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For the first time in 51 years, the iconic Krugerrands are now available in Pure Silver.
Originally available as 916 Gold, the Krugerrands are now available in Pure Silver (999 Purity) in 1 troy ounce denomination.
The Silver Krugerrands will be produced with unlimited mintage as a Brilliant Uncirculated Silver Coin with a denomination of 1 Rand and is guaranteed by the South Africa Mint.
A little information about Krugerrands
Krugerrands possess a rich history. The gold coins were first minted in 1967 and they accounted for 90% of the global gold coin market by 1980. Since their first year of production, more than 50 million ounces of Gold Krugerrands have been sold and traded globally. It was even the number 1 choice for investors worldwide looking to include gold in their financial portfolio during the bull gold market in the 1970s.
It was only in 2017 that Silver Krugerrands were introduced into the market in celebration of the coin’s 50th anniversary. The 2017 Silver Krugerrands were only available in Proof quality.
Now, for the first time in history, the Silver Krugerrands are now available as Brilliant Uncirculated Silver coins with low competitive bullion premium pegged directly to spot prices.
Silver Kruggerand’s Status in Singapore (to date)
Currently, the 2018 South Africa Krugerrands are taxable. We expect them to be exempted from tax later this year.
You can purchase the Silver Krugerrands from us at the Freeport and take physical delivery at a later date this year. Precious Metals stored at the Freeport are not subjected to tax.
About Freeport Storage Option
Upon checking out via this option, you would be purchasing into our 2018 South African Krugerrand Silver Coin 1oz inventory stored at the Freeport. You can request to take physical delivery of your coins, but please note that tax will be payable at this current point of time. By selecting this option, you would be given 6 months worth of secured storage from your point of purchase charged at only S$0.20.
Additional storage charges would be payable upon the end of the 6-months storage.
For more clarifications, please drop us a call at +65 62229703 or email us.
The 2018 South Africa Krugerrand Silver Coins are available as single coins or mint tubes (25 silver coins each) or in monster boxes (25 tubes, 500 silver coins).
Plastic Capsules sold separately.