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- Rand Refinery: renowned mint
- High purity: 999/1,000 fine silver
- Famous design: Springbok and Kruger
- Rand RefineryMinted in South Africa, with a tradition since 1967
- High purityMade of 999/1,000 fine silver, Brilliant Uncirculated and newly delivered
- Famous designPresident Paul Kruger and the national animal, the springbok
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ShareKrugerrand · 2021 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 2021 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.
The 1 oz Silver Krugerrand 2021: A Shining Investment with History
- Design: The obverse features the portrait of Paul Kruger, President of the South African Republic from 1883 to 1902, while the reverse shows South Africa's national animal, the springbok.
- Investment objective: The coin serves as an inflation hedge, a store of value, and crisis protection.
- Material/fineness: The coin is made of 999/1,000 fine silver, offering a high intrinsic value.
- Manufacturer: The coin is produced by the renowned Rand Refinery in South Africa.
- Country of origin: The coin originates from South Africa, where it has been minted since 1967.
- Named after: The coin is named after Paul Kruger and the South African rand, the country's legal tender since 1961.
As one of the most well-known investment products worldwide, the Silver Krugerrand offers investors and collectors alike an attractive way to invest in silver. In 2021, the coin was minted with a fine weight of 31.10 g and a diameter of 38.70 mm. It carries a face value of 1 rand and stands out for its high fineness of 999/1,000.
An Investment with Potential
The 1 oz Silver Krugerrand 2021 is an ideal investment product for investors seeking a stable and reliable investment. As such, it holds a firm place in the category of silver coins. Thanks to its high fineness and limited availability, it offers long-term value stability. In addition, silver is a metal with high demand in industry, particularly in electronics, solar, and medical technology, which can lead to potentially rising demand.
A Piece of History in Your Hand
The 1 oz Silver Krugerrand 2021 is more than just a bullion coin. It is a piece of history that you can hold in your hand. The coin features the portrait of Paul Kruger, the former President of the South African Republic, on its obverse and South Africa's national animal, the springbok, on its reverse. Both symbols are deeply rooted in South African history, making the coin a true collector's item.
The Quality You Can Expect
The 1 oz Silver Krugerrand 2021 is produced by the renowned Rand Refinery in South Africa and is therefore of the highest quality. It is new and Brilliant Uncirculated, and is delivered in a coin pouch. Please note that silver coins may sometimes show a white haze, commonly known as milk spots. These spots can already be present on coins straight from the mint. Furthermore, silver coins tarnish, which is a chemical process that cannot be influenced.
Conclusion
Whether as an investment product or a collector's item, the 1 oz Silver Krugerrand 2021 offers numerous advantages. It is a stable investment, a piece of history, and a testament to the beauty and value of silver. Take the opportunity and invest in this unique coin.
Product depiction may differ from the final product.