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1 oz South African Silver Krugerrand from 2022

In Stock
Tavex is pleased to present the brand new South African Krugerrand silver coin, the silver version of ... read more
We sell We buy Spread
360,51 NOK
306,17 NOK 17.34%
359,51 NOK
306,17 NOK 17.02%
358,51 NOK
306,17 NOK 16.70%
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Same day self pick-up from Tavex office - FREE
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The photos are used for illustration purposes only and may not be an exact representation of the product.


Tavex is pleased to present the brand new South African Krugerrand silver coin, the silver version of the World’s first legal tender gold bullion coin. First minted in 1967, the Krugerrand gold coin was introduced in 1967 as a vehicle for private ownership of gold. In 2017, the 50th anniversary of Krugerrand gold coin was celebrated with the launch of the special edition Krugerrand silver coin with special 50th-anniversary Mint mark. In 2018 the first 1 oz Krugerrand silver bullion coin was released at a low premium over the prevailing spot price of silver. The coin bears the same design as the original gold coin with the portrait of Paul Kruger, the former president of the Republic of South Africa. Unlike gold coin, silver bullion has the nominal value of 1 South African Rand. Krugerrand is an iconic brand that has withstood the test of time. The Gold Krugerrand’s popularity and investment value has made its new silver Krugerrand bullion coin highly-anticipated and hoped for, according to global investors. In light of a multitude of competing investments, the Krugerrand maintains that an investment in silver represents the peace-of-mind that the modern investor seeks.

Why Buy

  • The Krugerrand silver coins are money. Krugerrand silver coins are considered legal tender in South Africa and are accepted and exchanged throughout the world.
  • The Krugerrand silver coins are brand new bullion coins by the world-famous South African Mint. Krugerrand is an iconic brand that has withstood the test of time.
  • South African Krugerrand silver coins are sold with low premiums. As a partner of the Rand Refinery, Tavex is able to offer the Silver Krugerrand coin with a low mark-up premium.
  • This coin is 99.99% pure silver. Krugerrand silver coins are a great way to invest in silver.

Buying silver items means low risks and maintaining wealth

Silver's value has grown over the years making it good to maintain or grow wealth.

  • Product value (1pc)
    360,51 NOK
  • Buyback price
    306,17 NOK
  • Your risk now
    54,34 NOK

Fact: silver price in NOK has risen 82.13% in the last 8 years. The lowest price was 114,91 NOK/oz and the highest 352,74 NOK/oz. Current world market price is 313,48 NOK/oz


The word "Krugerrand" is derived from Paul Kruger's name and the monetary unit of South Africa, the rand, which is associated with the Witwatersrand "the ridge of white water" – the gold producing area discovered in 1886 in South Africa. The Springbok displayed on the coin's obverse is South Africa’s national animal. The Springbok or Antidorcas marsupialis is characteristic for its jumping display. The Aloe claviflora is one of the most well-known South African aloes. This plant is widespread in the dry interior of South Africa, an area, in which the Springbok is also abundant. The design of the obverse is modelled by the renowned South African sculptor, Coert Steynberg. The portrait of the President is created by the die-engraver Otto Schultz.

Krugerrands bear no nominal value and their value is linked to its fine silver content,


Krugerrand silver coins portray President Kruger  

The obverse of the Krugerrand silver coin depicts Stephanus Johannes Paulus Kruger, former president of the Transvaal Republic. Kruger would rise to international fame as the head of the Boer resistance against British forces in the late 19th century. The Boers, predominately Dutch-speaking settlers from Europe who lived in South Africa, tired of being ruled by the British Empire, decided to create their own independent country under the name Transvaal. Paulus Kruger, who was also a descendant of the Boers, would become a leading figure in the Boer quest to become a self-governed nation inside the territories of British controlled South Africa. 

Kruger came from a simple background; born on a farm in 1825 in South Africa he lacked any formal education, although his proficiency in hunting and horse riding would prove to be of good use during his military service in the Transvaal army. He advanced fairly quickly in the army ranks and by his early 40s was already promoted to Commandant-General of the Transvaal forces. Kruger’s skills went beyond being a soldier since he was a fine diplomat as well. In 1877, when the Boers clashed for the first time against Britain, Kruger through diplomatic means secured a victory for the Boers. This boosted his popularity, and as a result, he was elected president of the Transvaal Republic in the general elections that followed three years later.    


