Krugerrand coinage is so named through the combination of the man whose effigy appears on the obverse and the national fiat currency of south.
Silver krugerrand 2018 mintage.
Below are the mintage figures for the america the beautiful quarters and america the beautiful silver bullion coins.
S san francisco mint.
Earlier mintages before 2000 may reflect production figures for the year and not true mintage figures as production may have continued into the new year to complete the order from the previous year.
D denver mint.
The following is a brief history of the krugerrand story from the discovery of gold in south africa over 130 years ago to the minting of the first gold krugerrand in 1967 and now to the first ever silver krugerrand bullion coin which launched in 2018.
Other differences include the striking of the coins and the mintage.
The south african gold krugerrand was the world s first modern bullion gold coin and collectors have long desired a silver issue.
Targeting a mintage of one million units the south african mint had initially planned the launch of the silver krugerrands for december 2016.
Last year s coin had a 1 million coin mintage but the new 2018 1 oz silver south african krugerrand coin will be struck to meet demand from investors just as its gold bullion counterpart is treated.
Due to its popularity the proof quality silver coin makes a return in 2018.
P philadelphia mint.
The 2017 coin as a commemorative issue had a limited mintage of only 1 million coins.
W west point mint.
The coin will have an unlimited mintage and be linked to the current silver spot price and rand dollar exchange rate which will give investors exposure to the spot silver.
Rand refinery sales graphs reflect yearly sales only.
The 2018 bullion silver krugerrand will give south african investors an affordable means to allocate a portion of their investment portfolios to physical precious metals.
Dates on the coins are not taken into consideration.
Silver twist on the iconic kruggerand to celebrate the 50th anniversary in 2017 the south african mint introduced 1 oz silver krugerrands in both uncirculated and proof finishes.
The 1oz silver proof krugerrand was first released in 2017 as part of the 50th anniversary range.
It strikes legal coinage on behalf of the south african reserve bank and the gold krugerrand coin program is one of its most famous and fruitful programs.