South African Krugerrand - 1 Troy Oz .999 Silver
|Quantity||Premium/Oz||Total Price Each|
|1 - 49||$5.39||$30.55|
|50 - 499||$4.89||$30.05|
|500 - 2500||$4.39||$29.55|
|2501+||Call for discount|
|Full Tube Qty = 25|
Sell to Us Price: $25.46 each
The Iconic Krugerrand Now Available In Beautiful .999 Silver
The South African 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 troy ounce of silver version, for those who want to buy silver online.
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 a 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 A few years later that order was rescinded.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 1 oz silver Krugerrand coin 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 (monster boxes). Of course, Money Metals Exchange welcomes orders in any quantity.
These coins represent one of the most anticipated releases in recent years because their counterpart in gold enjoys such prominence in the market. The 2018 dated 1 oz South African Silver Krugerrand coin, was the first year of issue for the cost-competitive bullion strike.
If you want to stick with gold, due to the 1 oz gold coin value over silver bullion, we offer the South African gold Krugerrand in several sizes. Or check out some of our other silver coins for sale.
|Mint Facility:||South Africa|
|Date:||2017 - pres|
|Quality / Type:||Bullion, Uncirculated|
|Silver Weight:||1 troy ounce (31.103 grams)|
We are buying this item back daily, and we pay you promptly!
Our current buy pricing is $25.46 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.
We take great pride in the way your order is packaged and delivered.
You can expect:
- Prompt Shipping – We ship orders shortly after your payment has been cleared – generally within 2 business days.
- Fully Insured – We fully insure all shipments with Lloyd's of London.
- Privacy – Your package will have no external markings that provide any clue as to the contents. Because we insure packages with Lloyd's of London, we do not declare a value or insure with the carrier.
- Accountability for Package Contents – Your order will be packed under video surveillance, weighed and double-checked prior to shipping to ensure you receive exactly what you ordered.
- Professional Packaging – Your order will be packaged securely and professionally.
- Tracking – We will provide you with the carrier's tracking number for your shipment so you can monitor its progress and plan for delivery.
- Signature Confirmation – Delivery carriers are instructed to request a signature upon delivery.
|Up to $198.99||$7.97|
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Joseph G.October 20th, 2023Nice coin, Great serviceNice looking coin. Money Metals has always delivered and have never had coins with damage or flaws.
Rik C.October 8th, 2023Experiance has been nothing short of Outstanding.I've ordered from Money Metals several times now and I have had a Very Good Experience. The silver coins and rounds where all in great shape. The first package was left on my deck by UPS which is weird since it was suppose to be signed for. Not money metals fault in my opinion, lucky for me the package didn't get stolen. The review from me is they have been a great place to get some very nice silver coins and rounds at a very good prices. I wish they had a better selection like some of the other places but it is what it is. I want some different coins and rounds now, and I would Love to order them from Money Metals but they just don't have the selection. I will be ordering more coins when I want to just get some of the normal coins for gifts and collecting.
Chrispin B.June 15th, 2023Preservation ValueBeautiful coins, great price, and fast shipping. Great option for the preservation of wealth.
Joshua W.May 18th, 2023Great Item and Fast DeliveryMoney Metals never fails to have my order in my possesion in no more then 3 to 4 busienss days. This one took a little longer due to the huge demand right now for precious metals, but it was worth the wait.
albert f.March 9th, 2023Great place to buy fromMoney Metals never disappoints me with service and pricing. Also, the Krugerrands are one of favorite silver coins.