Krugerrand
The Krugerrand is a South African gold coin, first minted in 1967 to help market South African gold and produced by the South African Mint. The name itself is a compound of Kruger (the former South African president depicted on the obverse) and rand, the South African unit of currency. The iconic Springbok antelope is featured on the reverse.
By 1980 the Krugerrand accounted for 90% of the global gold coin market.
This huge success of the Krugerrand encouraged other gold-producing countries to mint and issue gold bullion coins of their own, including the Canadian Gold Maple Leaf in 1979, the Australian Nugget in 1981, the Chinese Gold Panda in 1982, the American Gold Eagle in 1986, and the British Britannia coin in 1987.
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A Monumental Event 50 Years in the Making -- the FIRST EVER Silver Krugerrand!
To mark the 50th anniversary of the Gold Krugerrand, South Africa has authorized the FIRST EVER production of limited edition one-ounce Silver Krugerrands.
Produced by the award-winning South African Mint, each Silver Krugerrand is an official legal tender, struck in a full ounce of 99.9% pure silver. This Krugerrand bears the same design as the original gold coin.
The dies for these 2017 Silver Krugerrands have been digitally enhanced, producing coins with sharp details, polished gleaming highlights, and satiny frosted shading never before seen on a Krugerrand.
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2017 South Africa 1OZ SILVER KRUGERRAND