South African 1 oz Silver Krugerrand Coin
- Purchased by Silver Weight (Condition Not Important)

About Purchasing This Silver Coin (GoldSilverJapan)

GoldSilverJapan purchases 1 oz Silver Krugerrand coins issued by the South African Mint based on their silver weight (pure silver content), regardless of condition.

This page is a purchasing guide that focuses on the value of silver bullion, without any assumption of premiums based on appraisal grade or appearance.

Unused, circulated, with scratches, tarnish, or milk spots, all items are appraised using the same criteria.

Purchase Price Concept (Silver Weight)

The Krugerrand is an official South African government silver bullion coin containing one troy ounce (approximately 31.1g) of pure silver with a purity of .999.

At GoldSilverJapan, we calculate our purchase price based on the following factors:

- The current international silver price (spot price)
- Pure silver content (1 troy ounce)
- International market circulation and demand
- Exchange rate (converted to yen)

*Price differences are not determined based on condition, appearance, or year of issue.
*The final purchase price is determined based on the silver market price at the time of acceptance.

Condition (regardless)

All silver coins in the following conditions are eligible for purchase:

- Scratches and scuffs due to circulation
- Tarnish and toning (natural changes unique to silver)
- Milk spots
- No capsule, bare coin
- Light stains and fingerprints

*Please consult us in advance only if the coin has cracks, major defects, or significant alterations.

About the Krugerrand Silver Coin

The Krugerrand is a coin brand representing South Africa, launched in 1967 as the world's first gold bullion coin.

Krugerrand as a Silver Coin The 1-ounce silver coin, first issued in 2017, shares the same design as the gold coin but was designed for the silver bullion market.

The coin is a globally recognized name, symbolizing South Africa's precious metals industry and its history as a resource-rich nation.

Obverse Design (Paul Kruger)

The obverse features the portrait of South Africa's first president, Paul Kruger.

This portrait symbolizes the nation's independent spirit and historical leadership, and is the iconic design of the Krugerrand on both gold and silver coins.

Reverse Design (Springbok)

The reverse features the springbok (antelope), South Africa's national animal.

Depicted in a galloping pose, this animal symbolizes nature, strength, and national pride.

Another unique feature of the Krugerrand is the year of issue and weight, engraved on separate halves of the design.

Are Krugerrand silver coins an "investment product"?

Krugerrand silver coins are legally considered "currency," but in practice they are treated as physical assets with properties very similar to silver bullion.

At GoldSilverJapan, we value them not as financial products guaranteed to increase in price, but as assets that reflect the value of silver itself.

For this reason, we provide transparent appraisals based on silver weight, rather than on the year of issue or differences in appearance.

Basic Specifications

Country of Issue: Republic of South Africa
Issuing Agency: South African Mint
Face Value: 1 Rand
Material: Pure Silver (.999)
Weight: 1 troy ounce (approx. 31.1g)
First Issued: 2017
Circulation Form: Silver Bullion Coin

Market Data Reference (Coinpedia)

The purchase criteria on this page are based on GoldSilverJapan's proprietary coin market database, "Coinpedia."

Coinpedia provides objective market analysis based on international silver prices, the circulation of silver bullion coins, and public trading data.
*This page does not guarantee a specific price.

About Online Purchases (No In-Store Purchases)

GoldSilverJapan is an online-only purchasing and sales business.

We do not offer in-person purchases in-store. Instead, we offer the following methods:

- Free, simplified appraisal based on photos
- Full appraisal by mail
- Quoted estimated price
- Payment after acceptance

All transactions are completed without meeting face-to-face.

For those wishing to purchase

The Krugerrand 1 oz silver coin is an internationally recognized and highly reliable silver bullion coin suitable for silver weight evaluation.

At GoldSilverJapan, we carefully inspect each coin based on market conditions before appraising it.

Free photo appraisals or consultations are also welcome. Please feel free to contact us.

To accurately, quietly, and honestly value silver as a physical asset.

GoldSilverJapan