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. Some are made of Sterling silver (92.5%) alloyed with copper, just like the British pre-decimal Crown coins, and some are 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); they are called "Crowns" in the "Crown and Tickey" coin sets in which some of them are issued, and are officially denominated as two, five or ten Rands.
This coin, denominated as Five Rands (R 5) is part of the fourth series of South African coloured coins by the South African Mint, which celebrates Africa’s unique natural heritage and depicts various colourful birds and plants. It features a "flame lily" flower.
The 2019 colour coin range illustrates the beautiful fauna and flora of the Kruger to Canyons Biosphere Reserve, situated in the North Eastern section of South Africa which includes two of South Africa’s key tourism sites - the Kruger National Park and the Blyde River Canyon. One of the leading international floral hotspots, the Wolkberg Region, is also included. The Kruger to Canyons Biosphere Reserve is the largest biosphere reserve in South Africa, and the third-largest in the world.
The South African Mint says about the coin: "The African flame lily (Gloriosa superba) grows in the northern and eastern parts of South Africa. It is a perennial climbing herb with tendrils at its leaf tips that coil into nearby bushes, allowing it to use other plants as a support so it can sprawl over rocks and thickets. It produces seeds and also grows from an underground tuber that is able to survive dry seasons, while the creeping shoots die off entirely after fruiting.
The reverse of this coin features a single Gloriosa superba flower, indicating its unique shape and leaves that end in tendrils." |