/10 oz Krugerrand features the same design as the original 1 oz Krugerrand. The obverse side showcases a portrait of Paul Kruger, the first President of the South African Republic, designed by Otto Schultz. The reverse side features a springbok antelope, one of South Africa's national symbols, designed by Coert Steynberg. This design was chosen to reflect South Africa's heritage and natural beauty while promoting the country's gold industry.

Coin Specifications and Symbolism

• Weight: 3.393 grams
• Gold Content: 91.67% gold (0.1 troy oz of pure gold)
• Diameter: 16.55 mm
• Thickness: 1.35 mm
• Edge: Reeded

The 1/10 oz Krugerrand, like other coins in the series, is minted in 22-karat gold, which means it contains 91.67% gold alloyed with copper to increase durability. Its design is a smaller-scale version of the original Krugerrand, maintaining the same level of detail and craftsmanship.

1/10 oz Krugerrand Coin Value

Some 1/10 oz Krugerrands, depending on their condition and rarity, can carry additional value over their melt price. Coins from years with low mintages or those in exceptional condition can fetch a premium. For example, the first year of issue (1980) and certain other years with lower mintages are often more sought after by collectors and can be more valuable. However, the majority of 1/10 oz Krugerrands are traded close to their melt value, which is determined by the current price of gold.

With its iconic design and historical significance, the 1/10 oz Krugerrand remains a popular choice among investors and collectors. Its small size and lower price point make it an accessible entry into the world of gold investing, while still offering the security and prestige of one of the world's most famous bullion coins.

1/10 oz Krugerrand Auctions