Why add this Specimen 69 First Day of Issue 2017 South Africa 1 oz. Silver Krugerrand with an exclusive Krugerrand label to your collection?
There are many gold and silver bullion coins on the market today, but there is one that started everything. It’s the Gold Krugerrand, which has been issued by South Africa each year since 1967. 2017 marks the 50th anniversary of this historic series and it brings the introduction of a new coin to the table – the 2017 Silver Krugerrand.
This 1 oz. Silver Krugerrand was struck by the South African Mint and is made of .999 fine silver. The release of these coins has been highly anticipated by collectors around the world and ModernCoinMart is the official North American distributor of 2017 Silver Krugerrands. Mintage is limited to only 1,000,000 pieces.
Classic Krugerrand design with a new tone
While 2017 is the first time that a Silver Krugerrand is being issued, the classic design is still present. On the obverse, Paul Kruger is depicted. He was a critical figure in the history of South Africa and also its first President. The Krugerrand is named after him. This design is full of fine details, just take a few moments to observe Paul Kruger’s long beard and hair. There are inscriptions here in 2 languages, “SOUTH AFRICA” in English and the Afrikaans version “SUID-AFRIKA.”
The reverse features a springbok, which is a variety of antelope found commonly in South Africa. However, as you may have noticed from the obverse, these designs are a little sharper than the originals. The South African Mint enhanced the level of detail by taking advantage of modern technology. The landscape behind the springbok is quite impressive and really captures the creature’s environment.
The inscriptions on this side are “KRUGERRAND,” “2017,” “FYNSILWER,” “1 OZ FINE SILVER,” and “R1.” However, if you look just above the springbok’s back a special privy mark can be seen. “50” is shown at the center, while the outer circle is made of “YEAR ANNIVERSARY 1967-2017.”
Specimen 69 First Day of Issue with exclusive Krugerrand label
This coin was shipped directly to the Numismatic Guaranty Corporation (NGC) on its release day, still sealed in the original Mint box. That is why it was eligible for, and received, the elusive First Day of Issue designation. It is only available to coins that are sent for grading on their official release date.
Like other third-party grading services, the team of unbiased professionals at NGC use a grading scale with a maximum of 70. This 2017 1 oz. Silver Krugerrand was awarded the high grade of Specimen 69. That means this coin is nearly perfect, and may even appear flawless when viewed without magnification.
A regular label simply wouldn’t match the significance of this coin. That’s why this specimen has special label to display its grading information. It’s an exclusive Krugerrand label which features a springbok, the South African Mint logo, and the words “FIRST SILVER KRUGERRAND.”
Don’t miss your chance to own a piece of numismatic history. Order your NGC SP69 First Day of Issue 2017 South Africa 1 oz. Silver Krugerrand with an exclusive Krugerrand label from MCM today!
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