Silver Krugerrands are silver bullion coins issued by the South African Mint as part of the Krugerrand series, which originally started with the famous Gold Krugerrand in 1967. The Silver Krugerrand was introduced in 2017, marking the 50th anniversary of the Gold Krugerrand. The coin follows the same iconic design as the gold version but is made of silver and is aimed at both investors and collectors seeking to diversify into silver.
Characteristic | Details |
————————- | ———————————— |
Introduced | 2017 |
Metal Purity | 99.9% pure silver (0.999 fineness) |
Weight | 1 troy ounce (31.1035 grams) |
Design (Obverse) | Portrait of Paul Kruger |
Design (Reverse) | Springbok antelope |
Denominations | 1 oz (standard), occasional special sizes |
Finishes | Bullion, Proof, Special Editions |
Face Value | No face value (value tied to silver market price) |
Market Appeal | Investors and collectors, global recognition |
The Silver Krugerrand is a popular and affordable extension of the world-famous Krugerrand series. Introduced in 2017, it shares the same iconic design as the Gold Krugerrand and offers a high-purity, 99.9% silver option for both investors and collectors. Available primarily in 1-ounce sizes and in both bullion and proof finishes, the Silver Krugerrand provides an accessible way to invest in silver while being part of the prestigious Krugerrand family. Whether you are looking to invest in silver or add a collectible coin to your portfolio, the Silver Krugerrand offers a trusted and globally recognized option.
Silver Krugerrands are available in different finishes, each catering to the needs of both investors and collectors. The bullion finish is geared toward those looking to invest in physical silver, while the proof and special edition finishes are designed for collectors seeking high-quality, aesthetically refined coins. Here are the various finishes available for Silver Krugerrands:
Finish Type | Purpose | Appearance | Mintage | Market |
—————————- | ———————————— | ————————————————– | —————————— | ———————————— |
Bullion Silver Krugerrands | Investment | Matte or satin finish, standard strike | High mintage | Investors, lower premiums |
Proof Silver Krugerrands | Collecting | Mirror-like background with frosted design elements | Limited mintage | Collectors, higher premiums |
Special Edition Krugerrands | Collecting, commemorative | Unique finishes, possible gilding or coloring | Very limited, commemorative | Collectors, high demand |
Reverse Proof Krugerrands | Collecting | Frosted background, polished design elements | Limited mintage | Collectors, higher premiums |
The Silver Krugerrand comes in a variety of finishes that cater to both investors and collectors. The bullion version is ideal for those looking to invest in silver with lower premiums, while the proof and special edition versions offer higher-quality finishes and limited mintages, making them attractive to collectors. Whether you're seeking the practical value of silver or a beautiful, limited-edition coin, the Silver Krugerrand provides a versatile range of options.