Krugerrand 1 Ounce Silver 2018
Krugerrand is one of the most recognizable bullion coins in the world. This investment-grade currency was made of silver with a weight of one troy ounce and a bullion purity of 999. The silver Krugerrand was first produced in 2017 as an anniversary product. As of 2018, silver coins with the image of springbok have a typical investment character.
Silver Krugerrands are minted by South African mint Rand Refinery. They are a full-fledged means of payment, with a guarantee from the South African government as to the legality, purity of the bullion and the origin of the metal. It is interesting to note that although Krugerrands are a full-fledged means of payment, they have no monetary value. This means that the South African Reserve Bank is obliged to repurchase the coins at the prevailing bullion price. Krugerrand investment coins are an excellent investment of any capital. Due to their liquidity, both when looking to buy and sell are recommended to all investors. The obverse is decorated with a portrait of Paul Kruger, while the otok contains the words "South Africa" in Afrikaans and English. The reverse depicts a springbok antelope, which is the symbol of South Africa. On either side of it are numbers representing the year of minting; below it is the inscription "Fynsilwer 1oz fine silver r1", indicating the pure silver content.
