|Coin||Silver Ounce 2018 Nelson Mandela Centenary|
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 one-ounce (1 oz) format. These include silver 1 oz Krugerrands, the Protea series, the Natura series, as well as one-year types that do not fall into a particular series. Initially they were made of Sterling silver (92.5%), but this later changed to 99.9% silver; the Sterling versions are overall heavier though, so they also contain exactly one ounce of pure silver or 1oz Absolute Silver Weight (1.000 oz ASW).
This coin was issued as part of the 2018 Celebrating South Africa coin series, which celebrates milestones and symbols of South Africa’s freedom, democracy and culture. The first coin series in this theme was the 2017 OR Tambo Centenary range.
2018 marks the centenary since the birth of Nelson Mandela; the coins look back at the remarkable stages of Mandela’s life, and his struggle for justice, human rights, and a free and democratic South Africa.
Note that there we also Nelson Mandela coins in the 2018 Protea coin series.
The obverse shows the Coat of Arms of South Africa at centre, dividing the date 2018, with the legend SOUTH AFRICA written around in all the eleven official languages of the country:
Ningizimu Afrika in Zulu,
Aforika Borwa in Tswana,
Afurika Tshipembe in Venda,
Afrika Borwa in Northern Sotho and Southern Sotho,
South Africa in English,
iSewula Afrika in Southern Ndebele,
uMzantsi Afrika in Xhosa,
iNingizimu Afrika in Swazi,
Suid-Afrika in Afrikaans, and
Afrika-Dzonga in Tsonga.
The designer's initials ALS (for Arthur L. Sutherland) are to the left of the Coat of Arms.
This one-ounce silver coin depicts Nelson Mandela as a proud statesman. After spending 27 years in prison, Nelson Mandela was ﬁnally released on 11 February 1990 and elected deputy president of the ANC in the same year. In 1993, he shared the Nobel Peace Prize with President FW de Klerk before making history as South Africa’s first democratically-elected president, in 1994.
Around left on two lines, the anniversary dates 18 JULY 2018 and 18 JULY 1918. Around right on two lines, NELSON MANDELA CENTENARY.
The value and denomination R50 (Fifty Rand) are below left. The mass of the coin and the metal composition, 1 oz Ag 925 Cu 75, are around below right in opposite direction to the other inscription (Ag is abbreviated from Argentum, which means "silver" in Latin and is used internationally on silver bullion coinage; Cu is for copper).
The initials of the die-sinker, PB (for Paul Botes), are inside a grove above Mandela's shoulder and after the Y of CENTENARY. The designer was S Nyoni.
||R50 18 JULY 2018 18 JULY 1918 NELSON MANDELA CENTENARY 1 oz Ag 925 Cu 75
Mintage limited to 10,000 individual proof coins in a presentation folder (issue price R 995), plus 200 coins in a 4-coin set and 500 in a 3-coin set.