---
title: "1 oz South African Silver Krugerrand Coins for Sale | Live Prices"
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Categories: [Silver](https://www.monex.com/investing-in-silver/), [Silver Coins](https://www.monex.com/buy-silver-coins/)

Sold in quantities of 100

| Quantity | Check/Wire | Credit Card |
| -------- | ---------- | ----------- |
| 1 | $8,117.62 | $8,442.32 |
| 2 - 4 | $8,097.67 | $8,421.58 |
| 5 - 9 | $8,077.72 | $8,400.83 |
| 10 - 19 | $8,057.78 | $8,380.09 |
| 20 - 49 | $8,037.84 | $8,359.35 |
| 50 + | $8,017.89 | $8,338.61 |

# 1 oz South African Silver Krugerrand Coins

As low as:

$8,017.89

The 1 oz Silver Krugerrand was introduced in 2017 to mark the 50th anniversary of the historically significant gold Krugerrand coin. Although only intended for a limited run, the South African Mint responded to popular demand and made the .999 pure silver Krugerrand a permanent part of the collection. Shop online today or contact us directly to add 1 oz Silver Krugerrand coins to your portfolio.

Need Help?

For larger orders, special pricing and ordering ease, speak now with a knowledgeable Monex account representative.

800-444-8317

## What to Know Before Ordering

**1 oz Silver Krugerrands at a Glance:**

- 1 Troy ounce of .999 pure silver

- 1.52 inch (38.7 mm) diameter

- 1 Rand (R1) Face Value

- Produced and struck by the South African Mint

- Eligible for Precious Metals IRAs

- Sold in units of 100 coins

Monex proudly offers 1 oz South African Silver Krugerrand coins for sale online or by contacting one of our knowledgeable Account Representatives. Call us today.

Monex account representatives are available between 5:30 a.m. and 4:30 p.m. Pacific time each Monday through Friday (except national holidays) and on many weekends.

### 1 oz Silver Krugerrand Coins Design and Specifications

![silver south african krugerrand coin obverse](https://www.monex.com/wp-content/uploads/2023/06/south-african-silver-krugerrand-obverse.png.webp)

The Krugerrand series, released in 1967, introduced the world to the first mass-produced investment coin. The gold Krugerrand quickly became one of the most popular and widely recognized investment coins worldwide. To commemorate the 50th anniversary of the gold coin’s release, the South African Mint released the 1 oz Silver Krugerrand. During the creative process, designers undertook an intensive re-examination of the Krugerrand and discovered some of the artistic detail of the original 1967 design had been lost. Using modern technology, the intricate detail was reinstated by the mint to enhance the beauty of the newly released 1 oz Silver Krugerrand coin.

![silver south african krugerrand coin reverse](https://www.monex.com/wp-content/uploads/2023/06/south-african-silver-krugerrand-reverse.png.webp)

The obverse features the likeness of its beloved namesake, the South African Republic’s third president, Paul Kruger. The reverse depicts one of the country’s widely recognized species, the springbok antelope, jumping into action as well as the minting date.

Silver Krugerrands contain a single troy ounce of .999 fine silver with an issued face value of 1 Rand (R1) by South Africa. One-ounce Silver Krugerrands may be purchased in units of 100 and are eligible to add to your self-directed IRA.

## People Also Ask

### What is the price of a Silver Krugerrand coin today?

The purchase price of a Silver Krugerrand coin is at the quoted [Monex Ask price](https://www.monex.com/silver-prices/) at the time of your purchase. In addition, there are charges such as commission and shipping.

### Can I buy Silver Krugerrand coins for my IRA?

Silver Krugerrand coins are 99.9% pure silver and are therefore IRA-approved for use in a [precious metals IRA](https://www.monex.com/precious-metals-ira/).

### How much silver bullion is needed to diversify a portfolio?

For those who appreciate how precious metals can enhance investment returns while mitigating volatility and risk in a portfolio, it is recommended that a minimum of 10% of an investment portfolio be allocated to precious metals, including silver.

