This means that the krugerrand is 91.67% pure gold. The other component in the alloy is copper. This not only gives krugerrands their distinctive orange-colored sheen, it also makes the coins harder than other gold bullion products and more resistant to scratches.
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Why are some gold coins different colors
Why are some gold coins different colors? Some gold coins have different colors precisely because they are usually made not from pure gold, but from gold alloys. This means that gold has always been mixed with other metals to make them more durable.
Are all Krugerrands worth the same
Although they have legal status in South Africa, the Krugerrands no longer have a face value as money. Instead, these grades are classified based on the content of this precious metal (melting point).
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Are there different types of Krugerrands
There are two types of Krugerrands: the golden Krugerrand and the current Krugerrand.
Are Krugerrands worth more than gold
Unlike coins, Krugerrands do not have a fixed money value like pennies or nickels. Instead, the Krugerrand works like gold: it is worth as much as gold at the time of circulation, as required by the London Bullion Market Association. Each Krugerrand gold coin contains almost one ounce of gold.
Why are Krugerrands a different color
This means that the Krugerrand is 91.67% pure gold. The other component of the alloy is copper. Not only does this give the Krugerrands their jagged orange sheen, but it also makes gold coins harder than other alternative bars and more resistant to scratches.
Why are Krugerrands different prices
Krugerrand Gold Price Some gold coins can be worth much more than their gold, literally, simply because they were issued in a good year when few coins were minted, or because of their problems, or because of the mint, on which they were produced.
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