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.

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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