
Silver Kruger Rands can be a great addition to a value investing portfolio, especially for beginners.
The Kruger Rand was first minted in 1967 and features a unique design that makes it stand out from other coins.
With a mintage of only 1.5 million coins, the 1967 Kruger Rand is a highly sought-after collectible.
Investors can purchase these coins from reputable dealers or online marketplaces.
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Silver Kruger Rand Value
The melt value of a 1 oz Krugerrand Silver - Random Year is $32.73 based on today's silver spot price, which is updated hourly on our site.
This value is determined by the metal content and weight of the coin, making it a reliable way to assess its worth.
The 1 oz Krugerrand Silver Coin was introduced in 2017 to commemorate the series' 50th anniversary, featuring a design that's familiar to fans of the gold counterpart.
The coin's obverse shows a portrait of Paul Kruger, the four-term president of the South African Republic.
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Troy Oz
The 1 oz Krugerrand Silver Coin is a popular choice among investors, and it's interesting to note that it contains 1 troy ounces of bullion. This is based on its metal content and weight.
The intrinsic melt value of one 1 oz Krugerrand Silver - Random Year is $32.73 based on today's silver spot price. This is a significant value, especially considering the coin's design and history.
The 1 oz Krugerrand Silver Coin was introduced in 2017 to commemorate the series' 50th anniversary. It has the same familiar design as its gold counterpart, which is a testament to its enduring popularity.
One of the key features of the 1 oz Krugerrand Silver Coin is its troy ounce weight. To put this in perspective, here are the specifications for the coin:
The troy ounce weight of the 1 oz Krugerrand Silver Coin is a key factor in its value and appeal. It's a testament to the coin's enduring popularity and its potential as a valuable investment.
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1oz
The 1oz Silver Krugerrand is a popular investment option, but what's its actual value? The melt value of one 1 oz Krugerrand Silver - Random Year is $32.73 based on today's silver spot price.
This means that the intrinsic value of the coin is determined by the metal content and weight, rather than its face value. The face value of the 1oz Silver Krugerrand is R1, but it's not a reflection of its actual worth.
If you're looking to buy a 1oz Silver Krugerrand, it's essential to compare prices across multiple bullion dealers to ensure you pay the lowest price. Here's a comparison of prices from various dealers:
Keep in mind that the prices listed are subject to change and may not reflect the current market price.
Buying and Pricing
The silver Krugerrand is a popular investment, and one of the main reasons is its affordability. The 1oz silver Krugerrand is priced at a low premium over the silver spot price.
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To get the best deal, it's essential to compare prices across multiple bullion dealers. This will help ensure you pay the lowest price. You can find the current prices for silver Krugerrands from various dealers in the table below.
The 1oz silver Krugerrand contains exactly one troy ounce of pure silver and measures 38.73 millimeters in diameter.
Product Details
The Silver Kruger Rand is a rare and valuable coin, with a mintage of only 5,000 coins in 1892. It's a highly sought-after collector's item.
The coin features a portrait of Paul Kruger, the President of the South African Republic, on the obverse side. The reverse side bears an image of a springbok, the national animal of South Africa.
The coin's value is determined by its rarity, condition, and demand from collectors.
Melt Value: 1 Oz - Random Year
The melt value of a 1 oz Krugerrand Silver - Random Year is $32.73 based on today's silver spot price.
This is determined by the metal content and weight of the coin, making it a valuable investment option. The 1 oz Krugerrand Silver Coin is a great choice for those looking to invest in silver.
The coin was introduced in 2017 to commemorate the series' 50th anniversary, featuring a familiar design similar to its gold counterpart.
Here are some key details about the melt value of the 1 oz Krugerrand Silver - Random Year:
- The melt value is based on the metal content and weight of the coin.
- The melt value is updated hourly and adjusted with silver spot price.
- The 1 oz Krugerrand Silver Coin is a government-backed tangible asset.
This makes it an excellent choice for those looking for a secure investment option. The South African Mint is a recognized leader in issuing investment-grade bullion coins.
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Mintage Details
The Silver Krugerrand is a popular bullion coin, and understanding its mintage details can be helpful when considering whether to purchase one.
The 2017 1 oz Proof Silver Krugerrand Coin had a mintage of 15,000, which is relatively small compared to other bullion coins.
You can find the mintage details for different versions of the Silver Krugerrand in the table below:
The South African Mint has produced other versions of the Silver Krugerrand with varying mintage numbers, but these are some of the most notable ones.
The 2018 1 oz Silver Krugerrand Coin (BU) had an unspecified mintage, and the same goes for the 2019 1 oz Silver Krugerrand Coin (BU) and the 2020 1 oz Silver Krugerrand Coin (BU).
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Design and Features
The Silver Krugerrand Coin has a unique design that reflects its South African heritage. The reverse of the coin features Coert Steynberg's springbok antelope design, which is closely associated with the nation.
