Krugerrand 1 oz Silver 2019 MS 69 NGC First Releases
The Krugerrand is one of the most recognisable 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 a Jubilee product. As of 2018, silver coins with the image of the springbok have a typical investment character. Silver Krugerrands are minted by the South African mint Rand Refinery. They are a fully fledged means of payment, guaranteed by 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 repurchase the coins at the prevailing bullion price. Krugerrand investment coins are an excellent investment for any capital. Due to their liquidity, they are recommended to all investors both when looking to buy and sell.
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, while below it is the inscription 'Fynsilwer 1oz fine silver r1', indicating the pure silver content.Do you need help? Do you have any questions?Ask a question and we'll respond promptly, publishing the most interesting questions and answers for others.