South African Silver Krugerrand
South African Krugerrand Specs
Manufacturer: South African Mint
Pure silver content (grams): 31.1035
Dimensions: 38.7mm Diameter x 2.84mm Thick
The bullion silver Krugerrand gives South African investors an affordable means to allocate a portion of their investment portfolios to physical precious metals.
The Bullion Silver Krugerrand has an unlimited mintage and is linked to the current silver spot price and Rand/Dollar exchange rate. This gives investors exposure to the spot silver price and also provides a Rand hedge.
Investors can purchase single coins, sealed mint tubes containing 25 coins per tube or a “monster box” containing 500 x 1 ounce silver Krugerrand’s. The Silver Krugerrand is BU – which means it is a “Brilliant Uncirculated” coin and as such will not be shipped with a certificate.
- Hedge against inflation
- Safe haven status
- Hedge against Rand weakness
- No default risk
Gold and silver are a hedge against inflation and currency devaluation.
– Robert Kiyosaki