The Best Time to Invest In Gold is Now

TroyGold is a South African venture-capital-backed fintech with offices in Stellenbosch and Pretoria, that provides gold bullion investment and credit services to physical gold owners and retail investors. 

Troygold is a registered Krugerrand dealer with the FIC (Financial Intelligence Centre) of South Africa, and a Registered Credit Provider (NCRCP 12342) under the National Credit Act (NCR) of South Africa.”

A 1oz gold bullion Krugerrand is the premier gold bullion coin available to South Africans as the most cost-effective physical gold investment asset. The TroyGold bullion Krugerrand coins are produced by the Rand Refinery.

A Bullion Krugerrand is a gold coin primarily designed for investment purposes. It closely tracks the spot price of gold and is widely recognised as a store of value.

Bullion Krugerrands are made of 22-karat gold with a copper alloy, giving them added strength and durability compared to pure gold coins. Their global recognition, ease of trade, and direct link to the gold spot price make them a trusted choice for diversifying investment portfolios.

The Bullion Krugerrand Tokens that TroyGold has issued on Mesh represent physical gold holdings, which are stored in the globally recognised secure vaulting facility of Brink’s in Johannesburg. 

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 worth 1 ounce or one physical Bullion Krugerrand coin. These tokens can be further fractionalised when they are bought or sold on Mesh.

Mesh allows for fractional ownership of TroyGold Krugerrands through the tokenisation of physically stored 1oz gold bullion Krugerrand coins on the blockchain.

When you purchase a TroyGold Krugerrand token on Mesh, legal and immutable ownership of the exact amount of physical gold corresponding with the value of the tokens that you have purchased, is transferred into your Mesh account.

All TroyGold’s customers’ gold holdings are fully allocated, meaning you are buying either a whole or a fraction of an actual gold bullion KrugerRand that is securely stored, fully insured and independently audited in a high-security precious metals vault.

Even if you purchase a fraction of a 1oz coin, you are allocated as a co-owner of a gold bullion Krugerrand coin securely vaulted at Brink’s. 

You can download audited monthly attestations of reserves detailing the number of Krugerrand coins allocated to Mesh clients in the shared RMB and TroyGold vault at Brink’s.

Whenever you buy or sell a TroyGold Krugerrand token on the Mesh platform, a Gold Ownership Certificate is generated and can be downloaded from your Mesh account. The Gold Ownership Certificate confirms the full amount of gold you own, fractionalised to 7 decimal points.

You can accumulate gold via subsequent issuances which TroyGold will launch from time to time (at their regular market price) or on Mesh’s secondary market, when tokens are available.

The redemption minimum is a 1-ounce gold bullion Krugerrand coin. Once you have accumulated sufficient tokens to reach 1 full ounce (31.1 grams) of gold, you can either continue to vault your Krugerrand coin at Brink’s or notify Mesh that you want to redeem your Krugerrand coin(s). 

Once notified by Mesh, TroyGold will contact you directly to arrange for secure delivery of the Krugerrand coin(s) to your home. Please note there may be associated costs (such as shipping or administrative fees) and procedural steps (including identity verification and compliance checks) before you can take physical delivery. 

A Storage and Insurance fee for physical gold storage at Brink’s for a period of 2 years will be payable upfront. This fee will be calculated and added at the time of settlement at 1.2% of the committed token value.

During the 2-week subscription period, TroyGold will publish an indicative price per ounce on the Mesh Asset Detail page. 

Once the subscription book closes, Mesh will use TroyGold’s discount to the market price to calculate the final settlement price for the fractional amounts investors have subscribed for, and will add the Storage and Insurance fee. 

A trade confirmation showing the actual price paid for the token, based on the live gold price, the TroyGold discount, and the storage and insurance fees, will be sent to subscribers on settlement.

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 final settlement occurs.

When subscription closes, a 2-year Storage and Insurance fee for the physical Krugerrand coins, up until 31 March 2027, at 1.2% of the committed token value, will be added to the price.This fee covers the cost of Storage and Insurance for the physical Krugerrand coins, which will be stored by the world-class, secure Gold Vaulting company Brink’s.At settlement time, a calculation will be done converting the mZAR amount that investors subscribed for into the corresponding amount of tokens representing the grammage of physical gold, at the prevailing TroyGold discounted price on the date of issuance, less the Storage and Insurance fee.

Gold Krugerrands are safeguarded in a secure vault under the management of Brink’s, the world’s leading precious metals high-security vault company, in their Johannesburg facility at the OR Tambo Special Economic Zone.

Brink’s has stringent security measures and insurance coverage in place to protect against theft, loss, or damage. 

The vault undergoes regular third-party and/or issuer-led audits to ensure the integrity and safety of stored assets, verifying that reserves match the total issued tokens and providing transparency through publicly available, audited attestation reports published monthly on the Mesh platform. Brink’s is the world’s leading precious metals vault – see website here

The security of your gold holdings is TroyGold’s top priority:

Insurance:

All customer holdings are fully insured against loss or theft by Lloyds of London – the world’s leading specialist insurance provider and market.

Vaulting custodian:

Brink’s Global, TroyGold’s vaulting provider, is the world’s premier provider of precious metals logistics and storage solutions.

As part of TroyGold’s commitment to safety, only the vaulting custodian has physical access to the vault holdings. Thus, no TroyGold or Mesh employee can enter the vault or access the holdings.

Troygold only vaults 1oz gold bullion Krugerrands in South Africa. As such, gold withdrawals are in 1oz Krugerrand coins. Gold withdrawals can therefore only take place in these denominations.

Once you have accumulated sufficient fractions of a token to reach 1 ounce (31.1 grams) of gold, you can choose to either continue to vault your Krugerrand coin at Brink’s or you can notify the Mesh customer support team at help@meshtrade.co that you want to redeem your Krugerrand coin. They will assist you in initiating the redemption process with TroyGold. 

Once notified by Mesh, TroyGold will contact you directly to arrange for secure delivery of the Krugerrand coin(s) to your home. 

Redeeming your token for the underlying asset is a simple process!

If you wish to exchange your digital tokens for the physical asset, please reach out to our customer support team at help@meshtrade.co they will assist you in initiating the redemption process with TroyGold.

Please note there may be associated costs (such as shipping or administrative fees) and procedural steps (including identity verification and compliance checks) before you can take physical delivery.