Description
- Manufacturer: South African Mint
- Pure gold content: 31.103g (1 Troy Oz)
- Fineness: 999.9
- Dimensions: 38.70mm Diameter
The 2024 South African Krugerrand 1oz Silver Coin bears the same iconic design as the gold coin; the portrait of Paul Kruger, president of the old South African Republic, on the obverse.
The reverse of the South African Krugerrand 1oz Silver Coin features the Springbok Antelope, along with the 2024 year-date and silver weight.
Other Information
This is the seventh year the South African Mint has released a silver Krugerrand bullion coin. The gold Krugerrand was first minted in 1967 by the South African Mint, and the name ‘Krugerrand’ comes from the name of the president at the time; Paul ‘Kruger’, and the unit of currency of South Africa the ‘Rand’.
After its conception at the end of the ’60s, the gold Krugerrand was being minted at a rate of approximately 40,000 units per year, this continued to grow until 1978 when a record-breaking 6 million coins were produced.
Silver is subject to VAT at the standard rate of 20%.
This coin fits the 39mm coin capsule as featured below.
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