However, investors often purchase more when economic or geopolitical uncertainty in the markets and around the world rises. To learn more about [buying silver](/how-to-buy-silver-bullion/) and [silver investing](/investing-in-silver/), be sure to visit our “[Expert Views on Silver](/expert-views-on-silver/)” section.

### Is there a minimum purchase of 1 oz Silver Krugerrand coins per transaction?

Silver Krugerrand coins are sold in units of 100 coins. Please contact a Monex account representative for current pricing and fees.

### How do I buy and receive 1 oz Silver Krugerrands?

With our new and improved platform, you have the option to [buy silver coins](/buy-silver-coins/) online – simply add them to your cart and check out. If you prefer the human touch, our knowledgeable Account Representatives are also available to assist you in executing your order over the phone. After your purchase is finalized, you can opt to have your metal shipped to your home, made available for pick-up at over 30 facilities across the U.S. and Canada, or delivered to a bank/depository for storage.

### What makes Monex South African Krugerrand silver coin pricing competitive?

It is easy to confirm that Monex offers some of the best prices on South African Krugerrand silver coins by comparing our prices with those of other dealers. But what sets Monex apart is that we also feature transparent pricing. We publish both ask and bid prices on our website. That “spread” – the difference between our “ask” and “bid” prices – tends to be far less than many other dealers. We also offer lower Atlas Preferred Prices on purchases made with the Monex Atlas Account on several of our bullion and coin products. Call us today to learn more about Monex’s pricing advantages.

### Can I have my silver coins stored?

Silver coins have great weight and volume for your investment dollars, which may present a storage challenge. Most people could not carry $25,000 of silver coins without a wheelbarrow, whereas that amount of gold could fit in the palm of your hand. For this reason, investors of silver coins should take into consideration where they will store their purchase, and is why investors purchasing larger quantities of silver tend to use a bank/depository storage facility. The silver coins most preferred for depository storage are the two most popular and liquid coins in the world, the [U.S. Silver American Eagle](https://www.monex.com/silver-american-eagle-coins-for-sale/) and the Royal Canadian Mint’s [Silver Maple Leaf](https://www.monex.com/canadian-silver-maple-leaf-coins-for-sale/).

If you choose to store your [silver coins](https://www.monex.com/buy-silver-coins/) in this way, we will deliver your investment with full title and ownership in your name to one of the independent bank/depository facilities that provide storage for Monex customers. When your metal is received by the bank/depository, the custodian of the facility will send you a document acknowledging the receipt and your ownership of the silver being stored in your name.

### Is my silver investment insured?

All shipments of silver products to you are insured against loss or damage in transit. If you decide to have your silver delivered to and stored by a bank/depository, the metal is fully insured in transit and also while in storage.

### How long will it take to receive my silver?

Almost every investment in physical metal is unique. For this reason, calculating shipping timing for a unique silver purchase is not a universal answer. The delivery of your metal is dependent on a variety of factors, including the quantity of metal, the time of your purchase, and other relevant details.

On average, physical metal will leave the shipping facility two to five days after confirmed, reliable good funds are received. Upon receipt of payment and confirmation of reliable good funds, Monex will direct one of its independent shipping facilities to package and assign it to either USPS or UPS for delivery. You will then receive an email or a telephone notification of your shipment’s tracking number.

During periods of extremely high shipping volume, you will be notified if any delays are anticipated. Call a Monex account representative to learn more about estimated shipping times for your unique investment.

### How do I get a Free Phone Consultation with Monex?

You could spend many hours, or even days, searching the internet for the answers to your questions about purchasing and owning precious metals. Or, you could do what tens of thousands of customers do each year: Talk to a friendly, experienced, and knowledgeable Monex Account Representative who will give you information based on your personal situation and circumstances.

Our Account Representatives are available from 5:30 a.m. to 4:30 p.m. PST Monday through Friday (except national holidays) and on many evenings and weekends. Give us a call today for a free precious metals investing consultation!
