Description

South African Silver Krugerrand 1 oz

The image on the South African Silver Krugerrand 1 oz looks familiar because its famous gold counterpart defined the bullion world since 1967. So to congratulate itself (50 year anniversary) and you the silver bullion investor the South African Mint decided to produce this iconic coin in silver beginning in 2017. This launch produced one of the best and most secure silver bullion coins on the market today.

The coins themselves are pristine – uncirculated condition and like the famous Gold Krugerrand the obverse features a portrait of their first President Paul Kruger and the following SUID-AFRIKA – SOUTH AFRICA. The reverse features the coin’s name KRUGERRAND – the minted date – FYNSILWER 1 OZ FINE SILVER R1 (A reference to South Africa’s unit of currency – the rand). The beautiful featured animal is the Springbok or antelope native to southern Africa.

The advantages of the South African Silver Krugerrand 1 oz coins are many: (1) its value moves directly with the price of silver. (2) The premium above spot is one of the lowest available on the market. (3) The coin contains an ounce of pure silver so its easy for you to figure value and easy for dealers to post competitive buy and sell spreads worldwide. (4) The South African Silver Kruggerand 1 oz comes in tubes of 25 and Monster Boxes of 500 coins. (5) These amazing boxes incorporate innovative new features like an interlocking system for secure stacking. Recessed handles for easy handling and built-in recessed slots for protection of the security straps. (6) The South African Silver Krugerrand 1 oz also features an finely reeded edge for added security.

Have more questions about the South African Silver Krugerrand 1 oz? We are here to help! Ask an Expert

Visit our Audio Gold News Page for information on the precious metals market.