Silver Krugerrands

Silver Krugerrand Coins

T he South African Silver Krugerrand is a popular bullion coin that is freely available in the UK. Struck by the South African Mint, the Silver Krugerrand is available in 1oz bullion and 2oz proof versions

The first Silver Krugerrand was minted in 2017 to mark the 50th anniversary of the release of the world’s first modern gold bullion coin which was first sold in 1967 and quickly became the world's most popular bullion coin

2017 was a significant year for Krugerrand investors as the first ever offering of a Platinum Krugerrand was offered to market too. That year saw a moderate mintage of 1,000,000 coins

The first Silver Krugerrand dated was given an attractive privy stamp showing the number ‘50’ which makes them more collectable for investors looking for interesting pieces to add to their Silver stacks

The coins have a face value of 1rand and features the same design as the Gold versions of the coin. The Krugerrand gets its name from Paul Kruger whose famous effigy is displayed on the coin. Paul was South Africa’s first and only president

Each Silver Krugerrand coin has its purity and weight guaranteed by the South African Mint. Silver Krugerrand coins are available in tubes of 25 coins, Silver Krugerrand monster boxes are also available containing 500 coins

A Silver 2oz version was first released in 2020 and has been limited to 10,000 issues per annum. This followed the popularity of a 2oz Gold version that was first introduced in 2018. Previous to this, a Silver proof 1oz version had been offered for sale by the South African Mint which has been produced each year since 2017 with the mintage of the coins being limited to 15,000

The designs of both proof versions are very consistent with the most noticeable difference being that the 2oz Silver proof Krugerrand having a face value of 2 Rand. Investors will quickly recognize whether their Silver Krugerrand is a proof or bullion version by the mirror-finish that a proof coin displays on the fields of the coin

The prices onscreen reflect our live buyback rates for investors that are looking to sell Silver Krugerrands at market reflective prices above the Silver spot price

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