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This gold coin contains 0.10 troy ounces of bullion. The melt value of one South Africa 1/10 oz Gold Krugerrand (Random Year) is $193.97 based on the current gold spot price.
The South African Mint introduced fractional Krugerrands in 1980 to investors.
Gold Krugerrands are available in three standard fractional sizes of 1/10, 1/4 and 1/2 oz weight denominations.
The distinctive orange hue of these coins reflect is alluring to investors seeking a tried and true bullion store of value.
The design of the 1/10 oz gold Krugerrand shares the same iconic symbolism of other coins in the series.
The obverse features a portrait honoring Paul Kruger, the former President of South Africa who helped to bring independence from Britain.
The reverse of the coin features a design intended to stoke the wonders of nature found in the country. The antelope-like Springbok is a medium-size mammal that is native to the region.
The reverse also includes inscriptions identifying the year it was minted, along with the words "1/10 Krugerrand" and "Fyngoud 1/10 oz Fine Gold"
Initially intended as an investment vehicle to promote the private ownership of precious metals, the Gold Krugerrand was first minted in 1967 by the South African Mint.
Made from an alloy of gold and copper metals giving the Krugerrand it's distinct orange hue. The tenth ounce fractional Krugerrand contains 1/10th troy ounce of pure gold.
The table below shows the annual mintages of Krugerrand 1/10 oz Bullion and Proof Gold Coins from 1980 through 2010.
|Year||Total 1/10 oz (BULLION & PROOF)||Proof 1/10 oz|
|Mint||South African Mint|
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