The Bullion Silver Krugerrand now enjoys a reputation that is unparalleled across the globe and is one of the most recognisable coins on the market. As a reasonably priced product, it affords first-time physical bullion investors easy exposure to the spot silver price. Smaller items such as these are much more liquid than the larger 1kg and 500g cast Silver bars (which Moon also supplies), allowing investors to conveniently sell percentages of their physical bullion. Each coin weighs at least 31.107g and has a diameter of 38.725mm.
Like the coins against which they compete (the American Silver Eagle, the Canadian Silver Maple and the British Silver Britannia), 1oz Silver Krugerrands are characterised by low manufacturing costs and unlimited mintage. Similar to their counterpart in Gold, they are intended to be sold near the value of their precious metals content rather than influenced by collector opinions (which makes numismatic coins an inefficient way to invest).
With a purity of greater than 99.9% silver, the Silver Krugerrand is a safe haven asset providing a hedge against Rand weakness and inflation. Demand remains high as the popularity of this coin continues to soar across the globe and particularly amongst South African investors and dealers.
