Homepage / Bullion Coins: S. African Bullion / South African Krugerrand Silver Coin

South African
Silver Krugerrand

2017 to Present

2017 Silver Krugerrand Privy Mark50th Anniversary Privy

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.

silver krugerrand
silver krugerrand

2017 1oz. Silver Krugerrand Premium Uncirculated Coin

Then in 2018, after the successful release Anniversary Edition of the Silver Krugerrand, the South African Mint decided to start to offer a silver Krugerrand for investors.

The new silver bullion coin has the purity of .999 silver and has the same image of Paul Kruger on the obverse side of the coin and the Springbok Antelope which is one of the national symbols of South Africa

silver krugerrand
silver krugerrand

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, in the navigation section, 'click' the Where You Can Buy section so you can add one or both of these coins to your own collection.

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Design of the
South African Silver Krugerrand


silver krugerrand obv

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.


silver krugerrand rev

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

Coert Steynberg 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.

History of the
Gold Krugerrand

paul kruger

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.


1 oz. Silver Krugerrand

Coin Information


IRA Approved:.......Yes

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

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

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

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




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

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

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


2018 to Present
1 oz. Silver Krugerrand

Coin Information


IRA Approved:.......Yes


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

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

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




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

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

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


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Where You Can
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1oz. S. African Silver Krugerrand
Mintage Figures

Year       Mintage

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


na = not available

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