South Africa • 1 South African rand

South African Silver Krugerrand, One Ounce

South African Silver Krugerrand, One Ounce is the one-ounce type illustrated here. This reference calculator uses 1 troy oz fine silver per correctly identified coin. Reported gross mass is 31.107 g and fineness is 0.999. The photographs show the 2022 one-rand silver design. Gold Krugerrands and larger silver sizes remain separate entries.

South African Silver Krugerrand, One Ounce obverse: Paul Kruger left
Obverse — Bruxton own CC BY-SA 4.0
Bruxton; CC BY-SA 4.0; resized WebP · Image source · CC BY-SA 4.0 — photograph license
South African Silver Krugerrand, One Ounce reverse: 2022 springbok, 1 OZ FINE SILVER, 1 R and 999
Reverse — Bruxton own CC BY-SA 4.0
Bruxton; CC BY-SA 4.0; resized WebP · Image source · CC BY-SA 4.0 — photograph license

When a fresh spot bid is available, melt values use fine-metal content × spot bid. CashForCoins guide buying offers use the separately configured percentage for each metal. Selected rare/numismatic coins require an appraisal. Dollar amounts remain unavailable when a fresh quote or buying percentage is missing.

Verified coin specifications

Country
South Africa
Face denomination
1 South African rand
Composition
99.900% silver; balance alloy metal
Gross weight (grams)
31.107
Fineness
0.999
Fine-metal weight (troy oz)
1
Diameter (mm)
38.725
Edge
Reeded; inspect actual edge
Mint
South African Mint / Rand Refinery
Mint mark
Record any issue-specific privy marks
Restrikes
Not a retained-date restrike
Series dates
2017–2026 (continuing)

The 2017 launch has premium and proof finishes; ordinary silver bullion begins in 2018. These are one-ounce dates. Two-ounce silver and gold Krugerrands require their own profiles; finish and privy-mark availability varies, and future releases are not certified.

Source precision
The reference’s named world-silver table omits this modern type. Fine content follows the Royal Mint’s explicit one-ounce bullion specification. The South African Mint independently documents .999, 31.107 g and 38.725 mm for its one-ounce silver collector type; proof finish and mintage are not assigned to the illustrated bullion reference. The gross/fineness product is a separately rounded nominal display. An erroneous .925 value in an older 2017 brochure is not applied to this .999 type.

Calculate this coin’s metal content

One coin contains 1 troy oz of fine silver.

Formula: specified fine-metal troy ounces × quantity. Dollar melt value additionally requires an approved current metal price.

Obverse: identify the front

Paul Kruger’s bearded profile faces left. SUID-AFRIKA and SOUTH AFRICA surround the portrait. This shared portrait also appears on gold Krugerrands, so the obverse alone cannot determine the metal or size. Use the reverse inscription and complete date before selecting a calculator entry.

Reverse: identify the back

A springbok stands beneath KRUGERRAND, with 20 and 22 divided around the animal. The lower inscription identifies 1 OZ FINE SILVER and 1 R; 999 appears below. Capture those small numerals as well as the animal. A springbok without the metal and weight wording is insufficient to distinguish this issue from gold or another size.

History and purpose

The Royal Mint’s product reference dates the silver version to 2017. Rand Refinery distinguishes the later ordinary silver bullion launch in 2018 from earlier collector issues. Keep that finish distinction with any original holder; the series introduction does not mean every 2017 example is the later regular bullion finish.

How to identify this variant

Read the one-ounce silver inscription, 999 and one-rand value. The South African Mint’s one-ounce silver reference gives 31.107 g gross and 38.725 mm diameter; the Royal Mint rounds diameter to 38.70 mm on its bullion listing. Both records are retained rather than reporting the rounded diameter as a different coin size.

Understanding its metal content

Three identified coins total 3 troy oz fine silver on the cited reference basis. Separately multiplying the reported gross mass and fineness gives 31.075893 g, approximately 0.999113 troy oz. Rounded nominal displays and a mint’s stated fine-ounce content are different records; the source precision note explains this entry’s choice. This calculation does not measure an individual coin or include a collector premium.

Dates, varieties and composition changes

The illustration is 2022. Proofs, collector sets and privy-mark pieces require their finish and distinguishing details to be recorded. A two-ounce silver Krugerrand has a different nominal mass and size and must not be counted using this entry. The pictured faces do not authenticate a seller’s finish designation.

Melt value versus collector value

Preserve capsules, set packaging and any original finish attribution. A collector proof or privy issue can require a separate appraisal from an ordinary bullion lot. Neither the reference photo nor a face value establishes a market premium or grade. Keep special pieces identified individually when requesting a quote.

Authenticity and condition

Start with the actual metal inscription and denomination, then compare the complete date and both designs. Photograph the rim and any original packaging. A photograph, matching color or plausible mass alone does not authenticate a coin. Use a suitable scale and caliper without scratching, bending or cleaning the surface; leave an uncertain specimen aside for professional examination. Security details must be assessed against the actual issue year, rather than inferred from a newer reference coin.

Selling this coin

Group this one-ounce type separately from smaller fractions, proof sets and similar designs in another metal. Record readable dates and the number of identified coins; keep uncertain pieces out of the quantity total. Preserve original holders and obtain clear photographs of both faces. The existing quote link carries the selected coin context so the lot can be reviewed. Reference metal content, a collectible assessment and a purchase offer are separate steps.

Sources and calculation methodology

The reference’s named world-silver table omits this modern type. Fine content follows the Royal Mint’s explicit one-ounce bullion specification. The South African Mint independently documents .999, 31.107 g and 38.725 mm for its one-ounce silver collector type; proof finish and mintage are not assigned to the illustrated bullion reference. The gross/fineness product is a separately rounded nominal display. An erroneous .925 value in an older 2017 brochure is not applied to this .999 type. The reference is the owner-selected deciding source for uncertain metal input. A missing table row is not described as a reference specification. Photograph identity, face ordering and reuse rights are reviewed independently. No customer assay, grade or current trading price is inferred. An approved live quote feed is unavailable, so the calculator displays metal quantities without invented dollar amounts.

Common questions

Is the silver Krugerrand the same as the gold coin?

No. They share portrait and springbok imagery but differ in inscription, alloy, mass and denomination. Select the actual metal and one-ounce type.

Which silver quantity does this calculator use?

The Royal Mint’s bullion specification states one troy ounce fine silver at .999 fineness. Three identified one-ounce coins total three fine ounces.

Can a two-ounce Krugerrand be entered as one coin here?

No. This entry covers the one-ounce silver issue. Larger sizes and special finishes need separate identification.

References

Issue-year references

Content maintained by CashForCoins. Last substantive record update: 2026-10-10. Report a specification or attribution issue through our contact page.

Related coins

South African Gold Krugerrand, One Ounce obverse: Paul Kruger left

South African Gold Krugerrand, One Ounce

Photo credits and rights on the linked coin profile.

South Africa • 91.700% gold; balance alloy metal

Series dates: 1967–2026 (continuing)

Fine gold: 1.000300 troy oz

Canadian Silver Maple Leaf, One Ounce obverse: 2012 Elizabeth II right, 5 DOLLARS

Canadian Silver Maple Leaf, One Ounce

Photo credits and rights on the linked coin profile.

Canada • 99.9900% silver; balance alloy metal

Series dates: 1988–2026 (continuing)

Fine silver: 1.000000 troy oz

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