The springbok is depicted bounding across a field with its head turned to the right, giving the holder a clear view of its face. The date of the coin is split to either side of the animal, with the first two digits on the left and the last two on the right.
The coin's weight and face value are also prominently displayed. The bottom portion of the rim features inscriptions in Afrikaans and English, including "FYNSILWER 1 OZ FINE SILVER" and "R1" (1 Rand).
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The Reverse Design
The Reverse Design is a beautiful representation of South African culture and wildlife. The silver Krugerrand coin features Coert Steynberg's design of a springbok antelope bounding across a field.
The springbok is a significant animal in South Africa, and it's no surprise that the country's international sports teams are nicknamed "the Springboks." The creature's face is clearly visible, making it a striking design element.
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The date of the coin is split to either side of the springbok, with the first two digits on the left and the last two on the right. This adds a touch of elegance to the design.
The name "KRUGERRAND" arches over the springbok, while the coin's weight and face value are inscribed along the bottom portion of the rim. The weight is listed in both Afrikaans and English, with "FYNSILWER 1 OZ FINE SILVER" and "R1" (1 Rand) displayed prominently.
Proof Design
The proof silver Krugerrand coin design is a beautiful and unique take on the classic bullion coin. It features frosted design elements and a mirror-like background.
The proof coins are struck on specially polished blanks, which gives them a level of quality and detail that's hard to find in other coins.
The design of the proof silver Krugerrand is the same as the bullion issue, with the addition of more notches around its outer edge. This subtle difference gives the proof coin a distinct look that sets it apart from its bullion counterpart.
The proof silver Krugerrand has a limited mintage of 15,000 coins, making it a highly collectible item for those who are interested in silver coins.
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Features

The Krugerrand is a non-circulating coin, meaning it's not used for everyday transactions.
Issued by South Africa, these coins have been in circulation since 1961. The Krugerrand is a unique coin that's been minted from 2018 to 2024, with a value of 1 Krugerrand.
Here are the key features of the Krugerrand coin:
The Krugerrand coin is made of silver, with a weight of 31.1 grams and a diameter of 38.7 mm.
Investment and Value
The value of a silver Krugerrand can fluctuate based on the current silver price, which has historically been around $18 per ounce. This means that the value of a silver Krugerrand is directly tied to the price of silver.
Investors can buy silver Krugerrands as a hedge against inflation, as the value of the coin is likely to increase over time due to the increasing value of silver. This makes them a popular choice among investors looking to diversify their portfolios.
The Krugerrand's reputation as a sound investment is also due in part to its limited mintage, which can drive up demand and value over time.
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Potential Numismatic Value
The Krugerrand Silver Coin has the potential to carry significant numismatic value, especially considering its vintage silver status. The coin's weight is 1 oz, which is a standard unit of measurement for bullion coins.
The coin's country of origin is South Africa, where it was minted by the South African Mint. The coin is part of the South African Krugerrands series, which has a classification of modern.
One of the key factors that can impact the numismatic value of the Krugerrand Silver Coin is its purity. The coin has a fineness of .999, which is a high level of purity that can contribute to its value.
To store and protect the coin, capsules are available from Amazon, such as the OnFireGuy 20pcs 39mm Black Ring Coin Capsules. These capsules can help preserve the coin's condition and authenticity.
Here are some key specifications of the Krugerrand Silver Coin:
These specifications can provide valuable information for collectors and investors looking to purchase or store the Krugerrand Silver Coin.
Ideal Bullion for Investors
The 1-ounce silver Krugerrand coin is a great option for investors, made from .999 fine silver and with a face value of one rand.
Its purity and fineness are verified by organizations like the Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Service (PCGS), which certify the coins to have Specimen 70 grades, indicating full mint luster and a flawless surface area.
Investors can also consider other coins in the same category, such as the Canadian silver Maple Leaf, Australian silver Kangaroo, and Austrian silver Philharmonic coins.
These coins are all made from high-quality silver and have a strong reputation among investors.
Here are some key features of the 1-ounce silver Krugerrand coin:
Frequently Asked Questions
How much is a 2024 silver Krugerrand worth?
The 2024 1oz Silver Krugerrand Coin is currently priced at R785.00. You can purchase it for the original price of R790.00, saving R5.00.
Sources
- https://findbullionprices.com/p/Krugerrand-1-oz-Silver-Coin-Random-Year/
- https://www.govmint.com/world-coins/south-africa-coins/silver-krugerrands-coins
- https://britanniacoincompany.com/buy-coins/best-value/1oz-silver-krugerrand-best-value/
- https://www.sbcgold.com/buy-gold-and-silver/silver-krugerrand-coin/
- https://en.numista.com/catalogue/pieces143754.html
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