.999 Fine Silver · South African Mint · Worldwide Liquidity
Silver
Krugerrand
South African Silver Krugerrand coins with .999 fine purity. Trusted by investors worldwide for liquidity and value.
Live Silver Krugerrand Pricing
Current market data for 1 oz South African Silver Krugerrand coins.
Silver Krugerrand Price
Product pricing (SKR)
Current Ask Price
$119.64
per 1 oz Silver Krugerrand
Bid
$108.24
Ask
$119.64
Market Stats
Open
$115.29
High
$124.88
Low
$109.19
Prev Close
$108.61
As of: Jan 27, 2026, 10:25 AM
Silver Krugerrand (SKR) pricing from Monex • Updated on page load
Why Silver Krugerrand?
The Silver Krugerrand offers .999 fine purity with the heritage of the world's most famous bullion coin name.
.999 Fine Purity
Silver Krugerrand coins are struck from .999 fine silver, ensuring maximum silver content per coin with no base metal alloys diluting your investment.
Krugerrand Heritage
Building on 50+ years of Gold Krugerrand history, the Silver Krugerrand carries instant recognition from dealers and investors worldwide.
IRA Eligible
Silver Krugerrand coins qualify for Precious Metals IRAs under IRS rules. The .999 purity meets the fineness minimum required for tax-advantaged retirement accounts.
Who Buys Silver Krugerrands?
Silver Krugerrand coins appeal to investors who value the iconic Krugerrand design in an accessible silver format.
Value-Focused Investors
Investors seeking affordable precious metals exposure choose silver for its lower entry point compared to gold. Each Silver Krugerrand contains one troy ounce of .999 fine silver.
IRA Investors
Those building Precious Metals IRAs value Silver Krugerrands for their IRS-approved status, South African Mint backing, and strong secondary market for eventual distributions.
Krugerrand Collectors
Gold Krugerrand collectors expanding into silver appreciate the consistent design language and shared heritage with the world's most recognized bullion coin.
Capital Requirement
Based on current Silver Krugerrand (SKR) ask price:
per 1 oz Silver Krugerrand
SKR pricing varies with silver spot and dealer premiums
Comparing Silver Krugerrand
Understanding how the Silver Krugerrand compares to other silver bullion coins helps you make informed investment decisions.
| Feature | Silver Krugerrand | Silver Eagle | Maple Leaf |
|---|---|---|---|
| Silver Purity | .999 | .999 | .9999 |
| Issuing Mint | South African Mint | U.S. Mint | Royal Canadian |
| Face Value | 1 Rand | $1 USD | $5 CAD |
| IRA Eligible | Yes | Yes | Yes |
| Typical Premium | 3-5% | 3-6% | 2-5% |
| Best For | Krugerrand Heritage | U.S. Legal Tender | Highest Purity |
Iconic Krugerrand Design
The Silver Krugerrand features the same iconic design as its gold counterpart, connecting to over 50 years of bullion history.
Obverse: Paul Kruger Portrait
The obverse features the portrait of Paul Kruger, the former President of the South African Republic. This iconic design has represented South African bullion since 1967.
Historical Note: Paul Kruger (1825-1904) served four terms as President and is a key figure in South African history.
Reverse: Springbok Antelope
The reverse displays the Springbok antelope, South Africa's national animal. This graceful image represents the natural heritage of South Africa and is instantly recognizable.
Global Recognition: The Springbok design is recognized by dealers and investors worldwide, supporting strong liquidity in secondary markets.
Questions & Answers
Common questions about South African Silver Krugerrand coins answered by our editorial team.
What is the Silver Krugerrand?
The Silver Krugerrand is a silver bullion coin minted by the South African Mint. Introduced in 2017 for the 50th anniversary of the Gold Krugerrand, it contains 1 troy ounce of .999 fine silver. The design features Paul Kruger on the obverse and the Springbok antelope on the reverse—the same iconic imagery as the original Gold Krugerrand from 1967.
Why choose Silver Krugerrands?
Silver Krugerrands offer the heritage and global recognition of the world's most famous bullion coin name. The Krugerrand revolutionized bullion investing in 1967. Silver Krugerrands feature competitive premiums (3-5% over spot), excellent liquidity, IRA eligibility, and the trusted South African Mint quality.
How much does a Silver Krugerrand cost?
At current silver prices, a 1 oz Silver Krugerrand costs approximately ~$110–$130 depending on spot price and dealer premiums. The price consists of the silver spot value plus a premium typically ranging from 3-5%.
Are Silver Krugerrands easy to sell?
Yes, Silver Krugerrands have excellent liquidity. The Krugerrand name is recognized by dealers worldwide thanks to over 50 years of Gold Krugerrand history. Most established dealers will buy Silver Krugerrands at competitive prices, typically completing transactions within 1-2 business days.
Can I hold Silver Krugerrands in my IRA?
Yes, Silver Krugerrand coins meet IRS requirements for Precious Metals IRAs. The .999 fine purity meets the IRS minimum fineness requirement, and the South African Mint origin satisfies government-mint criteria. IRA coins must be held by an approved custodian at an approved depository.
Further Reading
View current pricing or browse the resource library for detailed guides on premiums, storage, and IRA eligibility.