Legal Tender Gold and Silver Bullion

The 2018 bullion Silver Krugerrand makes it affordable for South Africans to allocate a portion of their investment portfolio to physical precious metals.

Unlimited Mintage
No numismatic value

Read More

African Bullion gives the South African retail investor the opportunity to purchase and hold physical gold and silver bullion. We maintain a large silver bullion inventory in South Africa so can ensure that even large bullion orders can be shipped as soon as client funds clear.

African Bullion appreciates that purchasing silver bullion online calls for a high level of trust and are committed to providing superior customer service, an easy online order process and efficient fully insured shipping. African Bullion represents the Austrian Mint, is an authorised dealer with both the Rand Refinery and the South African Mint and has distribution agreements with primary dealers of the American and Canadian mints. We guarantee the authenticity of all of our legal tender bullion products.

Rand Refinery

African Bullion has primary dealer status with the South African Rand Refinery.

South African Mint

African Bullion is an authorised dealer with the South African Mint.

Austrian Mint

African Bullion has been trusted by the Austrian mint to represent them here in SA since 2009

Pricing

Our online shop pricing is "live" and always reflect the current silver spot prices and R/$ exchange rates, allowing you to ‘lock in’ your bullion price when you are ready to place your order regardless of the time or day of the week. All bullion orders over 20 ounces Qualify for free shipping and insurance.

Shipping

Shipping is both secure and discreet with all shipments being insured by third party high value cargo insurers. Shipments can be tracked from our warehouse right to your doorstep for peace of mind. We pride ourselves with 100% delivery success in the tens of thousands of ounces of silver sold.

Why should I Invest in Gold and Silver Bullion

Hedge Against Inflation

A one ounce gold or silver coin represents the capital required to prospect, mine, refine and produce the coin. Gold has intrinsic value and by this definition, provides a hedge against inflation.

Currency Devaluation

Many analysts believe that substantial devaluation or collapse of the Dollar is inevitable. The United States national debt stands at over $21.1 Trillion and is growing, a staggering $174 189 per taxpayer.

Supply and Demand

Silver bullion production is not increasing quickly enough to satisfy the increasing demand. When silver bullion prices were low, with high production costs, there was no incentive for miners to increase capacity.

Default Risk

There is no default risk when you invest silver bullion and gold bullion coins. An investment in a silver bullion coin or a gold bullion coin can be contrasted with an in vestment in AAA rated Lehman Brothers or Bear Stearns bonds

Frequently Asked Questions

What are your thoughts investing in silver bullion coins vs silver bars?

The Austrian Philharmonic 1 ounce silver bullion coin has “legal tender status” Silver coins are both easier to sell and authenticate, as the weight, measures, and silver content of each coin is well regulated by the Austrian mint.

Weight (grams): 31.10
Pure silver content (grams): 31.10348
Fineness: 999.0
Dimensions: 37mm Diameter x 3.2mm Thick

Our silver coin pricing is comparable with local silver bullion bar pricing so in our opinion it makes sense to use an investment vehicle that is more liquid and tradable. Legal tender silver bullion coins are internationally recognisable and sell for a higher premium than silver bars in the secondary market.

What are your thoughts on the investing in silver vs investing in gold debate?

We believe that as central bankers of the world continue to print money and devalue their currencies both silver and gold investments will outperform inflation.

Some investors believe that silver will outperform gold in the current precious metals bull market. The current Gold / Silver ratio is 71 : 1 (One ounce of gold will cost you 71 ounces of silver) Many investors believe this ratio will fall to at least 20 : 1 resulting in more upside potential for an investment in silver. If this scenario plays out the premium paid now to invest in silver will be negligible. It is interesting to note that geologists estimate that the ratio of silver to gold ratio in the earth’s crust is about 16:1. In recent years we have seen the ratio as high as 83:1 and as low as 30:1

Is VAT levied on the purchase of bullion coins?

More FAQ

Request a Call Back

Latest From the Blog

2018 Bullion Uncirculated Silver Krugerrand

2018 Silver Krugerrand Available on Pre-order

You may remember that last year, in 2017, the South African Mint added the release of a Premium Uncirculated Silver Krugerrand coin to their 50th-anniversary celebrations. Fast forward a year and they are now releasing another very special silver coinRead More

Is the Window to Buy Silver Above a Gold/Silver Ratio of 80 Closing?, Ron Paul’s Dire Financial Warnings to the World and More

Is the Window to Buy Silver Above a Gold/Silver Ratio of 80 Closing? Some of the biggest players in the precious metals market have been making some savvy moves in silver buying recently, capitalising on the fact that it hasRead More

Impending Financial Crisis News, Bursting Bubbles You Should be Worrying About, South Africa Nearing Peak Gold and More

Will the Next Financial Crisis be Worse Than the Last? If you, like Donald Trump, base your opinion of the world’s financial health on the standard stock and asset markets it can seem that, as the US President claims, allRead More