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1 oz Silver Krugerrand 2018
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Discover the 1 oz Silver Krugerrand 2018
The 1 oz Silver Krugerrand 2018 is more than just a coin. It is a piece of history, an outstanding investment product, and a beautiful collector's item. Minted by the renowned Rand Refinery in South Africa, it is part of the globally recognised and highly regarded Krugerrand series.
The Fascination of the Krugerrand
- Design: The coin features the portrait of Paul Kruger, the former President of the South African Republic, on the obverse. The reverse is adorned with South Africa's national animal, the majestic springbok.
- Investment purpose: It is an excellent instrument for inflation protection, wealth preservation, and crisis protection. Its popularity among investors is undisputed.
- Material / Fineness: The coin has a fine weight of 31.10 g and a fineness of 999/1,000. It is made of high-quality silver, which gives it a special lustre and high value stability.
- Manufacturer: The renowned Rand Refinery in South Africa is responsible for minting the coin. It stands for the highest quality and precision.
- Country of origin: The coin is a genuine piece of South Africa and has been minted there since 1967.
- Named after: The coin bears the name of Paul Kruger and the South African legal tender since 1961, the Rand.
The 1 oz Silver Krugerrand 2018 as an Investment Product
The silver coin is an excellent choice for investors. It offers protection against inflation and crises, has an intrinsic value, and is recognised worldwide as a bullion coin. Furthermore, profits from the sale of silver are generally tax-free, provided the holding period is at least one year.
Design and Details
The coin is distinguished by its unique design and fine details. The obverse features the portrait of Paul Kruger, while the reverse displays the issuing country South Africa and the design of a springbok. The coin has a diameter of 38.70 mm and is in Brilliant Uncirculated (BU) quality.
Silver as a Store of Value
Silver has long been known as a store of value and is traded worldwide as a commodity. It is in high demand in industry and can be used as a medium of exchange. In addition, silver has limited availability and a restricted supply, which leads to long-term value stability.
Conclusion
The 1 oz Silver Krugerrand 2018 is an excellent choice for investors and collectors alike. It offers long-term inflation protection, is recognised worldwide, and features a beautiful design. It is also a piece of history, minted by the renowned Rand Refinery in South Africa. Make it part of your collection or investment portfolio.