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Historic design featuring Paul Kruger and springbok- Fine silver for wealth preservation and crisis protection
- Tube of 50 for flexible investments
- Symbolic value: The Silver Krugerrand combines history and prestige with the image of Paul Kruger and the springbok
- Investment security: 999/1,000 fine silver offers protection in uncertain times
- Practical denomination: 50 coins in one tube, ideal for flexible investment strategies and easy wealth transfer
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ShareKrugerrand · 2024 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 2024 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.
50 coins, each with 31.1 g of fine silver.
999/1,000 · Brilliant uncirculated
· Münztube
Issuing country: South Africa. The South African Mint is a wholly owned subsidiary of the South African Reserve Bank.
50 x 1 oz Silver Krugerrand 2023: Your Ideal Crisis Protection
- Design: Features Paul Kruger, the former President of the South African Republic, and South Africa's national animal, the springbok.
- Investment goal: Inflation hedge, wealth preservation and crisis protection
- Material / Fineness: Made from 999/1,000 fine silver, prized for its durability and value stability.
- Manufacturer: Produced by the renowned Rand Refinery in South Africa.
- Country of origin: Proudly produced in South Africa since 1967.
- Named after: Paul Kruger and the South African Rand, legal tender since 1961.
The 50 x 1 oz Silver Krugerrand 2023 coins are an excellent investment for investors seeking crisis protection and inflation hedge. These high-quality silver coins are a reliable way to preserve and grow your wealth, especially in times of economic uncertainty.
The Benefits of Silver as an Investment
Silver is a proven store of value and investment product. It offers a range of benefits that make it an ideal choice for investors. Here are some of the reasons why silver is an excellent choice for your investment strategy:
- It offers protection in times of crisis and helps preserve your wealth during periods of economic uncertainty.
- Silver has high industrial demand, particularly in the electronics, solar, and medical technology sectors, which supports its value stability.
- It is durable and retains its physical properties over time.
- Silver provides diversification for your portfolio, as it often has a lower correlation to other asset classes such as stocks and bonds.
- It is an excellent way to pass on wealth from generation to generation.
The Silver Krugerrand 2023 Coin in Detail
The 50 x 1 oz Silver Krugerrand 2023 coins are Brilliant Uncirculated new stock with a diameter of 38.70 mm. Each coin has a fine weight of 1,555.00 g and a face value of 1 Rand. They are part of the popular Krugerrand series and are produced in South Africa by the Rand Refinery.
The Silver Krugerrand coins are known for their excellent craftsmanship and iconic design. The obverse features Paul Kruger, who served as President of the South African Republic from 1883 to 1902. The reverse shows South Africa's national animal, the springbok, a symbol of the country's rich wildlife and natural beauty.
As part of a product bundle, the 50 x 1 oz Silver Krugerrand 2023 coins are delivered in a coin tube. This makes them a practical and secure way to invest in small denominations of silver.
Silver Krugerrand: A Safe and Profitable Investment
The 50 x 1 oz Silver Krugerrand 2023 coins are an excellent choice for investors seeking safety and returns. With their high fineness and renowned manufacturer, they offer both wealth preservation and potential for future value appreciation.
Whether you are an experienced investor or a newcomer to precious metals, the 50 x 1 oz Silver Krugerrand 2023 coins are an outstanding addition to any portfolio. Invest today and secure your wealth for the future.
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