2022 1 oz South African Silver Krugerrand Coin – 500 Coins Monster Box

Description

About 2022 1 oz South African Silver Krugerrand Coin – 500 Coins Monster Box

The South African Krugerrand is the world’s oldest gold bullion coin issued for the purposes of investment and collection. The series launched in 1967 with only gold coins and was intended to help market South African gold to the world. In 2017, the first-ever silver coin in the series was released. Now, 2022 1 oz South African Silver Krugerrand Coins are available to you for purchase online from TRB Bullion.

Coin Highlights:

Coins arrive inside individual flips, plastic tubes of 25 coins, or mint-sealed boxes of 500 coins!
5th year of availability in the South African Silver Krugerrand Series!
Contains 1 Troy oz of .999 pure silver in BU condition.
Issued a face value of 1 Rand (R1) by South Africa.
Paul Kruger on the obverse.
A Springbok antelope on the reverse.
Krugerrand coins once dominated the precious metals marketplace. In the early decades of gold bullion coining, the South African Krugerrands 1 oz gold coin accounted for 90% of gold bullion coins in the world. The introduction of other gold bullion coin programs in the 1980s, combined with an economic boycott by Western nations, cut into the dominance of the Krugerrand.

Today, however, the South African Krugerrand Series remains one of the most trusted and popular coins with investors. In 2017, the South African Mint marked the 50th anniversary of the series with the launch of a first-ever Silver Krugerrand. The move proved so popular that the mint made the Silver Krugerrand an annual release and expanded its reach in the market to silver buyers in the process.