1 oz Silver Krugerrand 2020 Proof (Mintage: 20,000 | incl. Case)
- Famous design: Kruger and Springbok
- Tradition: from South Africa since 1967
- Highest purity: 999/1,000 fine silver
- Famous designPaul Kruger and the Springbok, South Africa's national animal
- TraditionMinted by the renowned South African Mint in South Africa
- Highest purityOnly one thousandth is not silver, almost completely pure
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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.
Proof
Placed by hand
The proof finish has accompanied the Krugerrand since the very first year of issue: in 1967, 10,000 gold Krugerrands were made in this quality.
For the 2017 anniversary, the South African Mint described its process as follows: the coins are placed by hand and struck several times at lower pressure, so that every detail is transferred flawlessly.
Each coin is then packed by hand and protected in a capsule, so that it stays just as it left the press.
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.
20,000
pieces in the edition
31.1 g fine silver · 999/1,000
· Proof · Case
Issuing country: South Africa. The South African Mint is a wholly owned subsidiary of the South African Reserve Bank.
1 oz Silver Krugerrand 202 Proof: A Brilliant Investment and Collector's Item
- Limited: Low mintage of only 20,000 pieces worldwide
- Growth potential: Higher value appreciation potential due to limitation
- Minting quality: Highest possible minting quality "Proof" (PP)
- Very rare collector's coin / rarity: A must for every collector and investor
- Design: The obverse depicts Paul Kruger, who was President of the South African Republic from 1883 to 1902. The reverse shows South Africa's national animal, the springbok.
- Investment objective: Inflation hedge, value preservation and crisis protection
- Material / fineness: Made from 999/1,000 pure silver
- Manufacturer: The coin is produced by the renowned South African Mint in South Africa.
- Country of origin: South Africa since 1967
- Named after: Paul Kruger and the Rand, South Africa's legal tender since 1961
The "1 oz Silver Krugerrand 202 Proof" is more than just a coin - it is a piece of history, an investment and a work of art. Minted by the renowned South African Mint in South Africa, it combines centuries-old minting tradition with state-of-the-art technology. As part of the famous Krugerrand series, it is a tribute to Paul Kruger, President of the South African Republic from 1883 to 1902, and to the South African Rand, South Africa's legal tender since 1961.
The "1 oz Silver Krugerrand 202 Proof" is a true gem for collectors and investors. With a strictly limited mintage of only 20,000 pieces worldwide, it is a genuine rarity. Its "Proof" (PP) minting quality is the highest possible minting quality and underscores its special value. It is not only a collector's item, but also an investment product with great value appreciation potential.
The Fascination of Silver
The "1 oz Silver Krugerrand 202 Proof" is made from pure silver. Silver has long been known as a store of value and investment product. It is in high demand in industry, particularly in electronics, solar and medical technology. In addition, silver is durable and retains its physical properties over time. It has an intrinsic value due to its industrial applications and is traded worldwide as a commodity. Silver offers portfolio diversification, as it can have a lower correlation to other asset classes such as stocks and bonds.
A Work of Art in Silver
The "1 oz Silver Krugerrand 202 Proof" is not only an investment, but also a work of art. The obverse depicts the likeness of Paul Kruger, President of the South African Republic from 1883 to 1902. The reverse shows South Africa's national animal, the springbok, the heraldic animal of the Republic of South Africa. This exclusive design makes the coin a sought-after collector's item and an attractive investment.
The World of Silver Coins
The "1 oz Silver Krugerrand 202 Proof" is part of the fascinating world of silver coins. It is not only an attractive collector's item, but also a safe haven in uncertain times. With its high purity and limited availability, it is an attractive option for private investors. It is a symbol of wealth and prestige and has a long history as a coinage metal.
The "1 oz Silver Krugerrand 202 Proof" gives you the opportunity to invest in a piece of history while diversifying your portfolio. Seize the opportunity and invest in this exclusive and limited Silver Krugerrand coin.
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