
2026 1 oz Silver Krugerrand
The 2026 1 oz Silver Krugerrand is a South African bullion coin containing 1 troy ounce of .999 fine silver. Issued through the South African Mint and Rand Refinery ecosystem, it offers a familiar local bullion format for South African buyers. This product is supplied in brand new mint condition with an individual protective capsule.
Description
2026 1 oz Silver Krugerrand
The 2026 1 oz Silver Krugerrand is a South African silver bullion coin for buyers who want direct ownership of recognised physical silver. It contains 1 troy ounce of .999 fine silver and is supplied by African Bullion in brand new, mint condition with an individual protective capsule.
For South African investors, the Silver Krugerrand is easy to understand because it sits within the same broader Krugerrand family as the country’s best-known gold bullion coin. The value of the coin is primarily linked to its silver content, spot price, exchange rate and product premium, rather than a promise of future collector value.
Recognised bullion from South Africa
The Krugerrand is produced through the South African Mint and Rand Refinery ecosystem. Rand Refinery notes that the silver bullion coin was launched in 2018 and that its mintage is driven by market demand. This makes the 1 oz Silver Krugerrand a practical bullion product rather than a limited proof release.
The familiar design includes the Paul Kruger portrait on the obverse and Coert Steynberg’s springbok antelope on the reverse. The silver version carries a R1 face value and states the fine silver weight on the coin.
Design and specification
Official South African Government Gazette specifications list the fine-silver 1 oz Krugerrand at 38.725 mm diameter, 31.107 g standard mass and Ag 999 fineness. The product brief confirms that this stock is supplied with an individual protective capsule.
This is bullion stock, so it should not be described as proof, graded or collectable unless the physical stock and supplier paperwork confirm that separately. The capsule helps protect the coin during handling and storage, but the investment case remains the silver content and recognition of the Krugerrand name.
Buying from African Bullion
African Bullion prices physical bullion through the online shop, with pricing linked to live market inputs. Once payment has cleared, orders are packed and sent by insured courier within South Africa. For security reasons, the courier is not told the parcel contents.
Your invoice serves as proof of purchase and should be kept with your bullion records. Many clients buy physical silver as a long-term store of value and as a way to diversify outside the banking system, while accepting that silver prices can move up or down in the short term.
Specifications
| Product type | Coin |
|---|---|
| Series | Silver Krugerrand |
| Country of issue | South Africa |
| Issuer / mint | South African Mint / Rand Refinery |
| Source / provenance | Brand new from the South African Mint / Rand Refinery official mint supply chain unless stated otherwise |
| Year | 2026 |
| Metal | Silver |
| Purity / fineness | .999 fine silver |
| Fine metal content | 1 troy oz |
| Gross weight | 31.107 g |
| Diameter | 38.725 mm |
| Thickness | Confirm before publishing |
| Face value | R1 |
| Finish / condition | Brand new, mint condition bullion coin |
| Edge | Confirm before publishing |
| Obverse | Paul Kruger portrait with South Africa in English and Afrikaans |
| Reverse | Springbok antelope with year, Krugerrand name, fine silver weight and R1 denomination |
| Packaging | Individual protective capsule included, as per product brief |
| VAT treatment | Silver attracts 15% VAT in South Africa |



