Description

2023 Silver Krugerrand 1oz .999 Silver Bullion Coin

In celebration of the 50th anniversary of the gold Krugerrand in 2017, the South African Mint produced the first-ever silver coin in the series. 2023 marks the sixth year that the renowned South African Mint has offered this industry legend in a silver variant.

DESIGN

The reverse bears the classic image of South Africa’s national animal, the Springbok Antelope, traversing the ‘veld’ of its homeland. Set within a light, decorative frame, you’ll also find the ‘Krugerrand’ title and the year of issue, along with details of content (shown in Afrikaans and English), weight and denominational value.

The obverse bears the likeness of the final president of the former South African Republic (which later became known as Transvaal), Paul Kruger, who lived from 1825 to 1904. Also on the obverse, within a decorative frame, the South African legend in both Afrikaans and English.

PRESENTATION

Individual coins are presented in a capsule. Multiples of 25 are packaged into Krugerrand tubes with 20 tubes to a monster box (500oz to a monster box).

Technical Specifications

ABOUT THE SOUTH AFRICAN MINT

The South African Mint is responsible for minting all coins of the South African rand on behalf of its owner the South African Reserve Bank. Located in Centurion, Gauteng near South Africa’s administrative capital Pretoria, the mint manufactures coins and planchets for both domestic and international markets. Following the discovery of gold in the South African Republic (causing the 1886 Witwatersrand Gold Rush), the country’s President Paul Kruger decided to establish a national mint. This was established in 1890 and opened on 6 July 1892 in Pretoria.