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South African Gold Krugerrand Coin (CIR)

First minted in 1967 by the South African Mint and Rand Refinery, the South African Krugerrand gold coin was the world's first modern bullion coin and quickly became a household name among investors. Made primarily from gold sourced within the country, the gold coin features the likeness of Paul Kruger, a pivotal figure in South Africa's history, on its obverse, and the graceful springbok antelope on its reverse.

Key Highlights:

• Minted by The Rand Refinery (South Africa)
• Contains 1/4 Troy oz of Fine Gold
• Various Condition
• No Legal Tender Face Value
• Obverse: Paul Kruger
• Reverse: Springbok Antelope
• STRICTLY FOR RETAIL SALE ONLY
• GROSS MARGIN SCHEME (GMS)

Specifications:

• Reeded Edge
• No Mint Mark
• 22 mm Diameter
• 1.89 mm Thickness

 

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Pricing Details:

Points computation: 1 coin = 3.20 points

Tier	Points required	Price	Price/Gram	Price/oz	Percentage Over Spot (ASK PRICE)	Buy/Sell Spread
1	-	SGD 1,142.05	SGD 134.63	SGD 4,567.91	7.62%	7.69%
3	3,000	SGD 1,141.42	SGD 134.55	SGD 4,565.39	7.56%	7.64%
5	10,000	SGD 1,140.78	SGD 134.48	SGD 4,562.83	7.50%	7.59%

Tier	1	3	5
Points required	-	3,000	10,000
Price	SGD 1,142.05	SGD 1,141.42	SGD 1,140.78
Price/Gram	SGD 134.63	SGD 134.55	SGD 134.48
Price/oz	SGD 4,567.91	SGD 4,565.39	SGD 4,562.83
Percentage Over Spot (ASK PRICE)	7.62%	7.56%	7.50%
Buy/Sell Spread	7.69%	7.64%	7.59%