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Money Metals Exchange was named Best in the USA because of our high-quality educational content, great pricing, and white-glove customer service.
*Prices will automatically update every minute
Total Price Each
|1 - 24||$2.89||$17.31|
|25 - 49||$2.59||$17.01|
|50 - 499||$2.29||$16.71|
|500 - 2499||$1.99||$16.41|
|Full Tube Qty = 25|
(5 out of 5)
The gold Krugerrand has long been recognized around the world as a go-to coin for bullion investors. Now, for the first time, it is available in an affordable, and stunning, .999 fine 1 oz silver version.
The Krugerrand was the first mass production gold bullion coin to enter the world market. South Africa is known for its vast reserves of mineral wealth and the coin was a symbol of the productivity of gold mines located there.
It also filled an vital role at an important time in world history.
The US central bank and the federal government were pursuing inflationary monetary and fiscal policy. The dollar was not the store of value envisioned when the Bretton Woods agreement ensconced it as the world reserve currency in 1944. Concern about the dollar was rising at all levels - from private investors to central bankers - around the world.
The Krugerrand was geared specifically for investment. It was mass produced and intended to be sold near the value of its gold content. As such, it was ideal for investors concerned about defending themselves from inflation. When it launched, gold bullion was outlawed in the United States by executive decree. A few years later that order was rescinded. US investors could once again legally hold gold bullion in 1971. And they had just one choice when it came to .999 gold in a 1 oz sovereign coin - the Krugerrand. Demand for the coins soared.
Now, more than 50 years after the introduction of the gold coin, the South African Mint is releasing the Krugerrand in pure silver. The silver Krugerrand shares much of the iconic design of the gold coins. The obverse, or front, of the coin carries the image of Paul Kruger. He rose to international prominence in the Second Boer War as South Africans of Dutch descent fought against British influence. He served as president of the South African Republic from 1883 - 1902. The coin denomination is displayed as 1 rand.
The coin's reverse, or back, features the Springbok antelope bounding across a South African plain. The Springbok is a national symbol. The species is common in southern African nations with a large population in South Africa. Along with the image is text outlining the date of issue and the weight and purity - 1 oz fine silver.
Coins are shipped from the South African mint in tubes of 25 coins. Twenty tubes are shipped in a mint box of 500. Of course, Money Metals Exchange welcomes orders in any quantity.
These coins represent one of the most anticipated releases in recent years, because its counterpart in gold enjoys such prominence in the market. The 2018 dated coins, as the first year of issue in a cost-competitive bullion strike, are bound to move quickly.
If you want to stick with gold, due to the 1 oz gold coin value over silver, we offer the Kruggerand in several sizes.
|Mint Facility:||South Africa|
|Date:||2018 - pres|
|Quality / Type:||Bullion, Uncirculated|
|Metal Weight:||1 troy ounce (31.103 grams)|
We are buying this item back daily, and we pay you promptly!
Our current buy pricing is $14.97 each and we will buy up to 1,000 ounces at this price. Simply call us on any weekday to lock pricing at 1-800-800-1865.
Learn more about the process for selling to us here.
By ERIC S. on September 2nd, 2018
These will be collectors from SA....Country is and will be in turmoil....spend half your silver eagle cash on these....
By Arthur C. on August 29th, 2018
Beautiful coin at a great price. Highly recommended for the collector and investor alike