The Silver Krugerrand is the first ever silver coin issued by South Africa.
Gerrards offers the 2022 version of the Silver Krugerrand, in Brand new condition. A great way to buy silver at low premium.
Produced by the South African Mint in collaboration with the Rand Refinery, this coin is legal tender in South Africa with a face value of 1 Rand.
The South African Mint has a long standing know-how in minting bullion coins, which lead to the silver Krugerrand being of exceptional quality.
Design of the Silver Krugerrand
The 2021 Silver Krugerrand features the same beautiful design than the gold version.
The obverse features Otto Schultz portrait of Paul Kruger, former president of the South African Republic.
The reverse shows a springbok, symbolic animal of South Africa. The reverse image was designed by Coert Steynberg.
Why buy a 2022 Silver Krugerrand?
The Gold Krugerrand was the first 1oz gold bullion coin produced for investment purposed. It was launched by the South African Mint and Rand Refinery in 1967. This led to other countries following by creating their own 1oz gold coins, like Canada with the 1oz Gold Maple Leaf.
In 2017 for the 50th anniversary of the Krugerrand, the South African Mint introduced a new silver version of the coin. The first Silver Krugerrands were issued in 2018 for investment purpose. They are now as popular as other silver bullion coins like the Silver Canadian Maple Leaf or the Silver Britannia.
Silver Krugerrands are highly popular among silver investors, looking to buy or stack physical silver.