Silver Krugerrands were introduced in 2017 to mark 50 years since the first gold Krugerrand coins were issued. The limited edition coin was a huge success, resulting in the South African government granting the Rand Refinery permission to produce bullion and proof versions of the silver Krugerrand in 2018 and annually so far since.
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Krugerrand Silver Coin
The Krugerrand silver coin, as with the gold variety, features the portrait of Paul Kruger on the obverse of the coin. Kruger was the first president of an independent South Africa; free from colonial British and Dutch rule.
The reverse of the coin bears the national animal of South Africa - the Springbok. This is a common antelope in Southern Africa as a whole, but particularly in South Africa itself.
Silver Krugerrands are minted by the Rand Refinery, and are produced with pure 999 silver. As with their golden counterpart they have become an increasingly popular choice for investors and collectors despite the slightly higher premiums over a UK coin.