Once you contact us, we research the shipment with the carrier and begin the claim process. The face value of 1 Rand (R1) is fully backed by the South African government. $71,785.25 (-5.73) We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. 3 oz Krugerrand Silver Coin and Bar (2017) The 2017 3oz Krugerrand Silver Coin and Bar has a limited mintage of 5,000 and each silver bar holds the serial numbers #1-100, making it an . From 1977 the proof strike has fine reeding while the uncirculated coin has coarse reeding. On the obverse face of the 2021 1 oz South African Silver Krugerrand Coin is a depiction of Paul Kruger. Due to COVID 19, couriers are not always getting the signature. Family owned and operating for over 35 years, Guaranteed lowest prices! Circulating-quality coins (as obtained in banks and retail establishments) are produced at Philadelphia and Denver facilities. Multiples of the coin are also available inside of a mint tube of 25 coins or Monster Boxes of 500 coins. https://en.numista.com/catalogue/pieces162441.html, https://en.numista.com/catalogue/pieces175654.html, https://en.numista.com/catalogue/pieces259159.html, https://en.numista.com/catalogue/pieces198309.html, https://en.numista.com/catalogue/pieces278648.html, https://en.numista.com/catalogue/pieces175782.html, 1 oz Silver Krugerrand - 1 Rand (Gold Krugerrand Anniversary), See the details of the coins available for swap, Proof; In combination with R2 Polymer Putty. The 1 oz Silver Krugerrand coin comes imported on pallets of 10,000 ounces worth of coins each pallet. It is based on a price of silver at 809USD/kg. To meet this demand, we have therefore attempted to retain at least one of each date in stock. Using the brilliant lustre of the purest silver available, the limited edition silver 1 oz proof features unparalleled gloss that highlights the distinctive Krugerrand design. As always the very best price, service, and shipped quickly", " In many years, specific Krugerrand issues were produced only as proofs. An email notification will be sent when your order ships. Its worth noting that in 2017 a 1 oz. The cookies is used to store the user consent for the cookies in the category "Necessary". Moreover, all your purchases are shipped securely and discreetly, ensuring that both your privacy and your products remain intact. 12,000. You also have the option to opt-out of these cookies. [9], Economic sanctions against South Africa for its policy of apartheid made the Krugerrand an illegal import in many Western countries during the 1970s and 1980s, with the United States, which had historically been the largest market for the coin, banning imports in 1985: the previous year, over US$600 million of Krugerrands had been marketed in the country. Any issues or problems with a shipment MUST be reported to JM Bullion within two (2) calendar days of recorded delivery, else JM Bullion may deny any claim. [4], Most of these sanctions were removed in 1991 after the South African government took steps to end its apartheid policies. The reverse featured a national symbol of South Africa, a springbok. These had very low mintage numbers less than 2,000 for certain 1-ounce coins . South African Krugerrands are available courtesy of the Rand Refinery and the South African Mint. The Krugerrands tremendous success with investors over the next decade inspired other nations to mint their own bullion coins, with the first imitatorsthe Canadian Gold Maple Leaf and the Mexican Gold Libertaddebuting in 1979 and 1981, respectively. The antelope is shown in right-profile relief as it bounds across the plains of South Africa. However please register on our website and do keep visiting our portal for further notifications on such a forum and other important and exciting news/updates. A special 50th-anniversary privy mark can be found in the field between the G in KRUGERRAND and the hind quarters of the springbok. United States Mint All Rights Reserved. Call us at 844-258-2538 or email us at buybacks@jmbullion.com to receive custom bid pricing for this item. The silver Krugerrand is in the same category as the Canadian silver Maple Leaf, Australian silver Kangaroo, and Austrian silver Philharmonic coins. The name "South Africa" and the gold content are inscribed in both Afrikaans and English (as can be seen on the pictures of the coin). These are usually delivered in 1-3 business days once in transit. Available as a gold coin since 1967, it is considered the first of todays generation of modern bullion coins. Limited mintage of only 10,000 coins! Therefore, our shipping insurance does not cover missing packages or items sent to these locations if the tracking shows delivered. The inscriptions SUID AFRICA and SOUTH AFRICA, separated by a small diamond shape longer than it is tall, wrap clockwise around the rim of the coin, starting in the lower left quadrant of the obverse. Essentially, 1 million coins or 22 million dollars worth of bullion moved nearly instantaneously upon release in 2017. [21], 2017 marked the 50th year of issuance (19672017) and to commemorate the anniversary, the South African Mint produced "Premium