When you purchase a TroyGold Krugerrand token on Mesh, you acquire legal and immutable ownership of the corresponding physical gold. 


The price of a bullion Krugerrand is based on the current gold spot price, plus a small premium for minting and distribution costs. The token price you see on Mesh up to and during the 2-week subscription offering is the current indicative price of a 1oz bullion Krugerrand coin, linked to a live market price feed. 


The final issuance price of the tokens will be fixed at the prevailing spot rate on 27 March 2025, the date that settlement occurs. 


A Storage and Insurance fee for physical gold storage at Brink's for two years will be payable upfront when placing your order. This fee is calculated at 1.2% of the spot price, and added at the time of settlement as part of your total committed token value.


So the price per token we use to calculate your allocation will be:
  • Spot Price + (Spot Price x 5.5%) + (Spot Price x 1.2%)