The South African Gold Krugerrand is one of the best-known coins in the world. Introduced in 1967, the Gold Krugerrand was the sole bullion coin offered globally by the South African Mint for 50 years. In 2017, that changed with the first-ever introduction of a Silver Krugerrand coin in “Premium Uncirculated” condition. Right now, 2018 1 oz South African Silver Krugerrand coins in BU condition are available to purchase online from JM Bullion.

Coin Highlights:

• Arrives inside of individual plastic, tubes of 25 coins, or boxes of 500 coins!
• 1st-ever issue of a BU Silver Krugerrand coin!
• Contains 1 Troy oz of .999 pure silver in BU condition.
• Bears a face value of 1 Rand backed by the government of South Africa.
• Obverse depicts the image of Paul Kruger.
• Reverse includes features the national symbol of a Springbok antelope.

Each of these 2018 1 oz South African Silver Krugerrand Coins from the South African Mint is available to you inside of protective plastic. The coins issued here are the first from the mint in silver with a Brilliant Uncirculated condition. The continued issuance of Silver Krugerrands by the South African Mint is a sign of the popularity of this design and coin series beyond the original Gold Krugerrand coins.

The first Gold Krugerrands debuted in 1967, and as part of the South African Mint’s 50th-anniversary celebration in 2017, there were various versions of the Krugerrand coin design issued for investors and collectors to mark the occasion. In addition to the Premium Uncirculated Silver Krugerrands, there were Proof Silver Krugerrand coins and Platinum Krugerrand coins. All of these releases marked firsts for the South African Mint as it had only ever offered the Krugerrand images on the famed gold coin for sale.

On the obverse of the 2018 1 oz South African Silver Krugerrand Coin, you’ll find the image of Paul Kruger. Kruger was a popular figure among the Boers of South Africa during the latter half of the 19th century. He was a military and political leader for the Boers during the Boer Wars between local South Africans of Dutch descent and the British Army. He would later go on to serve as a President of the South African Republic. This left-profile portrait of Kruger is an updated design crafted in 1984 by Otto Schultz.

The reverse side of the South African Silver Krugerrand Coin features the image of a Springbok antelope. The national symbol of South Africa, the Springbok species is found throughout the southern nations of the African continent, with a particularly prominent population living within the boundaries of South Africa. The Springbok design here was also updated in 1984, with the artwork completed by Coert Steynberg.

The South African Mint is the official sovereign mint of South Africa. The mint introduced the Gold Krugerrand in 1967 to promote the vast gold reserves of the nation and to offer a different medium of private gold ownership through gold bullion coins.

If you have any questions, please don’t hesitate to contact JM Bullion. Our customer service team is available at 800-276-6508, online using our live web chat, and via our email address.