Uncirculated" versions in gold (.916 or 22 carat) and for the first time also in platinum (.999 fine) and silver (.999 fine). Any redistribution or reproduction of part or all of the contents in any form is prohibited. The obverse featured a portrait of the 20th-century president of the South African Republic Paul Kruger. The gold Krugerrand consisted of one troy ounce of 22-karat (.9167 fine) gold, the same fineness used for the British Gold Sovereign, which, until the introduction and ready acceptance of the Krugerrand, was the dominant trade coin around the world. All rights reserved. South African Mint and the Rand Refinery created the bullion coin after they realised that this system of dollars would end soon and the gold standard would be introduced. Apart from that, 1 oz platinum 10 rand Krugerrand and new sizes of the gold coin are also being released. This 2021 Silver Krugerrand Proof bears the same design as the original gold coin former South African President Paul Kruger on one side and the iconic Springbok antelope on the other. Interestingly, the coin bore no face value; the value of the coin was allowed to float according to the price of gold on the open market. Gold $2,007.73 (-13.01) Silver $25.01 (+0.03) PCGS3000 . The 1 oz variant is 38.7 mm in diameter with a thickness of 2.84 mm. South Africa topped world gold production by the late 1960s. Nothing fancy, just a high-quality, timeless coin. Due to the popularity of this release, they have now issued a bullion version to compete with the other main silver bullion coins. This huge success of the Krugerrand encouraged other gold-producing countries to mint and issue gold bullion coins of their own, including the Canadian Gold Maple Leaf in 1979,[16] the Australian Nugget in 1987,[16][17] the Chinese Gold Panda in 1982,[18][19] the American Gold Eagle in 1986,[16][18] and the British Britannia coin in 1987.[16]. Please note, per our Terms and Conditions, once a package shows delivered, our responsibility ends. ", " Enter your email address and we will send you a link to reset your password. Silver Year of the TIGER Lunar III Perth Mint Sealed LIMITED at the best online prices at eBay! The Krugerrands also carry a government back monetary value Rand which is the current currency in use in South Africa (annotated as R1 on the silver variant coin), however, is not annotated anywhere on the gold coin itself. But opting out of some of these cookies may affect your browsing experience. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. . In the last section of the checkout page, 4 Shipping Method, you will see the available shipping options for your order. [15] Between 1974 and 1985, it is estimated that 22 million gold Krugerrand coins were imported into the United States alone. These cookies will be stored in your browser only with your consent. 2017 5oz Proof. Check out our pick some up on our fire sale page. The coin is so named because the obverse, designed by Otto Schultz,[20] bears the face of Boer statesman Paul Kruger, four-term president of the old South African Republic. Since 2001, more than 10 low-mintage issues would carry a special privy mark. 1/10th oz, 1/4th oz, oz, and 1 oz gold Krugerrands (22-karat) were also banned in the 70s and 80s in many western countries beyond the U.S., due to sanctions stemming from institutionalized systemic racial segregation due to the South African Apartheid policy. The first release of a South African Silver Krugerrand came in 2017. The coins include 1 Troy oz of .999 pure silver for a mass of 31.107 Grams and boast a diameter of 38.725 mm. See also Section 13 of our Terms and Conditions. By 1980 the Krugerrand accounted for more than 90% of the global gold coin market and was the number one choice for investors buying gold. The reverse of the new coin features a springbok, the inscription KRUGERRAND, the 50th anniversary privy mark, FYNSILWER 1 OZ FINE SILVER R1 and the year 2017. 500. The primary visual difference between the BU and Proof Silver Krugerrand is the number of notches . The reverse field of 2021 South African Silver Krugerrands includes an image of the Springbok antelope. As on the obverse, dentils are pointed inward as they encircle the entire side of the coin. The hold periods by payment method are listed in checkout and in your confirmation email. Each coin is hand positioned and pressed several times at a lower weight for immaculate transfer of the detail and true beauty of the Krugerrand. KRUGERRAND 19 74 CLS FYNGOUD 1 OZ FINE GOLD Engraver:Coert Steynberg Edge Reeded Mints Comments The obverse is unsigned (no engraver's initials) but it is adapted from the original design of Otto Schultz by Tommy Sasseen. The Gold Krugerrand debuted in 1967 and was the only gold bullion coin available for private investment for 12 years until the Canadian Gold Maple Leaf was issued in 1979. 