Many of the world’s most popular one ounce gold coins produced, have fractional counterparts. The most common fractional denominations are Tenth Ounce (1/10th), Quarter Ounce (1/4) and Half Ounce (1/2). The fractional coins are a great way of investing in your favourite bullion coins in a cost effective way. Fractional gold coins make an excellent choice for anyone wanting to give a gift.
The Australian Nugget or Australian Kangaroo has been produced by the Perth Mint since 1986. Unlike most bullion coins, the Nugget coin series changes its design annually. From 1989 onwards the coin has featured different species of Kangaroo, a recognisable emblem of Australia, with Queen Elizabeth II on the reverse.
The face value of the 1/2oz gold Nugget is $50 AUD, though the value of the coin is based on the market price of its metal content.
The 1/2oz Eagle gold coin is produced by the U.S Mint and has a face value of $25. It features the Eagle design on the reverse and Saint Gaudens' Liberty on the obverse. The half ounce coin was first minted in 1986. Between 1986 and 1991 the Eagle coins show the date in Roman numerals; from 1992 onwards the date is shown in Arabic numerals.
The South African Krugerrand was first produced in 1967 by the South African Chamber of Mines. Over many decades this gold coin has become one the most popular bullion coins chosen by investors. After its original productions and subsequent success, the Krugerrand galvanised many other gold mints to produce a bullion coin of equal standing. The 1oz Krugerrand was first minted in 1967; the 1/2oz, 1/4oz and 1/10oz coins were first produced in 1980.