The 1 oz silver proof Krugerrand was first released in 2017, as part of the 50th anniversary range, and now makes a return for the seventh year in a row due to its popularity.

The coin features sharpness of detail afforded by the latest computer-assisted technology and laser etching. The silver Krugerrand bears the denomination of 1 rand (R1), an appropriate value for the nation that introduced the bullion coin to the world for the purpose of making precious metals accessible to the common investor.

The reverse was originally designed and engraved by the famous sculptor Coert Steynberg and features one of South Africa’s national animals, a Springbok, surrounded by the words ‘KRUGERRAND’ and ‘FYNSILVER 1 OZ FINE SILVER R1’. The year of minting is indicated by the numbers ‘20’ and ‘24’ on either side of the animal. Kruger’s bearded profile, originally fashioned by German die cutter Otto Schultz well over 100 years ago, is ringed by the country’s name in two of its 11 official languages, Afrikaans and English: ‘SUID-AFRIKA’ and ‘SOUTH AFRICA’.

The 1 oz silver Krugerrand offers collectors an opportunity to own a piece of the iconic Krugerrand legacy on a low budget. A full troy ounce of 99.9% silver makes it a simple and solid investment.