The South African Krugerrand, while famously known for its gold version, also exists as a notable silver bullion coin. Its introduction in silver form came in 2017, marking the 50th anniversary of the gold Krugerrand. This addition expanded the Krugerrand's appeal, attracting a wider range of investors.
The design of the silver Krugerrand mirrors its gold counterpart, featuring two iconic images: the profile of Paul Kruger, the former South African Republic president, on the obverse, and the graceful springbok antelope, South Africa's national animal, on the reverse. This consistent design maintains the Krugerrand's historical significance and recognizability.
The silver Krugerrand is minted with .999 fine silver, ensuring a high level of purity that meets the standards of precious metal investors. This, combined with the established reputation of the Rand Refinery, contributes to the coin's credibility and marketability. While the gold Krugerrand is historically very famous, the silver version has rapidly gained popularity among collectors and investors.