Silver Ounce 2018 Krugerrand, Coin from South Africa - detailed information

Silver Ounce 2018 Krugerrand, Coin from South Africa
CoinSilver Ounce 2018 Krugerrand

The silver one ounce (1 oz) Krugerrand coin is part of the extensive range of Krugerrand coins which has its beginning in 1967 and is produced by Rand Refinery together with the South African Mint. The original (one ounce gold) Krugerrand is the first modern bullion coin.

Initially, the coin was only issued in one format: one ounce of gold; since September 1980, Krugerrands have also become available in three additional smaller sizes containing half ounce of gold, quarter ounce of gold and one tenth of an ounce of gold. In 2017, the Rand Refinery began minting silver versions, which have the same overall design as the gold coin; these are in two ounces silver and one ounce silver.

On the occasion of the 50th anniversary of the coin range in 2017, it was expanded to also include a platinum ounce, a massive fifty ounces (50 oz) gold coin, five ounces (5 oz) gold, two ounces (2 oz) gold, and two fractional mini-coins, twentieth-ounce (1/20th oz) gold and fiftieth ounce (1/50th oz) gold.

Unlike the gold versions, the silver coins have a fixed face value; the silver ounce is denominated as One Rand (R1).

Paul Kruger - depicted on the obverse - was affectionately known as "Oom Paul" (uncle Paul), one of the highest designations anyone can be given in South Africa. His portrait was designed long before the Krugerrand was first minted, and was originally used on Boer coins. When the gold finds in Transvaal gave them the opportunity to start minting their own coins, president Kruger requested a law to found a national bank, which also stated that South African money should be modelled after British money. Since the country did not have a mint, they assigned the task of minting the first Zuidafrikaanse Ponde (South African Pond, or Pound) to the Berlin Mint. Thus Berlin medallist Otto Schultz designed them in 1892 and his effigy of Kruger (adapted by by Tommy Sasseen) is still used today.

The reverse of the Krugerrand, designed by Coert Laurens Steynberg in 1967, shows a Springbok antelope, South Africa's national animal.

The coins are issued as "bullion" (in Brilliant Uncirculated grade) and in Proof grade - in sets and individually boxed.

MintRand Refinery Mint MarkNo mint mark Total Mintageunknown
Obverse
South Africa / Silver Ounce 2018 Krugerrand - obverse photo

The obverse of the 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.

Obverse Inscription SUID-AFRIKA · SOUTH AFRICA
Reverse
South Africa / Silver Ounce 2018 Krugerrand - reverse photo

The reverse shows at its centre a Springbok antelope, the national animal symbol of South Africa, which divides the date: 2018.

Around above, the name of the coin: KRUGERRAND.

Around below, the composition and weight in Afrikaans and English and the face value: FYNSILWER 1 OZ FINE SILVER R1.

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.

Reverse Inscription KRUGERRAND 2018 FYNSILWER 1 OZ FINE SILVER R1
EdgeMilledEdge InscriptionNone
Silver Ounce 2018 Krugerrand: Known varieties
Variety Proof
Images South Africa / Silver Ounce 2018 Krugerrand / Proof - obverse photo South Africa / Silver Ounce 2018 Krugerrand / Proof - reverse photo
Mintage Issued: 15,500
Details

15,000 individually boxed coins, plus 500 coins in sets.

