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- Springbok Design: struck in fine detail
- Fineness 999/1,000: bank-tradable
- Rand Refinery: from South Africa
- Springbok DesignSouth Africa's national animal with visible muscles and fur
- Fineness 999/1,000High-purity precious metal in Brilliant Uncirculated condition
- Rand RefineryRenowned mint behind a series with 50 years of tradition
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ShareKrugerrand · 2020 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 2020 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.
1 oz Silver Krugerrand 2020: A Brilliant Investment
We present to you the 1 oz Silver Krugerrand 2020, an exquisite silver coin that is equally attractive to investors and collectors alike. With its impressive design and high silver fineness, this coin is a shining addition to any portfolio.
Product Features at a Glance
Design: The obverse of the coin features Paul Kruger, the former President of the South African Republic, while the reverse depicts the South African national animal, the springbok.
Investment Purpose: This coin serves not only as an excellent inflation hedge, but also as a means of wealth preservation and crisis protection.
Material / Fineness: Struck from pure silver with a fineness of 999/1,000, this coin offers an outstanding investment opportunity.
Manufacturer: The coin is produced by the renowned Rand Refinery in South Africa.
Country of Origin: As a genuine product of South Africa, the Silver Krugerrand is closely connected to the history and culture of the country.
Named After: The coin is named after Paul Kruger and the South African currency, the Rand.
A Coin with History and Value
The 1 oz Silver Krugerrand 2020 is more than just a coin. It is a piece of history and a symbol of prosperity and prestige. Originally struck in gold, the Krugerrand coin was also issued in silver and platinum in 2017 to mark its 50th anniversary. This step paved the way for a more diverse selection of silver coins that are attractive to both investors and collectors.
Investment and Collector's Item
The 1 oz Silver Krugerrand 2020 is not only a bullion coin, but also a highly sought-after collector's item. It is bankable and perfectly suited for smaller transactions or in times of currency instability. Furthermore, silver is a durable metal that retains its physical properties over time, making this coin an excellent long-term investment.
Protection Against Inflation and Crises
The 1 oz Silver Krugerrand 2020 serves as protection against inflation and political as well as economic crises. While fiat money is based on trust in governments and their ability to preserve value, silver has an intrinsic value due to its physical properties and industrial applications. This makes silver a stable and reliable investment, especially in uncertain times.
Conclusion
Whether you are an investor looking for a solid investment or a collector wishing to expand your portfolio, the 1 oz Silver Krugerrand 2020 is an excellent choice. With its impressive history, attractive design, and high silver fineness, this coin is sure to meet all expectations.
Product depiction may differ from the final product.