Krugerrand 1 oz or Krugerrand 1/2 oz: which is the better buy today?
Krugerrand 1 oz holds 31.10 g of fine gold and Krugerrand 1/2 oz 15.55 g — close enough to be the same purchase in metal, and far enough apart in everything else not to be the same coin to own.
| coin | Krugerrand 1 oz | Krugerrand 1/2 oz |
|---|---|---|
| fine gold | 31.10 g | 15.55 g |
| gross weight | 33.93 g | 16.96 g |
| purity | 916.7 ‰ · 22 kt | 916.7 ‰ · 22 kt |
| diameter | 32.77 mm | 27.07 mm |
| thickness | 2.84 mm | 2.21 mm |
| face value | no denomination | no denomination |
| struck | South Africa · since 1967 | South Africa · since 1980 |
The prices come from the feed, and the feed has not answered yet.
Krugerrand 1 oz — The coin that invented the one-ounce bullion market in 1967. Copper in the alloy gives it its red tone and its hardness.
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.
Both are struck in 916.7 ‰ · 22 kt: the same alloy, the same feel in the hand, and any difference on the scale is a difference in gold.
Both are modern bullion coins, struck for investors — Krugerrand 1 oz since 1967, Krugerrand 1/2 oz since 1980 — 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.