2nd issue of 2 oz Proof South African Silver Krugerrands! All UPS 7 fedEx shipments ship with a No Will Call restriction, meaning the package cannot be picked up from a UPS or FedEx location. The 2017 Silver Krugerrand features an improved version of the original. The Mexican Mint strictly limits the number of Silver Libertads released, averaging less than one . ", " 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Estate N. M. Joshi Marg, Lower Parel (E), Mumbai - 400 011. Contains 1 Troy oz of .999 pure silver in BU condition. [22], In the 21st century, Krugerrands have received media attention in the United States after anonymous donors have left the valuable coin in the Salvation Army's annual "Christmas Kettle" donation jars in various cities around the country. Once available only as a gold bullion coin, the South African Krugerrand marked its 50th anniversary in 2017 with the first-ever issue of a silver coin in the series. Mintage of the 2 oz proof Silver Krugerrand that was first issued in 2020 was set at 10,000 pieces. We will update this page accordingly once we receive further information. Please be available and attentive to receive the package when the courier arrives. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. 1. We sometimes have complete sets of proof Krugerrands in stock. Check out some of our bullion boxes below and consider subscribing to start growing your physical precious metal stockpile for the long-term! As of 2019 combination Proof sets were issue with the Big Five as mint mark on the front of the Silver Kruger Rand. Krugerrand Mintages - 1 Ounce Bullion Coins, 2. The 15,000 proof strike versions of 2017 1 oz Silver Krugerrand also had a small 50th-anniversary proof mark on the reverse above the Antelopes back that had a large number 50 surrounded by the words 1967-2017 YEAR ANNIVERSARY. Thank you for signing up with United States Mint! description. LOW LIMITED EDITION - The South African Mint struck just 20,000 One-Ounce Silver Krugerrand Proofs in 2020, a number far too low for all the people in the . 1983 saw the introduction of the relatively tiny 1/20 oz gold coin and the debut of the Silver Panda series. We reserve the right to re-ship your items or refund your money at our discretion. [4][5], Although gold Krugerrand coins have no face value, they are considered legal tender in South Africa by the South African Reserve Bank Act (SARBA) of 1989. Nothing fancy, just a high-quality, timeless coin. Don't miss out on our YouTube channel as well as the South African Mints. The global economy had almost completely weened itself off of the gold standard as a result of the Bretton Woods Conference at the end of World War II. Polymer Putty - https://en.numista.com/catalogue/pieces175782.html. Simply click on the circle next to the shipping method you desire, and your order will be shipped via that method. To celebrate the 50th anniversary of the introduction of the gold Krugerrand, the South African Mint minted its first-ever 1 oz silver Krugerrand. Anticipating both the ultimate end of this system and the gold standard in general (which indeed came in 1971 with the so-called Nixon Shock) and the presumption of private gold ownership in the united Statesnot to mention facing a surplus of gold as a result of its own successthe South African Mint and the Rand Refinery (established in 1920) decided to create a gold bullion coin. Enter your email address and we will send you a link to reset your password. The coins are available in Proof and Premium Uncirculated finishes. Visitors to South Africa can export up to 15 coins by declaring the items to the South African Revenue Service. The resulting Premium Uncirculated Krugerrand is almost Reverse Proof in appearance. .999 Silver Krugerrand GEM 50th Ann. The combination sets consists of a Silver Kruger Rand with a mint mark corrosponding to the Silver Two Rand in the set. If you pay with a credit/debit card, it depends on your order history. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members. You must contact us within 7 days since last tracking for USPS and 3 days since last tracking for UPS. [23][24][25][26], Reagan Bans Imports of S. Africa Krugerrand, "KRUGERRAND LUSTER DIM FOR LOCAL COLLECTORS", Yearbook of the United Nations, Volume 45, "Most South African Sanctions Lifted: ML&B White Paper - Morgan Lewis", "Bush Lifts a Ban on Economic Ties to South Africa", "Global Interest In Silver Investment Expands As South Africa Adds New Silver Krugerrand", "Gold Krugerrands: Buying gold coins - 17 August 2007", Financial surveillance and exchange controls FAQ, "Salvation Army of Tallahassee receives rare South African Krugerrand coin", "Krugerrand dropped into Salvation Army kettle", "For fifth year in a row, mystery person drops a gold coin in Salvation Army kettle", "Gold Krugerrand appears in a Salvation Army red kettle", Gold Ounce (1 oz) Krugerrand, Coin Type from South Africa, https://en.wikipedia.org/w/index.php?title=Krugerrand&oldid=1138001560, This page was last edited on 7 February 2023, at 14:11. Theres only a slight change in the design between the two, with the 2017 coin bearing a small mint mark in the background denoting the 50th anniversary of the collection. Naturally this involves us in extra costs - time, finance, storage, and insurance, so we make what we believe is a reasonable charge to recoup these extra costs. Vima Kadphises was the ruler of the Kushan Empire and the father of the great ruler Kaniska I. We have an easy checkout process and accept a variety of payment methods. Thank you for visiting us here at Investor Crate. The 2018 South African Silver Krugerrand features only the standard obverse and reverse design elements. Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. The back would feature a springbok, a type of antelope and a national symbol of South Africa. Manufacturer: South African MintPure silver content (grams): 31.1035Fineness: 999.0Dimensions: 38.7mm Diameter x 2.84mm Thick. South Africas world-renowned Rand Gold Refinery (also known as the South African Mint) has produced prized gold bullion coins for decades. Beneath the design is the inscription FYNSILWER 1 OZ FINE SILVER R1, which designates its weight, precious metal content and in a first for Krugerrands of any kind the face value. On the reverse (tails) side of the coin shows a portrait of a Springbok Antelope which is the official South African National animal. If you have taken possession of a shipment that is damaged and/or is missing items, you have 2 days (48 hours) from the date of delivery to contact us as stated in our Terms and Conditions. It is the first Krugerrands with a face value. The Monster Box contains a total of 20 individual 25-coin tubes. Proof visuals. This was part of our first ever PSLV purchase, and we are very impressed with this company. In 2017, the South African Mint celebrated the 50th anniversary of its popular Krugerrand coinage with the release of a Silver Krugerrand. Buffalo - https://en.numista.com/catalogue/pieces278648.html ", "Another really beautiful coin! The coin has a vivid coloration and an incredible design. It wasnt until 50 years after the Rand Mint struck its first gold Krugerrand coin that they began to produce the silver variant which, as evident in the previous paragraphs, were received with a very warm welcome to silver stackers, silver investors and numismatists alike. It does not store any personal data. No Will Call pickups permitted.Saturday service not included. On the obverse face of the coin is Paul Kruger. If we determine the package is lost or damaged, we file a claim. The mint even offered a Platinum Krugerrand . If you have any questions, please contact us at 800-276-6508, chat with us live online, or email us directly. Note that buybacks are subject to $1,000 minimums as well as possible maximums depending on inventory positions, and require verbal confirmation via phone. The global economy saw a complete downfall after the Bretton Woods Conference at the end of World War II. In 1980, South Africa produced 1/2 oz, 1/4 oz and 1/10 oz versions of the coin. Necessary cookies are absolutely essential for the website to function properly. We will notify you by email once your order ships. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. We can ship to such stores including UPS Stores, various mail and packing stores, freight forwarders, etc. If you have taken possession of a damaged or tampered package, please save all packaging and contact JM Bullion at1-800-276-6508 within 48 hours for further instructions. This list is incomplete. Starting in 1988, they were also available in 1-ounce, 5-ounce, and 12-ounce issues. To date, over 50 million ounces of gold Krugerrands have been sold. For example, the Kruger Rand will have a Buffalo on, and the Five Rand Buffalo will be in the set. We hope to expand on it in the near future. All information is an extract from NGC Coin Explorer. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. The Bullion Silver Krugerrand has an unlimited mintage and is linked to the current silver spot price and Rand/Dollar exchange rate. JM Bullion fully insures all its shipments. Find many great new & used options and get the best deals for 2022 .9999 2 oz. Unlike the 2017 Silver Krugerrand, these coins are part of a new legacy which will see the Silver Krugerrand issued on an annual basis. USPS is less consistent in both transit time and tracking accuracy. We do not ship to U.S. territories. Call us Today . The 2022 One-Ounce Silver Krugerrand Proof has an extremely limited mintage of only 20,000 a fraction of the production number for the Premium Uncirculated 2022 Silver Krugerrand. 50. Krugerrand Mintages - 1 Ounce Proof Coins. This is a rare but well-thought-out feature as most government-issued bullion coins carry a monetary value stamped unto the coin, however, the monetary value is always well below market price and obviously cant fluctuate with market spot price changes. We mask our return address on all packages as to not give away the contents of the package. The Silver Krugerrand is BU which means it is a bullion un circulated coin and as such will not be shipped with a certificate. The issue limit for these commemorative platinum, gold and silver coins was 2,017 for platinum, 5,000 for gold and 1,000,000 for silver. Only numismatic products may be purchased directly from the US Mint. The left-profile portrait of Kruger is surrounded by the nation of issue in Afrikaans and English as Suid-Afrika and South Africa., Coert Steynbergs 1984 