The South African Mint released its first-ever silver version of the Krugerrand coin in 2017. Given its intense popularity that year among collectors seeking 50th-anniversary Krugerrand coins, the South African Mint decided to make these silver coins for sale a permanent part of the Krugerrand lineup. Now, Silver Krugerrands are available in bullion, proof, gilded, and colorized finishes each year. Today, 2020 1 oz Silver South African Krugerrand Gilded Coins are available to you online at Silver.com.
Coin Highlights:
- Available to ship to you inside of a protective capsule!
- Third annual release of the Silver South African Krugerrand bullion coins!
- Availability of certified coins is limited!
- Consists of One Troy ounce of .999 fine silver in BU condition.
- The face value of 1 Rand (R1) is fully backed by the South African government.
- On the obverse of the coin is Paul Kruger.
- The reverse side features the Springbok antelope.
- Gilded layer of 24-karat gold applied only to select elements on the reverse.
Silver Krugerrands differ from their gold counterparts in one crucial manner. The Gold Krugerrand wasn’t just the first-ever 1 oz gold bullion coin available when it was introduced in 1967, it also became the first gold bullion coin issued without a face value. Though it is legal tender in South Africa, it has never been issued a face value. The Silver Krugerrand, on the other hand, has an assigned face value of 1 Rand marked on the coin.
All of these 2020 1 oz Silver South African Krugerrand Gilded coins are available to you in Brilliant Uncirculated condition. Gilded coins are simply bullion versions from the series that have a thin application of 24-karat gold on certain design elements. These coins ship to you individually inside of protective plastic capsule.
On the obverse face of all 2020 1 oz Silver South African Krugerrand Gilded Coins is an effigy of Paul Kruger. This portrait of the first President of an independent South African Republic was originally created in 1892 and modified in 1967 by Otto Schultz for use on the Krugerrand series.
The reverse of 2020 1 oz Silver South African Krugerrand Gilded Coins bears a design of the Springbok antelope. The national symbol of the Republic of South Africa, the animal is a medium-sized antelope common to the dry grasslands of southwestern and southern Africa. On this side of the coin, you will find the gilded 24-karat gold layer. It features only on the word “Krugerrand,” the split “20” “20” date mark, and the Springbok antelope design in the center of the design field.
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