The Krugerrand silver coin is issued by the South African Mint and is struck in 99.9% fine silver. This well-known investment coin has been minted since 2017 and is a common alternative to the Kangaroo, Philharmoniker and Britannia coins. The silver Krugerrand is available in tubes per 25 pieces.
The Krugerrand silver is one of the 10 most popular investment coins in the world. The Krugerrand is struck in 99.9% pure silver and weighs 31.103 grams.
In 2017, the production of anniversary coins was started to celebrate the 50th anniversary of the Krugerrand gold. These coins were primarily for collectors, and this was the first time the Krugerrand was available in silver.
The great interest in Krugerrand silver among investors and collectors ensured that the South African Mint produced a Krugerrand silver since 2018. This silver Krugerrand has already become one of the top 10 silver investment coins in the world in a short time.
The value of the Krugerrand coin is determined by the cost of production, the silver price and the seller's profit margin. At The Silver Mountain we offer the Krugerrand at a competitive price.
Coins from previous years are priced extra competitively, because they are purchased from private individuals. When purchasing our coins, we always check the authenticity of the coin.
View the price history of the Silver Krugerrand to see how the value of the Krugerrand has developed over the past period. The silver price can sometimes be very volatile and rise or fall sharply in the short term. The price of the silver Krugerrand is adjusted every three minutes to the most recent silver price.
On the obverse of the "Krugerrand silver" a galloping springbok can be seen in the middle over a stylized South African savanna landscape.
The letters "CLS" are embossed below the motif on the right. These are the initials of Coert Laurens Steynberg, who is responsible for the successful design of the motif. The year of issue is embossed with two digits to the left and right of the springbok motif, e.g. "20" and "22" for "2022".
The bottom margin shows the word for fine silver in Afrikan "FYNSILWER" and English "FINE SILVER", as well as the fine weight "1 oz" and the designation "R1" for a South African rand. The design of the motif side corresponds to the world-famous design of the "Krügerrand Gold" with the difference that the gold coins of the South African Mint are traditionally issued without an embossed face value.
The reverse of the silver Krugerrand features a portrait of Paul Kruger, President of the Republic of South Africa from 1883 to 1902. In addition, the South African and English name for South Africa are shown on this side of the coin.
Selling the silver Krugerrand can be done easily and quickly at The Silver Mountain. We provide a buy-back guarantee for all Krugerrand coins that you buy from us. This means that we always buy back your Krugerrand coins at the current silver price at that time. For the silver Krugerrand coin we offer 107% of the current silver price.