Hey everyone! I have another very special Gold Why video for you today, in great HD quality. Today I'm thrilled to share
my 1980 half troy ounce gold Krugerrand. The South African Krugerrand
is one of my favorite gold bullion coins around. It's 22 karat gold bullion. With the
price of gold hovering around $1,780, the half troy ounce variety
of Krugerrands is perfect for my budget as well. After watching today's Gold Why video, I encourage you to subscribe to my
YouTube Channel - I've now got 10 videos and counting. Thanks
so much for your support and for watching!
Half Ounce Krugerrands Are Awesome
I'm a huge fan of my 1/2 Ounce Gold Krugerrand. It's a really
fun coin for a few reasons. First, it's 22 karat gold bullion so it's a durable coin. I actually keep my half ounce Krugerrand in
my briefcase. That way, I always have some gold with me as I believe
gold coins are lucky. Since Krugerrands are 22 karat gold
bullion, I can rest assured knowing my coin will not get any scratches or dents that would lower its value (as compared to a 24 karat
gold coin). I first started carrying around my gold Krugerrand when the price of gold was around $500 or $600 per troy ounce. That
meant my 1/2 ounce Krugerrand was valued around $250 to $300. Now that gold is at $1,780, I should honestly think twice about
carrying this coin around! On the one hand it's good luck, on the other it's worth just too much money. Perhaps I should downgrade
my briefcase "good luck" coin to a quarter ounce or tenth ounce coin. What do you think?
Second, it's the perfect size. One troy ounce gold bullion coins are amazing, but they're also quite expensive (with the price of gold
around $1,780). Half ounce gold coins can be purchased for around half this amount, making them more obtainable for investors like me.
Third, I absolutely love fractional gold coins. I see tons of tenth ounce
gold coins (such as the Tenth Ounce Gold Eagle). However, I typically see
fewer quarter ounce gold coins and even fewer half ounce ones. I enjoy purchasing more obscure gold bullion coins. That's why I'm such
a big fan of half ounce ones.
Krugerrands Versus Gold American Eagles
At the end of today's Gold Why video, I compare my one ounce Gold American Eagle to my half ounce Krugerrand. I do this for two reasons.
First, since they're both 22 karat gold bullion coins, this gives a sense of scale. You can clearly see that that half ounce gold coin
is smaller. (However, not that much, it's still a very substantial gold coin to own.) Second, I do this to show the different color of
the coins. Krugerrands have a bit more of a red hint in them whereas Gold Eagles are a softer yellow. Why? It all comes down to the alloys
used to strengthen the coins. Krugerrands have a bit more copper in them whereas American Eagles use other alloys. It's the copper that
gives Krugerrands their cool red, copper hint. Personally, I love both coins and it's really cool to observe these differences.
So, there you have it! Thanks so much for watching my half ounce Krugerrand video. Stay tuned, I have more Gold Why videos on the way.
Buy 1/2 Oz Gold Krugerrands on eBay
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