Description

2017 saw the fiftieth anniversary of the gold Krugerrand and the South African Mint issued a commemorative limited edition proof 1oz Silver Krugerrand. Due to the popularity of this release, they have now issued a bullion version to compete with the other main silver bullion coins. This is the same design as 2017 one, but without the commemorative logo.

The Krugerrand is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. The name is a compound of Paul Kruger, the former President of the South African Republic (depicted on the obverse), and rand, the South African unit of currency.

Sets:
• Premium 50th Anniversary 2 coin set: 1/10 oz Gold, 1 oz Silver
• Vintage 50th Anniversary 5 coin set: 1 oz Gold 1967, 1 oz Gold 2016, 1 oz Gold 2017, 1 oz Silver 2017, 1 oz Platinum 2017
• Fractional 6 coin set with silver: 1/2 oz, 1/4 oz, 1/10 oz, 1/20 oz, 1/50 oz Gold and 1 oz Silver
• Big 5 2 coin set: 1 oz Silver 5 Rand animal (Elephant, Lion, Rhino, Leopard, Buffalo) and 1 oz Silver Krugerrand
• Lunar Lander launch set: a space-themed silver crown and Silver Krugerrand
• Human Eye launch set: Retinal Probe-themed silver crown and Silver Krugerrand

Obverse

Depicts a bust of Paul Kruger left, adapted from the design of Otto Schultz and struck from the original die used in 1892 for the historic Kruger half-crown coin.

Stephanus Johannes Paulus "Paul" Kruger (1825–1904) was one of the dominant political and military figures in 19th-century South Africa, and President of the South African Republic (or Transvaal) from 1883 to 1900. Nicknamed Oom Paul ("Uncle Paul"), he came to international prominence as the face of the Boer cause—that of the Transvaal and its neighbour the Orange Free State—against Britain during the Second Boer War of 1899–1902. He has been called a personification of Afrikanerdom, and remains a controversial and divisive figure; admirers venerate him as a tragic folk hero, while critics view him as the obstinate guardian of an unjust cause.

Engraver: Tommy Sasseen

SUID-AFRIKA · SOUTH AFRICA

Reverse

Depicts a springbok walking right divides date, the gold content in both Afrikaans and English below.

Gold Reef City mint strike (1987-1991) has GRC mintmark between YN of reverse legend and "ground".

The Springbok (Antidorcas marsupialis) is a medium-sized antelope found mainly in southern and southwestern Africa.

The first Springbok appeared as long ago as 1947 as a true South African symbol on the silver crown size coins. The original design is still viewed as one of the best designs in the world. Based on the original artwork of one of South Africa’s famous sculptors, Coert Laurens Steynberg, the Springbok was used on various other South African coins. These were the gold one-pound and ½ pound coins, and later the gold R1 and R2 coins. From 1960 to 1964, the Springbok reappeared on the reverse of the 50c. This prancing buck was also chosen to be the symbol on the Krugerrand from 1967 to date. The Springbok was also depicted on the R1 nickel coins from 1977 – 1990.

Engraver: Coert Laurens Steynberg

KRUGERRAND
20 18
CLS
FYNSILWER 1 OZ FINE SILVER R1

Edge

1 Krugerrand (1 Rand)

1 Ounce
KM# 691
Characteristics
Type Commemorative Issue (Non-circulating)
Material Silver
Fineness 0.999
Weight 31.1 g
Diameter 38.7 mm
Thickness 2.84 mm
Shape round
Alignment Medal
Alt # KM# 637
Mint
South African Mint (SA Mint)

Related coins

1 Ounce

Gold, 33.93 g, ⌀ 32.7 mm