1oz South African Mint Krugerrand Silver Coin

• Brand / Mint – South African Mint & Rand Refinery

• Metal Content – 1 oz

• Fineness (% purity) – 99.9

• Capsulated (Y or N) – N

• Mintage – Unlimited

• Dimensions –  Diameter 38.7mm, Thickness 2.84mm

Manufactured from silver with a purity of over 99.9%, the 1oz Silver Bullion Krugerrand Coin will make investing in Krugerrands more accessible to millions around the world. On the obverse, you will find the image of Paul Kruger, South Africa’s first president, along with “South Africa” in Afrikaans and English. The reverse side of the coin features a Springbok antelope, the national animal of South Africa, along with the year of minting, face value and Silver weight.

The price of Silver, like many other commodities, tends to be driven by a combination of supply and demand metrics as well as speculation. Whilst the price of Silver is well known for being more volatile than Gold due to its smaller market size, lower market liquidity as well as ever-changing supply and demand from the industrial sector and its properties as a store of value over long periods of time.

Silver is well regarded as a safe-haven asset for investors during times of economic upheaval, uncertainty and financial stress. The market conditions applicable to Silver, are much like that for Gold, and tend to be driven by monetary policy, the value of the US dollar, geopolitical concerns, physical demand as well as the available supply from mining production.

GBA offers a large range of silver products from known brands. Listing sizes from 1 oz coins to 5 kg cast bars.