In Set 2018 Krugerrand Fractional 6 Coin Set with Silver, mintage unknown, limited to 500
6 coins: 1/2 oz Gold, 1/4 oz Gold, 1/10 oz Gold, 1/20 oz Gold, 1/50 oz Gold, 1 oz Silver
Silver Ounce 2018 Krugerrand: References to Information Used
SourceEditionAboutLinkNotes
South African Mint Mintage link Proof mintage
All (46) Coins of Country: South Africa, Type: Silver Ounce (1 oz)
Coin NameMintageSymbolLegend
Silver Ounce 2015 Whale unknown Coat of Arms of South Africa SOUTH AFRICA 2015
Silver Ounce 2015 KBR - Land unknown SOUTH AFRICA 2015
Silver Ounce 2015 KBR - Sea unknown SOUTH AFRICA 2015
Silver Crown 2015 Griqua Town - Upper unknown Coat of Arms of South Africa SOUTH AFRICA 2015
Silver Crown 2015 Griqua Town - Lower unknown Coat of Arms of South Africa SOUTH AFRICA 2015
Silver Crown 2015 Steam Trains unknown Coat of Arms of South Africa SOUTH AFRICA 2015
Silver Ounce 2016 Sunbird unknown SOUTH AFRICA 2016
Silver Ounce 2016 Rock-jumper unknown SOUTH AFRICA 2016
Silver Ounce 2016 Disa unknown SOUTH AFRICA 2016
Silver Ounce 2016 Gladiolus unknown SOUTH AFRICA 2016
Silver Crown 2016 CWCBR - Fossils unknown SOUTH AFRICA 2016
Silver Crown 2016 CWCBR - People unknown SOUTH AFRICA 2016
Silver Crown 2016 Dolos unknown Coat of Arms of South Africa SOUTH AFRICA 2016
Silver Ounce 2016 Cheetah unknown Coat of Arms of South Africa SOUTH AFRICA 2016
Silver Ounce 2016 White Shark unknown Coat of Arms of South Africa SOUTH AFRICA 2016
Silver Ounce 2017 Caspian Tern unknown SOUTH AFRICA 2017
Silver Ounce 2017 Blue Crane unknown SOUTH AFRICA 2017
Silver Ounce 2017 Starfish Lily unknown SOUTH AFRICA 2017
Silver Ounce 2017 Yellow Wine Cup unknown SOUTH AFRICA 2017
Silver Ounce 2017 OR Tambo Centenary unknown Coat of Arms of South Africa SOUTH AFRICA 2017
Silver Crown 2017 Heart Transplant unknown Coat of Arms of South Africa SOUTH AFRICA 2017
Silver Ounce 2017 Krugerrand unknown Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Silver Crown 2018 FIFA World Cup 33,000 Coat of Arms of South Africa SOUTH AFRICA 2018
Silver Ounce 2018 Sandgrouse 1,400 SOUTH AFRICA 2018
Silver Ounce 2018 Heron 1,400 SOUTH AFRICA 2018
Silver Ounce 2018 Orange Tritonia 1,400 SOUTH AFRICA 2018
Silver Ounce 2018 Grass Crinum 1,400 SOUTH AFRICA 2018
Silver Ounce 2018 UNESCO - Cape Griffon 850 SOUTH AFRICA 2018
Silver Ounce 2018 UNESCO - Kudu 850 SOUTH AFRICA 2018
Silver Crown 2018 Computed Tomography 1,700 Coat of Arms of South Africa SOUTH AFRICA 2018
Silver Ounce 2018 Nelson Mandela Centenary 10,700 Coat of Arms of South Africa SOUTH AFRICA 2018
Silver Ounce 2018 Krugerrand unknown Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Silver Ounce 2019 Big Five - Elephant 18,000 Coat of Arms of South Africa SOUTH AFRICA BIG FIVE 2019
Silver Ounce 2019 Big Five - Lion 18,000 Coat of Arms of South Africa SOUTH AFRICA BIG FIVE 2019
Silver Ounce 2019 Constitutional Democracy 12,475 Coat of Arms of South Africa SOUTH AFRICA 2019
Silver Crown 2019 Polymer Putty 2,200 Coat of Arms of South Africa SOUTH AFRICA 2019
Silver Ounce 2019 Rise of the Dinosaurs 50,000 RISE OF THE DINOSAURS SOUTH AFRICA MMXIX ARCHOSAURIA
Silver Ounce 2019 Turaco 2,000 SOUTH AFRICA 2019
Silver Ounce 2019 Hornbill 2,000 SOUTH AFRICA 2019
Silver Ounce 2019 Flame Lily 2,000 SOUTH AFRICA 2019
Silver Ounce 2019 Impala Lily 2,000 SOUTH AFRICA 2019
Silver Ounce 2019 Krugerrand unknown Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
Silver Crown 2020 Retinal Cryoprobe 2,200 Coat of Arms of South Africa SOUTH AFRICA 2020
Silver Ounce 2020 Rise of the Dinosaurs 15,000 RISE OF THE DINOSAURS SOUTH AFRICA MMXX ARCHOSAURIA
Silver Ounce 2020 Big Five - Rhino 18,000 Coat of Arms of South Africa SOUTH AFRICA BIG FIVE 2020
Silver Ounce 2020 Krugerrand unknown Paul Kruger by Otto Schultz SUID-AFRIKA · SOUTH AFRICA
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Silver Ounce 2018 Krugerrand: Details
CountrySouth Africa
CurrencyRand
Coin TypeSilver Ounce (1 oz) Krugerrand
Issued2018
SymbolPaul Kruger by Otto Schultz
Face Value1 (x Rand)
Mintageunknown
CurrentYes
Material0.999 Silver
DesignerCoert Steynberg, Otto Schultz
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size (mm)38.7250
Mass (g)31.1070
OCC IDBVYX-OWRC-LPDW-EJZN
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Silver Ounce 2018 Krugerrand: Photos
ImageDetails
Krugerrand - 1 Oz Proof
Copyright: South African Mint
Notes: Proof.
Source
Krugerrand - 1 Oz Proof
Copyright: South African Mint
Notes: Proof.
Source
Krugerrand - 1 Oz Bullion Coin
Copyright: South African Mint
Source
Krugerrand - 1 Oz Bullion Coin
Copyright: South African Mint
Source