south-africa-2017-item-5
Denomination1 Rand (1 oz Fine Silver)
Country / EmpireSouth Africa
Obverse DesignBust of Paul Kruger, facing left. Inscriptions: "SUID-AFRIKA" (Afrikaans for South Africa) and "SOUTH AFRICA".
Reverse DesignSpringbok antelope, the national animal of South Africa. Inscriptions: "KRUGERRAND", "FYNSILWER 1 OZ FINE SILVER", "R1", and the year "2017".
Historical Context
The Krugerrand was originally introduced in 1967 as a gold bullion coin. The silver version, the 1 oz Silver Krugerrand, was first minted in 2017 to commemorate the 50th anniversary of the gold Krugerrand. It quickly became a popular silver bullion coin, mirroring the success of its gold counterpart.
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