- Mint condition
1 troy ounce silver Krugerrand coin 2023/2024
- Mint condition
1 troy ounce silver Krugerrand coin 2023/2024
- Securily packaged
- Certified
- Tradable world wide
- Customer rating: 9.7
The 1 troy ounce silver Krugerrand coin has been issued since 2017. This coin is struck in 1 troy ounce (31.103 grams) of pure silver (99.9%) and is attractively priced - with this, The South African Mint comes up with an alternative to the usual silver investment coins.
Specifications
Physical properties
Net weight
The net weight is determined by multiplying the gross weight with with the purity. |
1 troy ounce |
Purity and metal type | 99,9% | Silver |
Dimensions | 38.7 x 2.84 mm |
Condition | New |
Origin
Country of origin | South Africa |
Mint | South African Mint |
Year of issue | 2023 |
Price properties
Selling price | € 36,05 |
Metal worth | € 30,41 |
Price per gram
The price per gram is determined by dividing the sales price by the net weight. |
€ 1,16 |
Premium
The premium is determined by substracting the metal worth from the sales price. |
€ 5,64 |
Investment score | Investment-score: A-label |
VAT-rate | Margin taxation |
Other specifications
Buyback guarantee applicable | Yes - 107% |
Pick up possible | Yes |
Storage possible | Yes |
Availability | Delivery time: 3 weeks |
Information
Silver Krugerrand coin from 2023 or 2024
This coin is struck in 1 troy ounce (31.103 grams) of pure silver (99.9%) and is attractively priced. The South African Mint has been issuing this coin since 2017 as an alternative to customary silver investment coins from Europe and the United States. Due to the large circulation in which the South African Mint brings out this new coin, the premium is also comparable to other usual investment coins, making this relatively young silver coin an interesting option for the investor in physical silver.Paul Kruger
Both the name and the design of the silver Krugerrand are derived from the former president of South Africa: Paul Kruger. Paul Kruger was president from 1883 to 1900, and before his presidency he was an important 'Farmer' during the first Farmers War. His legacy is still visible in South Africa, and the Krugerrand is one of the most famous memories of the fifth president of South Africa.
Design 1 troy ounce silver Krugerrand
On the obverse of the coin, the text KRUGERRAND is displayed at the top with an image of a springbok. The year is also shown in two parts, and at the bottom of the coin you can find the text FYNSILWER 1 OZ FINE SILVER.On the reverse of the silver Krugerrand coin, the same design is used as with the gold variant: an image of Paul Kruger, the former president of South Africa. The text SUD AFRIKA – SOUTH AFRICA can also be found.
Buy a Monsterbox Krugerrand with 500 coins
These Krugerrand coins are newly minted and are purchased directly from official distributors of The South African Mint. All silver Krugerrand coins that we sell are checked for authenticity, fineness and weight.The new silver Krugerrand coins are supplied 25 pieces in a tube. The coins are packed in a monster box for every 500 pieces. Buying a monster box of silver is an ideal way for silver investors to purchase silver in large quantities. The monster boxes with silver Krugerrands are tradable worldwide.
Featured
- Silver investment coin struck in 99.9% pure silver
- Traded under the margin scheme
- Struck by South African Mint
- Popular among physical silver investors
Price chart
South African Mint
The South African Mint is responsible for minting all coins of the South African rand on behalf of its owner, the South African Reserve Bank. Located in Centurion, near South Africa's capital, Pretoria, this mint produces coins for both domestic and international markets.
Investment score
This product has an A-label (Our top 100 products). This means that it is one of our most common products. When purchasing physical precious metals, we recommend looking at both the lowest price per gram and the lowest spread. The spread indicates the difference between the buying and selling price. An A-label means this is a favorable choice when buying gold and silver.
Label informationInvestment score: An A-label means that this is one of our most common products. When purchasing physical precious metals, we advise looking at both the lowest price per gram and the lowest spread. The spread indicates the difference between the buying and selling price. An A-label signifies that this is a favorable choice when buying gold and silver.
Investment score: A B-label means that this is a common coin or bar, which is widely tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice.
Investment score: A C-label means that this is a less favorable investment choice compared to a product with a higher investment score. Products with a C-label are considered collectibles.