If you’re looking for an iconic silver bullion coin to add to your precious metals portfolio, these 1 oz 2023 South African Silver Krugerrands are an excellent choice.

The Rand Refinery of South Africa and the South African Mint introduced the gold Krugerrand bullion coin in 1967, which quickly became the world’s most recognizable and popular bullion coin over the next couple decades.

In 2017, the Rand Refinery began minting 99.9% pure silver Krugerrands with the same design as the famous gold Krugerrands.

The Rand Refinery was established in 1920 in Germiston, South Africa and has since refined over 50,000 tons of gold.

The coin’s obverse features a side profile of South Africa’s former president Paul Kruger, while the reverse features a springbok antelope, which is South Africa’s national symbol.

The coin’s name, “Krugerrand,” comes from a combination of the depiction of Paul Kruger and “rand,” which is the official name of South Africa’s currency, just how the dollar is the official name of the United States’ currency.

Individual 1 oz 2023 South African Silver Krugerrands purchased from BullionStar come in clear vinyl protective sleeves, while orders for multiples of 25 coins are delivered in Rand Refinery mint tubes. Orders that are placed in increments of 500 coins are delivered in highly desirable “monster boxes.”

Add some of these classic South African bullion coins to your collection today!