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1 oz South African Krugerrand Silver Coin from South Africa are bullion coins containing 1 troy ounce of pure silver with a fineness of 999.9. The numismatics are additionally issued by the government of the Republic of South Africa with a nominal value of 1 Rand (R1). The production is handled by the South African Mint - one of the most esteemed mints in the world. The name of the Krugerrand 1 oz coin is a combination of the words Kruger (the surname of one of South Africa's national heroes) and Rand (the name of the currency in South Africa). The silver bullion coin from Africa is thus a legal tender, guaranteed by the local government of South Africa.

Discover the history of the 1 oz South African Krugerrand Silver Coin!

The history of the Krugerrand began in 1967 when the South African Chamber of Mines was looking for a way to promote local gold. The idea of minting its own gold coin turned out to be a bullseye, and the Krugerrand is today the most recognizable bullion coin in the world. In 2017 – 50 years after its market introduction – the Krugerrand was minted in silver for the first time.

Silver Krugerrand oz is a long-awaited complement to the classic gold version. The international reputation and highest quality behind the South African mint guarantee investment security. An added value is the fact that this year's issue is only the second in history. The 1 oz South African Krugerrand Silver Coin has exactly the same designs as their gold counterparts. However, they differ in one important element – while the gold coins never had a nominal value, the silver Krugerrand 1 ounce actually has a nominal value of 1 Rand.

What does the 1 oz South African Krugerrand Silver Coin look like?

The obverse of the coin features a portrait of Paul Kruger, a president of the Transvaal who was distinguished in the fight for independence. His image is based on the original Kruger matrix cast from 1892, which was intended for use in circulating denominations of the South African pound. The strong emphasis on independence is also manifested on the 1 oz South African Krugerrand Silver Coin along the edge of the coin, where the inscription "South Africa" is placed in both Afrikaans and English.

The reverse of the Krugerrand presents the silhouette of the Springbok antelope, one of South Africa's national symbols. The year of minting is located on either side of the animal. Along the edge, the name of the coin, the metal it is made from, and its quantity are inscribed.

Order the 1 oz South African Krugerrand Silver Coin

By purchasing 1 oz South African Krugerrand Silver Coin bullion coins, you will receive numismatics in excellent uncirculated condition. All investment products from the Skarbowy Mint's offer are authentic items, ensured by accreditation centers cooperating with mints and refineries associated with the prestigious LBMA organization. It also provides a guarantee of selling silver coins at market prices – the value of the bullion is updated twice a day! 1 oz South African Krugerrand Silver Coin as a gift for loved ones! Silver bullion coins like the 1 oz South African Krugerrand Silver Coin are not only a good way to store assets in a safe form. They are also a great gift option for loved ones on various occasions. The 1 oz South African Krugerrand Silver Coin with its unique aesthetics will surely impress the recipient, who will perceive such a gift as a wish for financial prosperity. Bullion is thus not only a way to protect capital and diversify an investment portfolio but also a new type of gift, perfectly replacing inelegant envelopes with money.

Invest in silver with the Skarbowy Mint!

There are many reasons to invest in silver with the Skarbowy Mint. First and foremost, it is important to remember that bullion is today one of the safest assets, which, with really low investment risk, protects capital against inflation. Just like gold, silver also performs well in diversifying investment portfolios, especially those that already include pure gold bullion coins and gold bars. If you also want to start your adventure with bullion, be sure to consider purchasing the 1 oz South African Krugerrand Silver Coin, preferably in larger quantities!