Buy 2019 South African Silver Krugerrand Coins
The South African Mint had a surprise in store last year when it launched the very first silver coin variant of the world's most traded gold bullion coin. This year, the series continues with the launch of the 2019 1 oz South African Silver Krugerrand Coins. Featuring the iconic designs that have captured the imagination of the precious metals market for over half a century, these silver coins are just as spectacular as their elder gold counterparts.
The Gold Krugerrand made its debut in 1967, rightly establishing itself as the first modern gold bullion coin. Seeing its incredible popularity among both investors and collectors, many governments started planning similar coin programs. However, the Krugerrand still enjoyed a competition-free run until the Royal Canadian Mint finally launched the Canadian Maple Leaf Coin program over a decade later.
Each of these coins contains 1 troy ounce of 0.999 pure silver. Unlike other coins struck by sovereign government mints, the Silver Krugerrands, like all other Krugerrands struck before it, are recognized as legal tender by the South African Reserve Bank without any assigned face value.
On the obverse, the Silver Krugerrand Coin features portrayal of the man after whom it was named – Paul Kruger. He served as the President of South Africa from 1883 to 1902 and was loved by all South African citizens. This image is inspired by the portrait used on the South African Mint's 1892 South African Gold Pond (Pound) Coin.
The reverse of the coin features the iconic and beloved Springbok Antelope, which is the national animal of the country. Moreover, the word Krugerrand is imprinted towards the top of the coin face, a beloved name in the precious metals market today. The year of issue of the coin is also prominently highlighted on this side.
These 2019 1 oz South African Silver Krugerrand Coins offer collectors and investors to stay on top of a coin series that looks poised to be as successful and popular as its gold counterpart. Add the second release under this prestigious series to your portfolio today!