Some of us started stacking at about the turning point of the coin industry, when there was an upsurge of new coins. Many coins were introduced in 2017.
Among the newest silver bullion coins is the South African Silver Krugerrand. It was a part of the successful Gold Krugerrand Series.
The gold Krugerrand grew rapidly to become the top option for gold investors globally during the 1970s gold boom. Estimates place the number of gold Krugerrand coins imported into the US alone between 1974 and 1985 at 22 million. Other countries that produced gold were inspired to manufacture gold coins by the enormous success of the Krugerrand.
2024 South African Silver Krugerrand Coin (BU)
The 2024 South African Silver Krugerrand Coins' obverse features a bust of Paul Kruger in left profile. On October 10, 1825, Paul Kruger was born in Steynsburg, Cape Colony (now a part of South Africa). He was of German and Dutch ancestry. His enduring dedication to Afrikaner nationalism, the preservation of Boer culture, and independence were formed by his early experiences.
Coin Highlights:
- 7th date in the South African Silver Krugerrand Series.
- Contains 1 Troy oz of .999 pure silver in BU condition.
- The face value of 1 Rand (R1) is fully backed by the South African government.
- On the obverse is a bust of Paul Kruger.
- The reverse features a Springbok antelope.
Source
The 2024 1 oz Silver Krugerrand Coin features a picture of a springbok antelope on its reverse. The Springbok, an antelope species indigenous to the southern regions of Africa, has been featured on South African currency since the 1930s and serves as the official emblem of the contemporary Republic of South Africa.
Source
In celebration of the 50th anniversary of the Krugerrand Series, the Silver Krugerrand was unveiled in 2017.
After its debut in 2017, the silver coin proved so popular that it continued to be included in the annual issue.
I love stacking the Silver Krugerrand since they are never over-priced!
Reference
https://www.britannica.com/biography/Paul-Kruger
https://www.britannica.com/topic/Boer-people
https://www.jmbullion.com/2024-1-oz-south-african-silver-krugerrand-coin/
https://en.numista.com/catalogue/pieces143754.html
https://en.wikipedia.org/wiki/Springbok
These are Silver Coins, Rounds, and Bars I have featured in 2024:
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