1oz Silver Krugerrand Coin : Pre-Owned Best Value
SKU: BVSA1OZAG | Pre-Owned | Out of Stock
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About this product
The 1oz Silver Krugerrand Coin remains one of the world's most recognised bullion pieces - and one that carries both history and presence. These pre-owned coins contain one troy ounce of 999 fine silver and are sold under the VAT Margin Scheme, meaning no VAT is payable at checkout. Each coin features the same celebrated design that made the gold Krugerrand a global standard for bullion investors. Affordable, familiar, and traded worldwide, these South African silver coins are an excellent choice for anyone seeking low-premium physical silver with instant recognisability.
Read morePre-owned 1oz Silver Krugerrand Specification
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MaterialSilver -
BrandSouth African Mint -
Denomination / Size1oz -
CountrySouth Africa -
VAT StatusMargin -
CGT StatusNot Exempt
Product Description
Introduced in 2017, the Silver Krugerrand was created to mark the 50th anniversary of its famous gold counterpart - the first modern bullion coin ever issued. The South African Mint and the Rand Refinery jointly produce each piece, continuing a legacy that stretches back over half a century.
The coin's obverse depicts Paul Kruger, the 19th-century president of the South African Republic, engraved with the bilingual inscription SUID-AFRIKA · SOUTH AFRICA. The reverse carries the classic Springbok antelope, captured mid-stride with the fineness and weight clearly shown: FYNSILWER 1 OZ FINE SILVER R1.
Struck in .999 fine silver to a bullion finish, each coin weighs 31.1 grams (one troy ounce). These examples are pre-owned and may show minor handling marks or faint toning - a completely natural effect that doesn't diminish the silver content or value. Coins are supplied loose in protective flips.
Unlike proof or commemorative issues, the bullion strike keeps premiums low and liquidity high. Collectors appreciate the Krugerrand's historic continuity, while investors favour its reputation for recognisability and easy resale. These coins represent an accessible way to hold physical silver with an international pedigree.
Delivery Information
All UK orders are sent via Royal Mail, fully insured and tracked from dispatch to delivery.
Orders placed before 1 pm are dispatched the same day, with typical arrival on the next working day.
Each coin is supplied in an individual protective flip, safely packaged in a discreet, reinforced parcel.
For those wishing to collect in person, click & collect is available from our Royal Wootton Bassett office. Please bring valid photo ID (passport or driving licence) and proof of address (recent utility bill, bank statement, or council tax bill). If you choose Click & Collect, we'll notify you when your order is ready for pick up.
Investing Information
- Purity: 999 fine silver
- Weight: 1 troy ounce (31.103 g)
- VAT treatment: Sold under the VAT Margin Scheme, meaning no VAT is payable by the customer.
- CGT status: Not exempt from Capital Gains Tax (not UK legal tender).
- Premiums: Among the lowest on the market for a globally recognised 1 oz silver coin.
As always, please remember that silver prices fluctuate and past performance should not be taken as a guide to future value. We do not provide financial advice, and recommend that all customers perform their own research before investing.
Product Specification
Denomination Information
The Krugerrand is arguably the most influential bullion coin ever created. First struck in 1967, it transformed the global gold market by offering private investors a convenient, standardised way to buy and trade gold bullion. The name itself combines Kruger - honouring former president Paul Kruger - and rand, the South African currency derived from the gold-rich Witwatersrand region.
For decades, the Krugerrand existed only in gold, until the Silver Krugerrand debuted in 2017. The first edition, marking the series' 50th anniversary, was a "premium uncirculated" release; from 2018 onwards, fully bullion-grade silver Krugerrands entered production, quickly becoming a fixture of international precious-metal markets.
Today, the silver edition carries the same timeless design and symbolism: Kruger's portrait on one side and the Springbok on the other - both enduring emblems of South Africa's identity. It's a coin that bridges history, artistry, and practical bullion investment.
About Us
Gold Traders (UK) Ltd is a Royal Mint Partner and trusted precious metals dealer based in Royal Wootton Bassett. Since 2008, we've built a reputation for transparent pricing, fast service, and fair dealing, qualities reflected in our customer reviews on Trustpilot, Google, and FreeIndex.
All orders are processed securely in-house, dispatched promptly, and insured throughout transit.
Whether you're buying your first silver coin or expanding a long-term bullion portfolio, you can buy from Gold Traders with confidence - competitive prices, authentic products, and friendly expertise every step of the way.
