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South African 1oz Silver Krugerrand
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South African 1oz Silver Krugerrand

New 6 were available
R1,699.00
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R35.00 Standard shipping using one of our trusted couriers applies to most areas in South Africa. Some areas may attract a R30.00 surcharge. This will be calculated at checkout if applicable.
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Main centres:  1-3 business days
Regional areas: 3-4 business days
Remote areas: 3-5 business days
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Product details

Condition
New
Location
South Africa
Circulated / Uncirculated
Uncirculated
Bob Shop ID
662278038

Description


How popular is this coin?


This coin is one of the three top-selling coins on the South African market, together with the American Silver Eagle and the Canadian Silver Maple. In fact, it took less than three years since its release to become our top-selling coins. If you are an investor in bullion, then this product should take center stage in your physical metals portfolio.



Who usually buys this coin?


The silver Krugerrand is an attractive alternative to investors who wish to keep the cost per ounce low. However, it is also popular for investors who wish to balance out their portfolio. That is, investors who, over the years traditionally bought only international bullion coins (like the Maples, Eagles, Britannias, and so on), and now wish to balance out that position with silver Krugerrands.

For many people, Gold Krugerrands are out of reach. The Silver Krugerrand gives everyone the opportunity to invest in a product with a reputation that is unparalleled across the globe.


Any other benefits to owning this specific coin?


A key perk to owning this silver bullion coin is its name and origin. It remains the only low premium bullion silver coin on the South African market. Given that the name Krugerrand is an internationally recognised brand, owning a reasonable number of ounces is like owning a piece of history in a brand that everyone trusts. Moreover, if trading in silver ever comes to pass, psychologically, South Africans will recognise a silver Krugerrand as money. This means trust of utility.


Some basic technical facts about the coins


Face Value: 1 Rand

Purity: 99.9 %

Dimensions: 38.725 mm

Year: Random Year


Packaging: Silver Krugerrands are available to purchase individual coins (sold in soft coin flips), tubes of 25 or Monster Boxes of 500 coins (20 tubes of 25 coins each). Please note that all coins sold are BU and Random Year.