Paul Kruger, the namesake of the Silver Krugerrand Coin, was a significant military and political figure in South Africa. In their battle for independence from England, he was also viewed as a defender of the people.
Krugerrand coins were only available in the gold variety of the coin for the bulk of their existence. However, the first silver edition of the coin was issued by the South African Mint in 2017. This release was quite well received, causing it to become an annual release by the mint.
In 1890, the South African Mint first opened. The country was annexed by the British Empire in 1902 and the mint was discontinued when a new branch of the British Royal Mint took its place.It was not until 1941 that the mint reopened as the South African Mint again during the process in which the nation started to break relations with Britain.
The obverse of the Silver Krugerrand features the likeness of Paul Kruger, President of the South African Republic from 1883-1900. The words “SOUTH AFRICA” are inscribed on this side of the coin in both English and Afrikaans.
On the reverse of the coin the words “KRUGERRAND” and “FYNSILWER 1 OZ FINE SILVER R1” encircle the image of a Springbok Antelope galloping across the open plains with mountains in the distance. The year of issue for the coin is also located on the reverse.
The 2021 Silver Krugerrand is a perfect choice for both silver bullion collectors and investors. Buy with SD Bullion securely, ensuring that you always get the lowest price online, so lock in today at the current value of silver.
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