|Weight||15552.500 Grams / 500.024 Oz|
Brand new and uncirculated 2022 issue 1 Ounce Silver South African Krugerrands.
Monster Box of 500 coins, containing 20 tubes of 25 coins each.
Specs of the Silver Krugerrand Coins
Design of the Silver Krugerrand Coin
The silver Krugerrand coin was designed to match the design of the gold Krugerrand. Each coin features an image of Paul Kruger on the front, with the words South Africa written around his portrait. Paul Kruger was a political leader in South Africa in the late 1800s, and became famous for leading the war for South African independence from the British. The reverse of each coin features an image of a Springbok, which is famous to South Africa. The coin's year of minting appears on either side of the Springbok, and the word 'Krugerrand' appears above. These coins are minted in 999 fine silver bullion and are only available in one size - the 1 Ounce Silver Krugerrand.
Packaging of Silver Krugerrands
Silver Krugerrands are sold in a plastic slip, plastic tube of 25 pieces, or monster boxes depending on the quantity purchased. Many clients looking to place larger amounts of money into silver bullion select the silver Krugerrand monster box - this coin was priced to compete with the silver Maple Leaf, which is the most popular silver coin sold worldwide. They also compete with the maple leaf in terms of quality and design. Silver Krugerrand Monster boxes are issued directly from the Rand Refinery.
About the Krugerrand
The Krugerrand is the only coin issued by the Rand Refinery on a wide scale. These coins were first issued in the 1970s, and quickly became the most popular gold coins available on the market - by the late 1970s, nearly 3,000,000 were sold annually. 50 years after the gold Krugerrand was released, the Rand Refinery introduced a proof silver Krugerrand coin. The popularity of these coins led the Refinery to introduce the silver Krugerrand to compete with the silver maple leaf - these coins are priced competitively. The coins are also available in platinum.
Why Invest in Monster Boxes?
Monster boxes are available for investors looking to put larger amounts of money into physical silver. Many investors prefer to invest in coins over bars. The coins are almost all sold in 1-ounce denominations, making them easy to sell of incrementally if need be. Furthermore, monster boxes are compact and easy to stack. For clients who do not wish to pay 20% VAT on their purchase, SwissBullion.eu offers VAT-exempt storage in Zurich, Switzerland. Swiss storage is available to all clients, and clients have the option to sell their holdings back to us at any time at favourable rates.
Silver Krugerrand coins are available for VAT-free Swiss storage or for delivery.