For the third year, the South African Mint has produced a 1oz silver bullion version of their famous Krugerrand. These are world renowned silver 1oz coins.
These aren’t to be confused with 2017’s first batch of silver Krugerrands which cost double the price of this silver bullion version.
Each coin is struck by the Rand Refinery of South Africa to 999.0 purity and weighs 1oz. The coin has a face value of one Rand.
The design of the silver Krugerrand will be familiar to anyone interested in gold coins as it’s an exact replica of the famous gold Krugerrand. The front of the coin features the untouched portrait of Paul Kruger, the South African president at the time of the original Krugerrands launch in 1967. Around the portrait are the words ‘Suid-Afrika’ and the English version ‘South Africa’. The reverse of the coin presents the similarly familiar South African Springbok, their native antelope. An ornate edging surrounds the reverse, with written information within that boundary. The wording includes the coin name ‘Krugerrand’, the year of issue, the coin weight and metal.