Why buy the silver Krugerrand at The Silver Mountain?
A silver Krugerrand combines an iconic design with high intrinsic value. The coin is minted by the South African Mint and is recognized globally as an investment coin. All silver coins up to and including the 2024 vintage are subject to the margin scheme, meaning that you, as a private individual, do not pay 21% VAT.
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Benefits at The Silver Mountain:
- Immediately available from our own stock Â
- Prices linked to the current silver price Â
- Discreet and insured shipping Â
- Buyback guarantee through Precious Metal PurchaseÂ
Design and authenticity of the silver Krugerrand.
The silver Krugerrand retains the classic design of the Gold version:Â
- Obverse: Portrait of Paul Kruger Â
- Reverse: Springbok, the national symbol of South AfricaÂ
Features of the Silver KrugerrandÂ
Each coin contains 1 troy ounce (31.103 grams) of 99.9% pure silver. Since 2025, the coin has been provided with a laser-engraved security feature, which confirms the coin’s authenticity. Â
Issued by the South African Mint Â
The South African Mint, located in Centurion near Pretoria, is the official producer of South African coins and operates on behalf of the South African Reserve Bank. Â
 Due to its reputation and strict quality control, the Krugerrand is internationally reliable, tradable and liquid.Â
Buying the silver Krugerrand as an investment
The silver Krugerrand is a popular choice for investors who want to own physical silver in a recognized form. Thanks to its high purity, global recognition, and tax advantages, the coin is: Â
- Easy to trade Â
- Tax-friendly (margin scheme for pre-owned coins), Â
- Ideal for asset diversification Â
Besides its investment value, silver also plays an important role in industry, which means demand continues to grow structurally. The coin's value moves with the silver price, offering investors opportunities during price fluctuations.Â
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Frequently asked questions about buying silver Krugerrand coins
What is a silver Krugerrand coin?
The silver Krugerrand is the silver counterpart of the gold Krugerrand and contains 1 troy ounce (31.103 grams) of pure silver. The coin has been issued annually by the South African Mint since 2017 and is recognized globally as a bullion coin.
What is the silver content of the coin?
Each coin is minted from 99.9% pure silver (0.999 fine silver), comparable to other international bullion coins such as the Silver Eagle and Philharmonic.
What is the advantage of pre-owned Krugerrand coins?
Pre-owned coins are traded within the EU under the margin scheme. This means you only pay VAT on the trader's profit margin, making these coins fiscally attractive for private investors.
How is the price of the silver Krugerrand determined?
The price of the silver coin is directly linked to the current silver price and is automatically updated every three minutes on our website.
Are silver Krugerrand coins suitable as an investment?
Thanks to their global recognition, high purity, and The Silver Mountain buyback guarantee, silver Krugerrands are a solid and liquid investment in physical silver.