1 Rand South Africa Krugerrand 1 oz Silver
Buy 41.14 €
1.32 € per gram
Sell 32.91 €Made of silver with a purity of more than 99.9%, the 1 ounce Krugerrand bullion coin in silver becomes the perfect entry point for millions of investors to invest in Krugerrands.
The 1 ounce 2022 Krugerrand silver coin is a product of the South African mint which one of the oldest mints on earth. During the celebration of the 50th anniversary of the Gold Krugerrand, the South African Mint announced the launch of the first-ever silver coin from the mint. This was exciting news to investors because it gave them options when buying South African bullion coins. The South African mint released its first-ever silver coin in 2017. Since then the 1 ounce Krugerrand silver coin has become one of the most popular bullion coins among investors.
Each Krugerrand in silver bears the traditional springbok antelope on the motif side as it gallops across the South African savannah on the front. The year of issue, the name of the silver coin and the fine weight (1 oz) are also embossed here. It is particularly worth mentioning that the abbreviation "R1" can also be seen. This stands for 1 South African Rand. Unlike the golden sister coin, the Krugerrand silver has an official face value (although the golden variant is also legal tender).
The exact fineness is not mentioned, there is only the note "Fine Silver". The South African Mint minted the Krugerrand in 999 fine silver. There is no limited mintage.
On the back you will find the portrait of Paul Kruger, surrounded by 200 toothed edges. The issuing country is presented in two language. The silver Krugerrand was first minted in 2017 in the minting quality uncirculated with a mintage of 630,000 pieces. From 2018, it was also issued as an investment coin. The motif side was designed by Coert Steynberg, the Paul Kruger side was designed by Otto Schultz.
