Gold: $1940.00  Silver: $23.83  Platinum: $1024.60  90% Junk $1 FV: $17.04  Gold/Silver Ratio: 81.41

2023 1 oz Silver Krugerrand Coin

Compare the best online dealer prices when shopping for 2023 1 oz Silver Krugerrand Coin coins.

Bullion Dealer Price Each Dealer Premium Link
SD Bullion
Dealer Rating:
$27.92 $4.09
(17.16% prem)
Silver Gold Bull
Dealer Rating:
$28.10 $4.27
(17.92% prem)
Hero Bullion
Dealer Rating:
$28.35 $4.52
(18.97% prem)
Dealer Rating:
$29.64 $5.81
(24.38% prem)
Dealer Rating:
$30.76 $6.93
(29.08% prem)
Dealer Rating:
$31.80 $7.97
(33.45% prem)
eBay (d.b.s.coins)

See Listing for Shipping
$32.54 $8.71
(36.55% prem)

2023 1 oz Silver Krugerrand Coin Melt Value

This silver coin contains 1.00 troy ounces of bullion. The melt value of one 2023 1 oz Silver Krugerrand Coin is $23.83 based on the current silver spot price.

Prices Last Updated: Feb 01, 2023 07:33 am

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2023 South Africa Krugerrand 1 oz Coin

The Silver Krugerrand became quickly established as a highly trusted, low premium government backed coin following it's debut in 2018. The annually minted silver coin continues with a traditional design that contains all of the same features as other coins in this series.

The obverse of the coin carries the image of Paul Kruger. He served as the president of South Africa from 1883-1902. Considered to be an important period during which the country fought for its independence from British colonialism.

The reverse of the coin features a Springbok Antelope bouncing across the plains. Inscriptions include the text the year, weight and the purity. The legal tender face value is displayed as 1 Rand (R1).

2023 Silver Krugerrand Featues:

  • Minted from one troy ounce of .999 fine silver.
  • Obverse design featuring former president Paul Kruger
  • The reverse design showcases the sprinkbok antelope
  • Sovereign coin backed by the government of South Africa
  • IRA Approved.

The Silver Krugerrand is one of the most cost-competitive government bullion coin. The Kruggerand is often one of the lowest premium and cheapest government coins. 

In 1967 the South African Gold Krugerrand became the first ever bullion coin exclusively for investors. 

In 2017, the Silver Krugerrand made its debut with proof finish. Only 1 million coins were minted and quickly sold out and led to the establishment of this annual bullion series.

South Africa is part of BRICS, a group of five countries considered to be the leading emerging world economies.

2023 1 oz Silver Krugerrand Coin Specifications

Weight 1 oz
Country South Africa
Type Sovereign Government Bullion
Mint South African Mint
Year 2023
Classification Modern
Face Value R1
Purity .999 fineness
Diameter 38.70 mm
Thickness 2.84 mm
Edge Reeded tracks prices from some of the most trusted and reputable online bullion dealers to help find the lowest prices on 2023 1 oz Silver Krugerrand Coin.

The silver prices on our site for coins and bullion are updated hourly and adjusted with silver spot price. We give you the tools to compare prices of silver coins from well-reviewed bullion dealers.

Comparing prices for 2023 1 oz Silver Krugerrand Coin across multiple bullion dealers is the best way to pay the lowest price.

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Shop other silver bullion and coins from South Africa.