Gold Half Krugerrand

Gold Half Krugerrand | 1/2oz South African Mint Bullion Coin

The Gold Half Krugerrand offers half a troy ounce (15.55g) of fine gold in a 22-carat (916.7 fineness) alloy from the South African Mint. The Krugerrand is the world’s original modern bullion coin — first struck in 1967 — and remains one of the most globally recognised gold coins in circulation. This half-ounce format gives UK buyers access to that international recognisability at a more accessible price than the full 1oz Krugerrand.

At 15.55g of fine gold, the Half Krugerrand holds the same gold content as a 1/2oz Britannia but in a 22-carat alloy rather than 999.9 fine gold — making it slightly heavier in gross weight due to the copper content that gives Krugerrands their distinctive colour and durability. For buyers comparing half-ounce coins, the choice often comes down to UK legal-tender status (Britannia) versus global recognition and heritage (Krugerrand).

London Gold Centre provides live gold prices, secure checkout, and the choice of insured UK delivery or collection from our Hatton Garden showroom. For guidance on choosing between coin formats, our best gold coins guide and Britannia vs Sovereign guide are practical starting points.

Key Coin Details

Compare this coin’s premium against the current gold price per gram to understand the cost breakdown before ordering.

Why Buyers Choose This Coin

• World’s original bullion coin: the Krugerrand was the first modern bullion coin, giving it unmatched global name recognition and a heritage stretching back to 1967.
• Half-ounce flexibility: offers the same internationally recognised Krugerrand format at a more accessible price point than the full 1oz coin.
• Durable 22-carat alloy: the copper-gold alloy gives Krugerrands their distinctive warm colour and added scratch resistance compared with 999.9 fine coins.
• Strong international resale: Krugerrands are among the most widely traded gold coins globally, recognised by dealers and buyers across every major bullion market.

If you are comparing half-ounce coins, a 1/2oz Britannia offers the same gold content in 999.9 fine format with UK legal-tender status. A Full Sovereign offers roughly half the gold content (7.32g) at a lower price point. Our 10 things to know before buying gold article covers the broader buying fundamentals.

What to Compare Before Buying

When choosing a half-ounce gold coin, buyers typically compare Krugerrand versus Britannia, 22-carat versus 999.9 fineness, international versus UK legal-tender status, and coin versus bar format at the same weight. The Half Krugerrand suits buyers who value global recognition and the Krugerrand’s distinctive heritage. For UK legal-tender status and a CGT discussion, compare with the 1/2oz Britannia. For the full 1oz Krugerrand, see the 1oz Krugerrand.

If you are deciding between coins and bars, our guide to the best gold bar size to buy explains how bars differ on premium efficiency. The 1/2oz Best Value bar offers the same gold content in bar format. View the full coin range on the Buy Gold Coins UK page. For purity, see our UK gold hallmarks guide. For pricing, see how gold is valued in the UK.

Tax, Delivery, and Selling

Investment gold coins are commonly treated as VAT-free in the UK when they meet the relevant conditions. For the official position, review the current HMRC guidance on investment gold and VAT. Note that Krugerrands are not UK legal tender, so the Capital Gains Tax discussion differs from UK-minted coins like Britannias and Sovereigns — for details, see the HMRC CGT manual.

If you later decide to sell, London Gold Centre offers a dedicated sell gold service with current buying rates. Krugerrands are among the most liquid gold coins in the international secondary market. For broader guidance, visit the FAQ hub or browse the news and guides section.

Frequently Asked Questions