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A piece of history and collector's item in one- Inflation hedge with 999 fine silver
- Highest precision from the Rand Refinery
- Historic minting: The 1 oz silver Krugerrand 2018 - a piece of South African history and collector's item
- Robust inflation hedge: With 999/1,000 fine silver, the coin offers value preservation and protection in times of crisis
- Exquisite coin quality: Minted by the renowned Rand Refinery, the Krugerrand promises the highest precision and quality
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ShareKrugerrand · 2018 Issue
The leap that began in 1967.
You are looking at the side with the springbok.
Gold for the hands of ordinary people.
In the late 1960s, around three quarters of the western world’s gold came from South Africa. The Chamber of Mines wanted ordinary people, too, to be able to own gold.
With the Krugerrand, a new kind of coin came into being for this purpose: exactly one ounce of fine gold, with no face value struck on it. Its value was meant to come directly from the gold it contains.
6,012,293
Krugerrand bullion coins were issued in 1978 alone, 187 tonnes of gold in all.
A leap through history
1886
Gold on the Witwatersrand
On the Witwatersrand, the ridge of white water, rich gold deposits are discovered. South Africa’s currency is also named after it: the rand.
1947
The springbok
The sculptor Coert Steynberg draws his springbok in 1946 and 1947. It first appears in 1947 on the 5-shilling coin marking the visit of the British royal family.
1967
The first Krugerrand
On 3 July, commissioned by the South African Reserve Bank and the Chamber of Mines, the South African Mint strikes the first Krugerrand.
1980
Smaller sizes
The half ounce, the quarter ounce and the tenth ounce are added so that smaller sums can also be invested in gold.
2017
Fifty years
For the anniversary, the first silver Krugerrand appears, along with the 1/20 and 1/50 ounce in gold. For these coins, the designers go back to the original wax models and designs.
The motif
The springbok and the president
- The springbok
- South Africa’s national animal in mid-leap. The springbok owes its name to its characteristic leaps. It was designed by the sculptor Coert Steynberg.
- The aloe
- The motif includes an Aloe claviflora, one of South Africa’s best-known aloes. It grows in the dry interior of the country, where the springbok is also at home.
- Fynsilwer
- Below the springbok is the weight in fine silver, framed by FYNSILWER in Afrikaans and FINE SILVER in English. Fynsilwer means fine silver.
- Paul Kruger
- The other side shows Paul Kruger in profile. In 1883 he became president of the South African Republic, also known as the Transvaal. The portrait was created by the die engraver Otto Schultz. According to the South African Mint, it goes back to the Kruger half-crown of 1892.
- The name
- Krugerrand combines the name Kruger with the rand, South Africa’s currency.
The silver
Fine silver with a face value
The silver Krugerrand is struck in fine silver, with a fineness of 999 parts per thousand. Unlike the gold coin, it bears a face value in rand: R1 on the one-ounce coin, R2 and R5 on the larger coins.
The South African Mint produces the bullion coins together with the Rand Refinery. The silver bullion coin has existed since 2018. It has no fixed mintage: as many are struck as the market demands.
The same leap since 1967.
This issue too.
By its 50th anniversary in 2017, more than 60 million Krugerrands had been sold. The 2018 issue is part of this story, and the story goes on, in your hand and perhaps one day in the hand of someone you pass it on to.
31.1 g fine silver · 999/1,000
· Brilliant uncirculated · Coin capsule
Issuing country: South Africa. The South African Mint is a wholly owned subsidiary of the South African Reserve Bank.
Discover the 1 oz Silver Krugerrand 2018
The 1 oz Silver Krugerrand 2018 is more than just a coin. It is a piece of history, an outstanding investment product, and a beautiful collector's item. Minted by the renowned Rand Refinery in South Africa, it is part of the globally recognised and highly regarded Krugerrand series.
The Fascination of the Krugerrand
- Design: The coin features the portrait of Paul Kruger, the former President of the South African Republic, on the obverse. The reverse is adorned with South Africa's national animal, the majestic springbok.
- Investment purpose: It is an excellent instrument for inflation protection, wealth preservation, and crisis protection. Its popularity among investors is undisputed.
- Material / Fineness: The coin has a fine weight of 31.10 g and a fineness of 999/1,000. It is made of high-quality silver, which gives it a special lustre and high value stability.
- Manufacturer: The renowned Rand Refinery in South Africa is responsible for minting the coin. It stands for the highest quality and precision.
- Country of origin: The coin is a genuine piece of South Africa and has been minted there since 1967.
- Named after: The coin bears the name of Paul Kruger and the South African legal tender since 1961, the Rand.
The 1 oz Silver Krugerrand 2018 as an Investment Product
The silver coin is an excellent choice for investors. It offers protection against inflation and crises, has an intrinsic value, and is recognised worldwide as a bullion coin. Furthermore, profits from the sale of silver are generally tax-free, provided the holding period is at least one year.
Design and Details
The coin is distinguished by its unique design and fine details. The obverse features the portrait of Paul Kruger, while the reverse displays the issuing country South Africa and the design of a springbok. The coin has a diameter of 38.70 mm and is in Brilliant Uncirculated (BU) quality.
Silver as a Store of Value
Silver has long been known as a store of value and is traded worldwide as a commodity. It is in high demand in industry and can be used as a medium of exchange. In addition, silver has limited availability and a restricted supply, which leads to long-term value stability.
Conclusion
The 1 oz Silver Krugerrand 2018 is an excellent choice for investors and collectors alike. It offers long-term inflation protection, is recognised worldwide, and features a beautiful design. It is also a piece of history, minted by the renowned Rand Refinery in South Africa. Make it part of your collection or investment portfolio.
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