The 2023 1 oz South African Silver Krugerrand Coin represents everything that makes the Krugerrand so popular. This coin is impressive in .999 fine bullion quality silver. The gold version of the Krugerrand was an icon in the bullion coin industry and this marks only the sixth year it has been offered in silver.
- Made of 1 troy oz. .999 fine silver
- Minted by South African Mint
- Protective plastic coin flip
- Bullion grade uncirculated
- Obverse portrait of former president of South Africa, Paul Kruger with ‘Suid-Afrika’ and ‘South Africa’ inscribed
- Reverse picture of springbok antelope from South Africa with ‘Krugerrand 2023 Fyngoud 1 oz Fine Gold’
The Krugerrand, a legend in the coin industry, is internationally seen as a symbol of prosperity. These coins were minted by the South African Mint starting in 1967 and by 1980 the Gold Krugerrand represented 90% of the global coin market. Other countries, inspired by the success of this coin, began making gold coins. The name ‘Krugerrand’ comes from the last name of the first and only president of South Africa, Paul Kruger, and the South African currency, the rand.
On the obverse side of this coin is a design featuring Paul Kruger facing left. Above his portrait are the words ‘Suid-Afrika’ and ‘South Africa’.
The reverse of the coin shows a springbok antelope prancing across the plains. The springbok antelope is the national animal of South Africa. Above the antelope is ‘Krugerrand’ to the left is ‘20’ and to the right is ‘23’. Below the animal is ‘Fyngoud 1oz. Fine Gold’.
The South African Mint was established over 120 years ago. They quickly became a leading producer of legal tender, bullion, and commemorative, collectible coins. Using state-of-the-art technology, the mint has gone on to make coins for South Africa and a number of coins around the world. Their flagship product, though, is the Krugerrand which is the first and most widely traded coin in the world.
The 2023 1 oz South African Silver Krugerrand Coin is a must-buy for anyone’s collection. You can’t go wrong with a coin that everyone wants and the high-quality silver you want. Get yours today.