The 2023 1 oz Silver Krugerrand is a bullion coin minted in .999 fine silver by the South African Mint.

2023 Silver Krugerrand Highlights

• Contains 1 troy ounce of .999 fine silver
• Limited Mintage
• Brand new, brilliant uncirculated condition
• Guaranteed weight & fineness by the South African Mint
• Quantities of 25 come in unopened mint tube
• Quantities of 500 ship in a mint-sealed box

History
The Krugerrand is a South African gold coin, first minted in 1967 by the South African Mint to help market South African gold. By 1980 the Krugerrand accounted for 90% of the global gold coin market. The name “Krugerrand” is a compound of “Kruger” (the man depicted on the obverse, the 5th President of the South African Republic) and “rand”, the South African unit of currency. In 2017, the South African Mint produced a 50th Year Anniversary Silver Krugerrand in two styles for collectors: Proof Strike in box with certificate of authenticity and “Premium Uncirculated”, both carrying a higher premium than typical bullion investment coins. 2018 marked the first year of issue for the Silver Krugerrand Bullion Strike Coin and made its debut at a price that is more familiar to investors of silver bullion coins produced by government mints.

Design
The obverse of the Krugerrand, depicting the effigy of Paul Kruger, was struck from the original die used in 1892 for the Kruger half-crown coin. The reverse was designed and engraved by Coert Steynberg, a famous South African sculptor, and depicts a prancing springbok, a national symbol.

South African Mint
The history of the South African Mint goes back to the opening of the first state mint in Pretoria in 1892. The current South African Mint came into being in 1941 when the South African government took over the Pretoria branch of the Royal Mint.

Buying Silver Krugerrands
These 2023 Silver Krugerrands are brand new from the South African Mint, stored in mint-sealed boxes until ordered. You may purchase sealed monster boxes of Silver Krugerrands from us or you may order them in any other quantity you’d like. Single and smaller quantities of coins are carefully pulled from a new mint tube with lint-free, white cotton gloves and placed into their own individual coin flips. BGASC always handles your coins with the utmost care and respect, as if we were collecting them ourselves. If you have any questions about these coins or the purchasing process, feel free to call us toll-free and one of our representatives will be happy to assist you.