2022 1 oz Silver South African Krugerrand Coin

This 1 oz, 0.999 pure silver coin has a face value of 1 Rand (R1) by South Africa. The South African Krugerrand Series remains one of the most trusted and popular coins with investors. The South African Mint has marked its 50th anniversary of the series with the launch of the first-ever Silver Krugerrand. The 2022 coin features the same distinctive Krugerrand design, making it an irresistible addition for all collectors.

Key Features:

- The 5th year of availability in the Silver Krugerrand Series

- Each coin contains 1 troy oz of .999 pure silver.

- Obverse design produced by Otto Schultz.

- Reverse design produced by Coert Steynberg.

Design:

- Obverse: Likeness of Paul Kruger, along with “South Africa” in Afrikaans and English.

- Reverse: A Springbok antelope, along with the year of minting, face value and silver weight.

Frequently Asked Questions:

1. What is the spot price of precious metals?

The spot price for precious metals is the current price in the marketplace at which a given asset can be bought or sold for immediate delivery.

2. What is the difference between a 'round' and a 'coin'?

Gold, silver, and platinum "coins" are minted by a sovereign government, have a minimum face value, and are legal tender. Precious metal "rounds" are minted by private mints, have no face value, and generally have a lower premium than coins.

3. What is the bid price of precious metals?

The bid price is the highest price a buyer will pay, in this case for gold, silver or platinum. The ask price refers to the lowest price a seller will accept for the precious metal. The difference between these two is known as the spread. So the smaller the spread means the greater the liquidity.

2022 1 oz South African Krugerrand Silver coins are a favourite among investors. Add the 2022 1 oz South African Krugerrand Silver Coin to your cart today.

Ready to buy silver? We are happy to help. Call us at 1-888-861-0775, or via our email address: sales@sprottmoney.com.