creation of the Springbok antelope, the official symbol of the nation, is featured on the reverse. Since some users own several versions, the sum may be greater than 100%. It wasnt until 50 years after the Rand Mint struck its first gold Krugerrand coin that they began to produce the silver variant which, as evident in the previous paragraphs, were received with a very warm welcome to silver stackers, silver investors and numismatists alike. The 2018 Silver Krugerrand has an unlimited mintage, allowing the South African Mint to produce the coins to meet demand from investors. [10][11][12][13], Over 50 million ounces of gold Krugerrand coins have been sold since production started in 1967. Premium w/ COA (#354690085192) m***a (402) - Feedback left . Depending on your payment method, we will hold the order once payment is received and cleared. In terms of numismatics, the collectability of the first issue released in 2017 (if you could get your hands on one) caused the price per coin to nearly double in the weeks following the first imports. South African Gold Krugerrand Price Charts. The design of the Krugerrands obverse was borrowed from the 1892 South African gold pond coin, which was created under contract by Otto Schultz at the Berlin Mint in Imperial Germany because the mint in Pretoria was not ready for production. The international monetary system would be delineated in US dollars while the United States would continue to back the dollar with gold. 1 oz Silver Krugerrand coins are one of the most sought-after silver investment coins on the market today. ", "Krugerrands are a classic for a reason. The 50th anniversary of the gold Krugerrand is celebrated by the South African Mint by releasing its first-ever 1 oz silver Krugerrand after 49 years. The obverse of the new coin is like the 1892 South African gold pond coin featuring a portrait of President Paul Kruger with a long beard, connected sideburns without a moustache. SOUTH AFRICA, Depicts a pronking springbok on the South African savannah along with Krugerrand, the face value, the date, and silver content, Lettering: The mintage limit of the 2017 1 Rand 31.1 g .999 Silver coin is 1,000,000. The edge of the coin is reeded. Where are Silver Krugerrands minted Table of Contents Where are Silver Krugerrands minted How much is the Silver Krugerrand worth What year Krugerrand is worth the most While production . [14], During the bull market in gold of the 1970s, the gold Krugerrand quickly became the primary choice for gold investors worldwide. Each coin is available for individual purchase inside of its own protective packaging, while multiples of 25 are available in tubes and multiples of 500 inside of mint boxes. Please note that there may be some dates which were not issued in the ordinary uncirculated version, but which may be available as proofs. The commemorative issues are distinguished by a '50' privy seal mark above the springbok design on the reverse for the platinum and silver issues and to the right of the springbok design on the gold issues. To mark the 50th anniversary of the South African Krugerrand Series, the Rand Refinery and South African Mint issued two first-ever Silver Krugerrands. Quantities are measured in terms of production figures when referring to circulating coins, sales figures for numismatic products, and mintage figures for bullion. Paper checks take the longest and are held up to five business days after payment clears. Youll also note the 2017 coin is considered Premium Uncirculated. This article is for entertainment purposes only and is not intended as investment advice. Boxes and APO addresses). Another really beautiful coin! 50th Anniversary .999 Fine Silver; Proof Krugerrands; The most obvious similarity between these coins is the appearance. . As of 2019 combination Proof sets were issue with the Commemorative Polymer Putty as mint mark on the front of the Silver Kruger Rand. With gold reaching historic all-time highs of $2,000 an ounce, thats a whopping 120 billion dollars worth of the precious metal. Krugerrands are a classic for a reason. The monster box has 20 tubes containing 25 coins each. The 2020 One-Ounce Silver Krugerrand Proof has an extremely limited mintage of only 20,000 - a fraction of the production number for the Premium Uncirculated 2020 Silver Krugerrand. Distinct from the 50th Anniversary Silver Krugerrand printings, which were higher premium mintages aimed at collectors, these more widely available one-ounce coins promise to be as sound as the Silver American Eagle or the Canadian Maple Leaf. Open Mintages Table South African Gold Krugerrands Pointed dentils surround the entire design. Now though, the South African Mint is reacting to the immense popularity of a Krugerrand coin in a different metal. We pride ourselves in being a non-obligatory, non-contractual service that allows you to subscribe or unsubscribe at any time for any reason without ANY hassle at all. For credit cards, put the order through with your billing address as the shipping address, and then call us to see if we can change it to an alternate.
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