Krugerrand gold coins are very popular now. Their gold content guaranteed: their value is guaranteed as to weight and gold content by the South African government. Each coin contains 1 oz of fine gold bullion.
Gold Krugerrand value is based upon its gold content plus a premium. Gold Krugerrand of different sizes fetch different premiums. Krugerrand Value is also affected by factors such as condition (uncirculated vs circulated) and special preparation, such as proof coins.
So the majority of a Krugerrands value comes from the gold content. To determine how much that is, you can check the current gold spot price. Once the spot price of gold fluctuates in the gold market, the 1oz gold Krugerrand value changes correspondingly.
All Krugerrands are sold with a premium tacked on, which is for shipping, handling and mintage fees. Premium is higher on the fractal coins. 1/10 oz coin has the highest premium (up to 12%) when 1-oz coins has the smallest premium (up to 5%). If you could afford an 1 oz of gold, you would look to buy a 1 oz coin as opposed to two 1/2 oz Krugerrands.
Investing in Gold Krugerrands
The best way to buy these coins is online auctions or online dealers. try to find offers with the lowest premium over spot gold price.