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The South African Krugerrand is one of the most recognized and trusted names in precious metals worldwide. BOLD Precious Metals is proud to offer the iconic silver krugerrand coin, a cornerstone for any modern bullion portfolio. Struck in one troy ounce of.999 fine silver, these coins extend a five-decade legacy of quality and value into the silver market, making them an essential acquisition for both seasoned investors and new buyers.
2023 Silver 1 oz South Africa Krugerrand BU
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2022 South Africa Krugerrand 1 oz Silver BU
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2021 South Africa Krugerrand 2 oz Silver Proof
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2021 South Africa Krugerrand 1 oz Silver Proof
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2021 South Africa Krugerrand 1 oz Silver BU
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2020 Silver Proof South Africa Krugerrand - 2 oz
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2019 Silver South Africa Krugerrand - 1 oz
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2018 Silver South Africa Krugerrand - 1 oz
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The South African Krugerrand is one of the most famous and reputable precious metals names worldwide. BOLD Precious Metals takes pride in introducing the recognized silver Krugerrand coin as a pillar of any modern bullion portfolio. Minted in one troy ounce of.999 fine silver, these coins give a five-decade history of quality and value into the silver market, making them a must-have purchase to both established investors and newcomers.
Whenever you buy a 1 oz silver Krugerrand at BOLD, you are buying a globally liquid asset that is supported with the sovereign guarantee of the South African government. Our retained price on Silver Krugerrands is competitive and transparent and we will provide secure and insured shipping on every order. Discover our selection of historic coins and invest in the world's most renowned bullion brand today.
The Krugerrand has a story that started on July 3, 1967 when the South African Mint and Rand Refinery were introduced to the world as the pioneer of the modern gold bullion coins in the world. The Gold Krugerrand came to be designed to sell the immense South African gold reserves and give a medium through which people could own gold privately. It was a revolutionary success and by 1980 it controlled an incredible 90% world market of gold coins.
The Krugerrand name had been the undisputed gold standard for 50 years. To honor the coin's 50th anniversary, in 2017 the South African Mint issued the first ever silver Krugerrand.
Initially a high-end commemorative issue, its sheer fame resulted in the release of the standard bullion version in 2018. Investors who longed to get the most trusted bullion brand in the world at an affordable price did this as a direct reaction to the huge world demand, but low-expense, .999 fine silver and now the heritage of trust of the Krugerrand was available to many more markets.
Silver Krugerrand 1 oz is one of the best bets investors can make to incorporate physical silver in their portfolios. Every coin weighs 1 troy ounce of .999 fine silver and so it fits in the same investment category as other large sovereign coins such as the American Silver Eagle and the Canadian Silver Maple. It’s a legal tender face value of 1 Rand (R1) that gives the government assurance on its mass and purity.
The main investment worth of the Silver Krugerrand is that it has universal recognition. The Krugerrand brand is more than 50 years old; it has been actively traded and has a deep and liquid secondary market. This liquidity is also global, allowing investors to easily sell and purchase their coins worldwide at precious metal dealers. Furthermore, the Silver Krugerrand 1 oz can be included in a Precious Metals IRA, serving as a strong instrument to diversify retirement funds with a tangible asset.
What has made the Krugerrand so popular is the classic and stable design of the coin, which has been the symbol of stability and consistency. Each silver Krugerrand coin is manufactured via a cooperative partnership between the South African Mint and the Rand Refinery, which is the biggest, integrated single-site precious metals refining facility in the world.
Obverse: The obverse side has the glorious portrait of Paul Kruger, the first president of the South African Republic. Otto Schultz designed this portrait. The inscriptions about the portrait include “SUID-AFRIKA” and “SOUTH AFRICA”.
Reverse: The reverse was designed by a sculptor named Coert Steynberg, which shows a Springbok antelope, the national animal of South Africa. The backside also puts the inscriptions, “KRUGERRAND”, a year in which it was released, and the amount and kind of metal used: “FYNSILWER 1 OZ FINE SILVER R1”.
| Attribute | Specification |
|---|---|
| Purity | .999 Fine Silver |
| Metal Content | 1 Troy Ounce |
| Gross Weight | 31.107 grams |
| Diameter | 38.7 mm |
| Thickness | 2.84 mm |
| Face Value | 1 Rand (R1) |
| Mint | South African Mint / Rand Refinery |
| Obverse Designer | Otto Schultz |
| Reverse Designer | Coert Steynberg |
A: The silver Krugerrand is, indeed, a terrific investment, as is popularly known. It has a value based on its one troy ounce of .999 fine silver content. Since it is a sovereign coin with the support of the South African government, its weight and purity is ensured. The most important benefit of the coin is that the Krugerrand brand is known all over the world and thus the coin holds a high liquidity and active secondary market.
A: Protective plastic flips are the usual shipping medium of individual coins. Sealed mint tubes of 25 coins and sealed monster boxes of 500 coins are available for large orders.
A: The major distinction is the amount of metals. The first version of the Gold Krugerrand has a weight of one troy ounce of gold mixed with copper to make it last longer (22-karat purity). The silver Krugerrand coin, introduced in 2018 as a bullion coin, contains one troy ounce of .999 fine silver. The Gold Krugerrand does not have a face value but the Silver Krugerrand has an equivalent legal tender of 1 Rand (R1). The coins share similar designs for their icons.
