Krugerrand 1 oz Silver 2018
The silver Krugerrands are minted by the South African Rand Refinery mint. They are a fully 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 full-fledged legal tender, they have no monetary value. This means that the South African Reserve Bank is obliged to buy back the coins at the prevailing bullion price. Krugerrand investment coins are an excellent investment for any capital. Due to their liquidity, both when wishing to buy and sell, they are recommended to all investors. The obverse is decorated with a portrait of Paul Kruger, while the obverse 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, and below it is the inscription "Fynsilwer 1oz fine silver r1", indicating the pure silver content.
Producer code
2590
Series
Metal type
Ag. 999
Weight
1 oz
Diameter
38.7 mm
Form
Silver coin
Denomination
1 Rand
Edge
Reeded
Quality
mint condition
Coin tubes (Pc.)
25
Bulk packaging
500 pcs.
Producer
The South Africa Mint
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