2019 marks the second year the South African Mint is minting the silver version of the world renowned Krugerrand.
First released in 1967, the original Krugerrand is one of the most successful gold bullion coins ever released, selling in the millions of ounces.
The silver version offers investors an affordable way to acquire high-quality silver that is instantly recognizable by its iconic Krugerrand design, a trusted symbol of purity for over 50 years.
Silver Krugerrands contain 1 troy ounce of 99.9% silver. And, as is tradition, they are legal tender but have no face value. The South African Mint does not fix fiat currency prices to coins. They are intended to trade and be priced solely on the spot price of silver and current market premiums over spot.
The front of the coin features a bust of Paul Kruger, the four-term president of the South African Republic.
The back displays the national symbol of South Africa, the prancing Springbok along with the year-date, weight, and the inscription “fine silver” in English and Afrikaans.
Multiples of 25 come in sealed tubes. Multiples of 500 in sealed mint case.