The Krugerrand gold coin created by the South African gold-mining industry 

South Africa was the largest gold mining nation during the mid 20th century, contributing almost 50% to the annual global mine supply. To more easily sell this abundant supply of gold, the South African gold mining industry came up with the idea to develop a circulating gold bullion coin that would exclusively contain gold from the South African mines. The idea was approved by the South African Central Bank which authorized the creation of the legal tender Krugerrand gold coin. The Krugerrand gold coin was struck for the first time in 1967 by the South African Mint and would prove to be the most successful gold bullion coin ever to be issued by the Republic of South Africa. The South African mint has struck its first legal-tender silver and platinum Krugerrands as part of the 50th anniversary of the flagship gold bullion coin.


The South African Krugerrand contains gold from the richest deposit on earth  

Unfortunately, the peace between the Boers and British did not last long, as large gold deposits were found inside the territories of the Transvaal Republic in an area called Witwatersrand. Even to this date, the Witwatersrand region is home to some of the richest gold deposits on earth; it is believed that almost 45% of all the gold ever mined on earth has come from this rich South African gold region. The British, determined to secure control over these vast riches, sent a huge force, by some estimates over 400,000 people strong, to combat the Boers. The Boers, greatly outnumbered by the British force, lost the war, and Transvaal was absorbed back into the British Empire in 1902. President Kruger who managed to escape to Europe never set foot again in Africa and he died in exile in Switzerland on 14 July 1904.

Product weight in grams
Silver weight in grams
Silver weight in troy ounces
Face value description
1 Rand
The South African Mint, South Africa


The obverse of the silver coin features the portrayal of the beloved former President of South Africa – Paul Kruger. The silver coin bears the same image as the gold Krugerrand, which was inspired by the portrait used on the 1892 South African Gold Pond Coin. Around the portrait is inscribed "SUID AFRIKA SOUTH AFRICA".


The reverse of the coin showcases a Springbok – a medium-sized antelope native to the open, treeless plains of southern Africa – portrayed bounding across the savannah. "KRUGERRAND" is inscribed above the animal, the coin also features the year of the mintage on the sides and silver content "FYNSILWER 1OZ FINE SILVER" and nominal value R1.


 Each coin is individually packaged in a hard plastic capsule if needed. Multiples of 25 are available in original mint-sealed tubes. For bulk purchases, we stock original South African Mint sealed boxes which contain 20 tubes with twenty-five Krugerrands to a tube (500 coins in total).

Secure and fast delivery by Bring

Your order is delivered by Bring and is fully insured. After we have received your payment, the products will be dispatched within 24 hours. Delivery time is within 3 to 4 working days. In cases where we can not send your order immediately, we will always inform you of the time delay.


The package is fully insured, and in the extremely unlikely case that the package is lost or damaged, Tavex AS will re-ship the items or refund your money. Insurance costs depend on the value of your order (1% of the value).


Once the products have been packaged and sent, you will receive instructions and a code to track the shipment.

Expected shipping cost

Tavex offers easy and secure shipping for all online orders. Take a look at the expenses.

Vast Stock Availability

The majority of Tavex’s products are always in stock and therefore Tavex can offer you quick delivery and same day pick-up with market leading prices. Tavex is an official partner of all the biggest mints in the world, such as the Perth Mint Australia, the Austrian Mint (Münze Österreich), China Great Wall Coins Investments Ltd., the gold bar market leader PAMP Suisse and Valcambi and other gold factories and dealers.

Same day pick-up

Feel free to visit our office during opening hours to have a free consultation or learn more about a specific product. If you purchase, online you can pick up the products on the same day we receive the payment.

Low prices

Over 25 years on the market and large volumes have enabled us to offer you the best prices on the market. With Tavex, you can maximise return on your investment because of low margins and spreads.

Item in Stock

This item is in stock and ships right after payment is made and is ready for self-pickup.

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