1oz South African Silver Krugerrand Bullion Coins
Country: South Africa
Manufacturer: Rand Refinery
Diameter: 38.7 mm
Thickness: 2.84 mm
Purity: 99.9%
Weight: 1 troy oz (31.1 gram)
This striking 2024 1 oz Silver Krugerrand bullion coin is minted by South Africa’s renowned Rand Refinery and contains 0.999 pure silver.
Since its establishment in 1921 near Johannesburg, the Rand Refinery has refined over 50,000 tonnes of gold and is celebrated worldwide for producing the iconic Gold Krugerrand bullion coin.
Mirroring its gold counterpart, the Silver Krugerrand features South Africa’s national symbol, the Springbok, along with the coin’s year of minting, face value, and silver weight.
The obverse displays a portrait of Paul Kruger, South Africa’s first president, accompanied by the words “South Africa” in both Afrikaans and English.
The name “Krugerrand” combines the portrait of Paul Kruger with “Rand,” the South African currency, which itself is named after the Witwatersrand gold-mining region.