1 Ounce Silver Krugerrand Coin

Description

Rand Refinery Silver Krugerrand Coins

Each of these coins contains 1 troy ounce of 999 fine investment-grade silver bullion.

About the Silver Krugerrand Coin:

The Silver Krugerrand is part of the most prestigious South African Krugerrand series introduced for the first time as a gold coin in the late 1960s. Gold coins were issued by the Rand Refinery to monetize South Africa’s gold production and quickly gained in demand. Over time, it became one of the most popular choices for retail bullion investors. The 1 Ounce gold Krugerrand was the best-selling gold coin among retail investors until the shortage of its supply in Europe and America during the Apartheid era in the 1980s. This period made the Maple Leaf a prominent alternative.

Design of the Silver Krugerrand:

The obverse of each coin features a portrait of Paul Kruger, the first president of South Africa. It also bears the inscriptions “South Africa” in both English and Afrikaans. On the reverse side is the graceful image of the Springbok antelope in its natural habitat, with the word “Krugerrand” above the artistically done image. It also contains the year of minting and the weight. What really sets the Krugerrand apart from most of the coins minted by governments is the fact that it does not feature a legal tender value on the coin; however, it holds legal status as 1 South African Rand.

Investing with Silver Krugerrands

The Silver Krugerrand is such a popular silver coin that competes really well in the market with the silver Maple Leaf by having the same premium over the spot price, therefore being a favorite among savvy investors. These coins are available as singles, in tubes of 25, or in monster boxes containing 500 coins. They offer a tangible asset with inherent value that can appreciate. The Krugerrand series is also produced by the famous Rand Refinery in South Africa; other options include gold and platinum.

Those looking to buy the Silver Krugerrand should find that IG Bullion Group makes it easy, with options for worldwide delivery or secure VAT-free bullion storage in Switzerland. These coins can be purchased by clients through bank transfer in a wide array of currencies or cryptocurrencies. The ‘MyVault’ portal provides a convenient and secure way to manage client holdings. Whether it be direct delivery or VAT-free storage, IG Bullion Group facilitates a secure and trustworthy service for silver coin investors and collectors.Buy silver coin with bitcoin