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At DEIGOLDANDSILVERCOINS, we specialize in offering competitive prices to individuals who wish to sell South African Silver Krugerrands and other precious metal coins. For decades, these coins have held a special place in the investment world. Originally, the South African Gold Krugerrand popularized personal ownership of gold, and today its silver counterpart also holds significant value. Learn about the Krugerrand’s history and why selling these coins to a trusted gold buyer like us can be a profitable choice.
South Africa is one of the richest regions in the world for precious metals, with vast gold reserves and a long history of mining. In 1967, the South African Gold Krugerrand was first introduced as an official bullion coin of the country, designed as a symbol of wealth and independence. This coin quickly became a global icon, widely sought after by investors.
Between 1967 and 1979, nearly 22 million Krugerrands were imported into the United States before sanctions interrupted trade due to apartheid-era policies. Despite those challenges, the Krugerrand remains highly recognized today.
The obverse displays Paul Kruger, the third president of South Africa, with the inscriptions “Suid-Afrika” and “South Africa.” The reverse depicts the Springbok antelope, the nation’s official animal. These historic design elements make Krugerrands easy to identify, ensuring that when you sell Krugerrands, buyers like DEIGOLDANDSILVERCOINS can quickly authenticate and value them.
In 2017, the South African Mint issued its first Silver Krugerrand, marking a new era for collectors and investors. Initially released as a special edition to celebrate the 50th anniversary of the Gold Krugerrand, this 1 oz .999 fine silver coin carried the same Paul Kruger and Springbok designs as its gold counterpart.
Production was targeted at one million units, with an additional 15,000 proof versions featuring a unique privy mark. If you own one of these 2017 Silver Krugerrands and are considering where to sell silver coins, DEIGOLDANDSILVERCOINS provides accurate evaluations and top-dollar offers.
Unlike other silver bullion coins classified as Brilliant Uncirculated, the 2017 issue was labeled as Premium Uncirculated, thanks to advanced laser etching technology and superior luster. This gives the coin additional appeal in the secondary market.
When you decide to sell Silver Krugerrands, this enhanced detail and finish can often increase their resale value, especially if they remain in pristine condition.
The South African Silver Krugerrand made its debut in 2017 as a special option for investors. Originally, this silver release was not intended to become an ongoing annual issue. It was struck in Premium Uncirculated condition, featured a limited mintage, and was launched to mark the 50th anniversary of the Gold Krugerrand.
However, the overwhelming popularity of the 2017 commemorative edition encouraged the South African Mint to introduce the 2018 South African Silver Krugerrand as a permanent part of its yearly coin program. This marked the first time in history that the iconic Krugerrand design was produced in a metal other than gold.
The 2018 South African Silver Krugerrand Coin contains 1 Troy oz of .999 pure silver in Brilliant Uncirculated (BU) condition. Unlike the gold version, the Silver Krugerrand carries a face value of 1 Rand (R1), which is inscribed on the reverse. Collectors and investors can purchase the coins individually, in tubes of 25, or in monster boxes holding a total of 500 coins.
Alongside the bullion version, the South African Mint also launched the 2018 1 oz Proof Silver Krugerrand as an annual collectible. Both the bullion and proof editions feature the same iconic designs as the Gold Krugerrand. The key distinction lies in the edge notches, with the proof coin showcasing more finely detailed notches than its bullion counterpart.
The 2018 1 oz Proof Silver Krugerrand has a limited mintage of just 15,000 coins. Each coin is presented in a South African Mint commemorative display box and comes with a Certificate of Authenticity (COA). These proofs are struck on specially polished blanks, resulting in frosted design elements set against a brilliant mirror-like background.
Many South African Silver Krugerrands certified by the Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Service (PCGS) have achieved the coveted Specimen 70 (SP70) grade. These coins are often paired with First Release or First Strike labels from the grading authorities, making them highly desirable among collectors.
A 2017 1 oz South African Silver Krugerrand graded SP70 by either NGC or PCGS showcases flawless quality, with full original mint luster and no visible imperfections on any surface.
The First Release and First Strike designations indicate that the coins were submitted for certification within the first 30 days of their official release date, as defined by the South African Mint. This adds further prestige and collectability to each piece.
To commemorate the launch, the South African Mint also issued a celebratory 3 oz silver bar. The reverse of all Silver Krugerrand coins displayed within this unique bar features the iconic Springbok antelope, with inscriptions in both English and Afrikaans, reflecting the cultural heritage of South Africa. The modern versions of these designs were refined in 1984, with Otto Schultz enhancing the portrait of Paul Kruger and Coert Steynberg reimagining the Springbok.
These special Silver Krugerrand coins are presented within a 2 oz silver bar, which depicts a Springbok antelope leaping across the South African plains beneath drifting clouds and a bright sun. The obverse reveals the Krugerrand’s obverse design alongside a herd of antelopes, complete with engravings of “1967 – 2017” and “50th Anniversary.”
In 2019, the South African Mint launched the Big Five Silver Series, a striking collection of bullion coins dedicated to Africa’s most iconic wildlife. The series celebrates five of the continent’s most renowned animals, each represented with a unique design. Every release is struck from 1 Troy oz of .999 pure silver in Brilliant Uncirculated (BU) condition, carries a face value of 5 Rand (R5), and is limited to just 15,000 coins per design.
Obverse Design: Each coin showcases a detailed portrait of the featured animal, with the South African coat of arms positioned beneath it.
Reverse Design: The reverse depicts two close-up facial views of the same animal, aligned so closely that they appear to merge into one another. At the center of the reverse are inscriptions noting the face value, weight, and silver content.
Packaging: Every coin comes in a protective capsule housed within a certificate booklet. The booklet’s cover displays full-color artwork of the animal along with details such as the series name (“The Big 5”), date, animal, weight, and silver content. Inside the tri-fold design, collectors find informative text about the featured animal and release, while the back includes the official Certificate of Authenticity.
Following the overwhelming success of Series I, the South African Mint introduced Series II, retaining the same five animals but presenting them with refined, updated designs to continue the legacy of this popular collection.
Coining in South Africa stretches back to 1892, when Paul Kruger established the first national mint in Pretoria. After years of political change, the modern South African Mint was established in Centurion, Gauteng province, where it continues producing currency and bullion coins in collaboration with the Rand Refinery.
This long history adds to the authenticity and desirability of coins produced there, increasing their value when individuals choose to sell gold and silver coins.
If you are looking for cash for Krugerrands, sell Silver Krugerrands, or find out where to sell South African coins, DEIGOLDANDSILVERCOINS is here to assist. We provide transparent evaluations, quick transactions, and competitive payouts. Our team of experts ensures that each piece is accurately appraised, whether bullion, proof, or certified editions. Contact our team via email or call + (702) 460-5188 to get a professional evaluation.
Customer satisfaction is our priority. Read testimonials to see how we provide fast, reliable, and transparent services for selling Krugerrands silver coins. Our goal is to ensure every seller has a smooth and secure experience.
DEIGoldAndSilverCoins offers over 50 years of trusted expertise in buying, selling, and appraising gold and silver coins in Las Vegas. Backed by certifications from CAC, NGC, PCGS, GIA, and AGL, we ensure every transaction is secure, professional, and rewarding.