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 coin – the very first Silver Krugerrand Bullion Coin.
The 1oz Silver Bullion Krugerrand is a legal tender coin – with a value of R1. Beautifully crafted, it features an intricate representation of a Springbok on one side and a portrait of Paul Kruger on the other.
Investors can purchase single coins, sealed mint tubes containing 25 coins per tube or a “monster box” containing 500 1 ounce silver Krugerrands. The Silver Bullion Krugerrand is certainly worthy of a place alongside other popular silver bullion coins like the Austrian Philharmonic, US American silver Eagle and the silver Canadian Maple Leaf.
Each of the coins is struck in a single continuous press to help ensure a lustrous finish and shipped in bullion uncirculated condition. We have waited 51 years for the South African Mint to release a silver coin of this kind and is sure to be a popular with both coin collectors and investors.
The new 2018 Silver Krugerrand is BU – which means a bullion uncirculated coin and as such will not be shipped with a certificate or in a coin capsule.
We will only be taking delivery of stock in the first or second week of August but do have the Silver Krugerrand available on pre order, giving clients who order and make payment the opportunity to lock in to current Rand/$ and silver spot rates. Please see our online shop for live pricing.