Posted on December 13, 2019
One of the most anticipated bullion coin releases each year is the Krugerrand. One of the few coins in the world you can refer to by one word and turn any investor’s head in the process, the long-running South African series is out with its 2020 lineup and it features the usual Gold Krugerrand suspects alongside a growing selection of Silver Krugerrands. Investors and collectors alike are bound to find a coin in this series that meets their desires. Take a look at the 2020 Krugerrands now!
The South African Krugerrand coin design is a symbol of private metal ownership. The Krugerrand’s obverse side includes a left-profile portrait of Paul Kruger, former President of the South African Republic from 1883 to 1900. This Otto Schultz design from 1969 is actually based on an 1892 die-cast for the use in striking South African Pound denominations with his likeness. The reverse of the coins bears the Springbok antelope in right-profile relief.
Once the single best-selling gold coin in the world, the 2020 South African Gold Krugerrand is no slouch even in its 54th year of issue. The South African Mint and Rand Refinery offer the popular Gold Krugerrand in its longstanding 1 oz gold option, along with the 1/2 oz, 1/4 oz, and 1/10 oz gold coins. The latter were introduced in 1980 and have been available in every year since. All 2020 Gold Krugerrand coins are available in Brilliant Uncirculated condition.
First conceived of in 2017, the South African Silver Krugerrand quickly became an annual staple from the South African Mint and Rand Refinery. The popularity of the Premium Uncirculated silver coin issued in 2017 for the 50th anniversary of the Krugerrand series resulted in a 2018 introduction of a standard bullion version of the coin. For a third year, the mint offers the South African Silver Krugerrand coin in 1 oz silver for 2020. Though the coins share the same design as the Gold Krugerrand, one notable difference between the two metals is the issuance of an official face value for the Silver Krugerrand. While none of the gold coins have an assigned face value, you will see the denomination of the silver coin listed as 1 Rand (R1). Again, all coins are available in Brilliant Uncirculated condition.
Though not as visible in some cases as their bullion counterparts, the South African Mint does offer proof versions of the Krugerrand coins in both gold and silver. You will also find unique silver bullion options with gilded and colorized versions released. As you shop the 2020 Krugerrand Series, keep an eye out for the following coins in our catalog:
South African Krugerrands have a way of selling out quickly each year. Our stock of 2020 Krugerrands has just been released, so now is the time to strike. If you have questions, please contact JM Bullion at 800-276-6508, chat with us live online, or email us directly.