TroyGold Krugerrand tokens represent fractional or full ownership of physical 1oz gold bullion Krugerrand coins that are securely stored, fully insured, and independently audited at Brink’s high-security vault in Johannesburg.

Each token that you buy on Mesh.Trade is backed by an actual hold-it-in-your-hand Krugerrand. These individual Krugerrand is numbered and registered to the holder of the KCC, issues could also arise should the seller of a KCC die after selling the contract, but before the transfer takes place. 

Once registered on Mesh, investors can buy and sell any mZAR denomination worth of gold above the minimum investment threshold of R50, for full ownership or fractional co-ownership of a bullion Krugerrand coin.

Each TroyGold Krugerrand token that you buy or sell on the Mesh platform is equivalent to 1 ounce of a physical Bullion Krugerrand coin.