The price of a Krugerrand is based on its gold subject material as well as a premium. Various dimensions of Krugerrand fetch distinct premiums, and price tag is also affected by such factors this kind of as problem (uncirculated vs . circulated) and special preparation, such as evidence coins. From its inception in 1967, the 1 oz gold krugerrand was supposed as a way to invest in gold. Despite the fact that marginally heavier than 1 ounce (due to the copper alloy in the coin), every a single contained just a single ounce of uncover gold. Bullion coins, these as the kruger, enable investors of all budgets to acquire gold. When the fractal krugerrands (1/two oz, 1/four oz, one/ten oz) have been introduced in 1980, they continued with marking the bodyweight on the coin instead than the appeal. So the greater part of a Krugerrand's price comes from the gold bullion subject material. To decide how considerably that is, you can check the latest gold spot price tag. Just take a appear at our widget in the sidebar, or basically Google "Gold Spot Price".gold krugerrand coins