Silver Coin

South African Silver Krugerrand 1 oz Price Today

Live intrinsic value of the South African Silver Krugerrand 1 oz based on real-time silver spot price. Updated every 60 seconds.

Coin Intrinsic Value
$72.71
Based on live spot price
Silver Spot Price
$72.78
Per troy oz
Typical Dealer Price
$81 – $89
Approx. 1222% premium over spot

Understanding the Premium Over Spot

The intrinsic value above represents the pure silver content of the coin (1 troy oz at 99.9% purity). When you buy from a dealer, you will pay more — the premium over spot covers minting costs charged by South African Mint, authorized dealer margins, packaging, shipping, and insurance. For the South African Silver Krugerrand 1 oz, typical dealer premiums range from 12% to 22% above spot, putting the street price at approximately $81–$89 at current spot prices.

South African Silver Krugerrand 1 oz Specifications

Country of IssueSouth Africa
Minted BySouth African Mint
Year Introduced2017
MetalSilver
Purity99.9% (0.999 fine)
Weight1 troy oz (31.10 g)
Diameter38.72 mm
Thickness3.00 mm
Annual Mintage~1,000,000+ per year

About the South African Silver Krugerrand 1 oz

The South African Silver Krugerrand is the silver version of the world's most famous bullion coin, first issued in 2017 to mark the 50th anniversary of the original gold Krugerrand. It contains 1 troy ounce of .999 fine silver and features the same iconic Paul Kruger portrait on the obverse and the famous springbok antelope on the reverse. It is South African legal tender with R5 face value.

Buy South African Silver Krugerrand 1 oz
Current intrinsic value: $72.71 — dealer price approx. $81+
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South African Silver Krugerrand 1 oz FAQ

When was the Silver Krugerrand first minted?+
The Silver Krugerrand debuted in 2017 to commemorate the 50th anniversary of the gold Krugerrand (1967). The 2017 versions are especially collectible as the inaugural year.
Is the Silver Krugerrand IRA eligible?+
No. Silver Krugerrands at .999 purity technically meet the 99.9% threshold, but must be in IRS-approved form. Check with your IRA custodian regarding the specific Silver Krugerrand's eligibility.
How does the Silver Krugerrand compare to the Silver Eagle?+
Both are 1 oz .999 silver government-minted coins. Silver Eagles have higher mintage and US government backing. Silver Krugerrands are newer (from 2017) and have the iconic design heritage of the gold Krugerrand. Premiums are similar. Eagles are more liquid in the US market; Krugerrands have wider international recognition.
Are Silver Krugerrands collectible?+
Yes, especially the 2017 inaugural year. The South African Mint also issues special collector editions with different finishes. Standard bullion versions are priced near spot; special editions command significant premiums.

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