Silver Two Ounces (2 oz), Coin Type from South Africa

Silver Two Ounces (2 oz), Coin Type from South Africa (issued 2015 - )

Coin Type	Silver Two Ounces (2 oz)

South Africa pioneered modern bullion coinage when it first issued the Krugerrand on 3 July 1967 to help market South African gold; it is the first modern bullion coin and is still issued today.

Gradually, the South African Mint started diversifying the range, first by issuing fractional Krugerrands, then by introducing different designs and metals, such as a silver two-ounce (2 oz) format. These include silver 2 oz Krugerrands, the Natura series, as well as one-year types that do not fall into a particular series. Some are made of Sterling silver (92.5%), and some are 99.9% silver; the Sterling versions are overall heavier though, so they also contain exactly two ounces of pure silver or 2oz Absolute Silver Weight (2.000 oz ASW).

Obverse

The obverse of the Krugerrand coin depicts a portrait of Paul Kruger, President of the South African Republic (or Transvaal) from 1883 to 1900, facing left.

Around above, the legend SUID-AFRIKA · SOUTH AFRICA. Suid-Afrika is the name of South Africa in Afrikaans, which was the only official language of the country apart from English at the time the coins were initially issued.

Coins of the other series are individually described in the listings below.

Obverse Inscription	SUID-AFRIKA · SOUTH AFRICA

Reverse

The reverse of the Krugerrand shows at its centre a Springbok antelope, the national animal symbol of South Africa, which divides the date: [year].

Around above, the name of the coin: KRUGERRAND.

Around below, the composition and weight in Afrikaans and English and the face value: FYNSILWER 2 OZ FINE SILVER R2.

The designer's initials CLS (for Coert Laurens Steynberg) are in the right field between the letters VER of SILVER and the ground under the Springbok.

Coins of the other series are individually described in the listings below.

Reverse Inscription	KRUGERRAND [year] FYNSILWER 2 OZ FINE SILVER R2

Edge	Milled	Edge Inscription	None

Notes

For other coins and bullion products of the same size, see also:
- Australia silver two ounces
- Cook Islands silver two ounces (NCLT) and silver two ounces (bullion)
- Mexico silver two ounces (including the 2oz silver Libertad)
- New Zealand silver two ounces
- Niue silver two ounces (NCLT) and silver two ounces (bullion)
- Saint Helena silver two ounces (NCLT) and silver two ounces (bullion)
- Samoa silver two ounces
- Solomon Islands silver two ounces
- Somalia silver two ounces
- Tuvalu silver two ounces
- United Kingdom silver two ounces

Coin Type: Silver Two Ounces (2 oz) - (6) Coins

Coin Name	Mintage	Symbol	Legend
Silver Two Ounces 2015 Cape Gannet	unknown	Coat of Arms of South Africa	SOUTH AFRICA 2015
Silver Two Ounces 2016 Octopus	unknown	Coat of Arms of South Africa	SOUTH AFRICA 2016
Silver Two Ounces 2020 Krugerrand	10,000	Paul Kruger by Otto Schultz	SUID-AFRIKA · SOUTH AFRICA
Silver Two Ounces 2021 Krugerrand	10,000	Paul Kruger by Otto Schultz	SUID-AFRIKA · SOUTH AFRICA
Silver Two Ounces 2022 Krugerrand	10,000	Paul Kruger by Otto Schultz	SUID-AFRIKA · SOUTH AFRICA
Silver Two Ounces 2023 Krugerrand	10,000	Paul Kruger by Otto Schultz	SUID-AFRIKA · SOUTH AFRICA

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Silver Two Ounces (2 oz): Details

Country	South Africa
Currency	Rand
Sub-types	Silver Two Ounces (2 oz) Krugerrand
From	2015
Face Value	2 (x Rand)
Current	Yes
Material	0.999 Silver
Designer
Technology	Milled (machine-made)
Shape	Round
Orientation	Medal Alignment (Axis 0)
Size
Mass	62.2380 g

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Silver Two Ounces (2 oz), Coin Type from South Africa - detailed information