Krugerrand 1/2 oz or Philharmonic 1/2 oz: which is the better buy today?
Krugerrand 1/2 oz and Philharmonic 1/2 oz hold the same gold — 15.55 g of fine metal each — and differ in everything else: Krugerrand 1/2 oz is struck in 916.7 ‰ · 22 kt by South African Mint, Philharmonic 1/2 oz in 999.9 ‰ · 24 kt by Münze Österreich. With the metal identical, the only thing left to compare is what each dealer charges above it.
| coin | Krugerrand 1/2 oz | Philharmonic 1/2 oz |
|---|---|---|
| fine gold | 15.55 g | 15.55 g |
| gross weight | 16.96 g | 15.55 g |
| purity | 916.7 ‰ · 22 kt | 999.9 ‰ · 24 kt |
| diameter | 27.07 mm | 28 mm |
| thickness | 2.21 mm | 1.60 mm |
| face value | no denomination | 50 euro |
| struck | South Africa · since 1980 | Austria · since 1994 |
The prices come from the feed, and the feed has not answered yet.
Krugerrand 1/2 oz — The half ounce, struck since 1980: the same red alloy as the full coin at 27 mm, and the first of the sizes where the premium starts to climb.
Philharmonic 1/2 oz — Half an ounce of pure gold with a fifty-euro face value, and the Philharmonic’s way with proportions: 28 mm across and 1.6 mm thin, the widest half-ounce coin on this site.
Krugerrand 1/2 oz is 916.7 ‰ · 22 kt, so it weighs 16.96 g for its 15.55 g of gold; Philharmonic 1/2 oz is 999.9 ‰ · 24 kt, 15.55 g on the scale. Neither holds more gold for the difference: the alloy is hardness, which is why Krugerrand 1/2 oz can be handled and Philharmonic 1/2 oz travels in a capsule.
Both are modern bullion coins, struck for investors — Krugerrand 1/2 oz since 1980, Philharmonic 1/2 oz since 1994 — and priced on their metal and the margins above it.
So the comparison is the premium. Whichever of the two a dealer asks less for above its metal is the cheaper gold that day — and that changes shop by shop and day by day, which is what the numbers above are for.