The Silver Krugerrand was first struck in 2017 as a Premium Uncirculated coin to mark the 50th Anniversary of the sought-after Gold Krugerrand series and marked the first time this iconic design was struck in silver instead of gold. In 2018, the very first Brilliant Unirculated Silver Krugerrand was released, and has been annually ever since.
With so much to offer collectors and bullion enthusiasts, it’s no wonder the Silver Krugerrand has become an annual highlight for numismatists all over the world.
The Silver Krugerrand shares the same iconic design as Gold Krugerrand coins.
The obverse design of the coin features Paul Kruger, the first President of Zar, the Transvaal Province of South Africa. The design was brought to fruition by Otto Schultz, the famous 19th Century German coin designer, die maker, and medalist.
The reverse design of the coin features the Springbok Antelope. The Springbok has long been a symbol for South Africa. The obverse was designed by South African sculptor and artist Coert Steynberg in 1947.
The organization that would become the South African Mint began operations in 1890 when a coining operation was established to strike gold coinage from the Witwatersrand Gold Rush of 1886. In 1923 the South African Mint operated as part of the British Royal Mint system issuing the only Gold Sovereigns struck on the African continent. In 1941 the South African Mint was no longer part of the British system.
In 1967 the mint introduced the Gold Krugerrand bullion coin, and the world changed. The coin dominated the global market for private gold ownership for over a decade. The Gold Krugerrand remains one of the mainstays in the gold bullion coin market today.
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