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South African
Silver Krugerrand

2017 to Present

In 2017, the South African Mint released a Silver Krugerrand to commemorate the 50th Anniversary of the original release of the Gold Krugerrand bullion coin.

In addition, the 2017 Silver Krugerrand was minted in 'Premium Uncirculated' condition, and it had a special privy on the reverse side of the bullion coin celebrating the anniversary.

2017 1oz. Silver Krugerrand Premium Uncirculated Coin

In 2018, after the successful release Anniversary Edition of the Silver Krugerrand, the South African Mint decided to start minting annually the Silver Krugerrand, with the purity of .999 fine silver.

2018 1oz. Silver Krugerrand Bullion Coin

When you compare the 2017 Silver Krugerrand Premium Uncirculated coin with the 2018 Silver Krugerrand bullion coin, you can see the subtle differences.

The first difference is the mirror, proof-like surfaces of Paul Kruger and the Springbok Antelope on the Premium Coin, the other being the lack of the Privy Mark on the 2018 bullion coin.

Both coins are sought after by bullion investors and collectors alike, below, 'click' Where You Can Buy Silver Krugerrand so you can add one or more of these coins to your own portfolio or collection.

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Where You Can Buy Silver Krugerrand
from one of our Reputable Dealers

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Design of the
South African Silver Krugerrand

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Obverse

The obverse side of the South African Silver Krugerrand displays the portrait of Paul Kruger.

"SUID~AFRIKA" is inscribed along the inner perimeter of the silver bullion coin.

The language is Afrikaans, the native language of South Africa.

In addition, the English pronunciation "SOUTH AFRICA" is also inscribed on obverse side of the silver coin.

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Reverse

The Reverse side of the Silver Krugerrand features the Springbok Antelope, one of the national symbols of South Africa.

Coert Steynberg who was a renowned South African sculptor, and medallist, who worked in stone, marble, bronze, copper and wood, designed the reverse side of the coin.

His initials "CLS" can be found directly above the word "SILVER" under the antelope.

"KRUGERRAND" is inscribed along the top of the coin.

The year of issue is shown broken in half and displayed on both sides of the Springbok.

Inscribed at the bottom are the words "FYNSILWER 1OZ FINE SILVER" representing the Silver Krugerrand's weight and purity, in both the Afrikaans and English languages.

In addition, unlike the Gold Krugerrand, the Silver Krugerrand displays its Face Value of "R1" representing "1 Rand" on its reverse side.

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History of the
Gold Krugerrand

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The Gold Krugerrand is the World's most circulated gold bullion coin.

The bullion coin gets its name from the popular four-term President of the old Republic of South Africa, Paul Kruger 1883 - 1900 (pictured), and the Rand, the South African currency.

In 1966, the South African Reserve Bank, gave authorization to the Rand Refinery Ltd. to manufacture gold blanks and the South African Mint to strike the blanks into Krugerrand gold bullion coins.

The first coins were minted in 1967.

For the first 3 years of production, the South African Mint only minted 40,000 of the Gold Krugerrand each year, they didn't start to mass produce the Krugerrand in until 1970.

In the 1970's and 1980's, South Africa's policy of apartheid brought along economic sanctions against the country which made the Krugerrand an illegal import in many Western countries.

In 1994, South Africa abandoned apartheid, shortly after the sanctions were lifted, the Krugerrand regained its status as one of the world's leading gold bullion coin.

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2017
1 oz. Silver Krugerrand
Coin Information

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Introduction:.........2017

IRA Approved:.......Yes

Grade:..................Premium Uncirculated

Face Value:...........R1 - One Rand

Silver Content:......1 troy oz. (ozt.)

Total Weight:........31.103 grams

Purity:..................0.999

Diameter:.............38.725mm

Thickness:............2.84mm

Designers:............Otto Schultz (obverse) & Coert Steynberg (reverse)

Mint Mark:............No

Privy Mark:...........Yes (1967 - 2017 50 Year Anniversary)

Edge:...................Reeded

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2018 to Present
1 oz. Silver Krugerrand
Coin Information

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Introduction:.........2018

IRA Approved:.......Yes

Grade:..................Uncirculated

Face Value:...........R1 - One Rand

Silver Content:......1 troy oz. (ozt.)

Total Weight:.........31.103 grams

Purity:...................0.999

Diameter:..............38.70mm

Thickness:.............2.84mm

Designers:.............Otto Schultz (obverse) & Coert Steynberg (reverse)

Mint Mark:.............No

Privy Mark:............No

Edge:....................Reeded

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1oz. S. African Silver Krugerrand
Mintage Figures:

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Year       Mintage

2017........1,000,000....Premium Uncirculated 50th Anniv. Edition

2018........na

2019........na

2020........na

2021........na

2022........na

2023........na

na = not available

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