2 oz Silver Krugerrand 2020 Proof (Mintage: 10,000 | incl. Case)
- First Issue: a new chapter
- Two Icons: Kruger and Springbok
- South African Mint: Krugerrand since 1967
- First IssueThe very first issue of the Krugerrand in this denomination
- Two IconsPresident Paul Kruger and the Springbok of Steynberg
- South African MintMinted in South Africa, where the Krugerrand began in 1967
Price alert set
shareKrugerrand · 2020 Issue
The leap that began in 1967.
You are looking at the side with the springbok.
Gold for the hands of ordinary people.
In the late 1960s, around three quarters of the western world’s gold came from South Africa. The Chamber of Mines wanted ordinary people, too, to be able to own gold.
With the Krugerrand, a new kind of coin came into being for this purpose: exactly one ounce of fine gold, with no face value struck on it. Its value was meant to come directly from the gold it contains.
6,012,293
Krugerrand bullion coins were issued in 1978 alone, 187 tonnes of gold in all.
A leap through history
1886
Gold on the Witwatersrand
On the Witwatersrand, the ridge of white water, rich gold deposits are discovered. South Africa’s currency is also named after it: the rand.
1947
The springbok
The sculptor Coert Steynberg draws his springbok in 1946 and 1947. It first appears in 1947 on the 5-shilling coin marking the visit of the British royal family.
1967
The first Krugerrand
On 3 July, commissioned by the South African Reserve Bank and the Chamber of Mines, the South African Mint strikes the first Krugerrand.
1980
Smaller sizes
The half ounce, the quarter ounce and the tenth ounce are added so that smaller sums can also be invested in gold.
2017
Fifty years
For the anniversary, the first silver Krugerrand appears, along with the 1/20 and 1/50 ounce in gold. For these coins, the designers go back to the original wax models and designs.
The motif
The springbok and the president
- The springbok
- South Africa’s national animal in mid-leap. The springbok owes its name to its characteristic leaps. It was designed by the sculptor Coert Steynberg.
- The aloe
- The motif includes an Aloe claviflora, one of South Africa’s best-known aloes. It grows in the dry interior of the country, where the springbok is also at home.
- Fynsilwer
- Below the springbok is the weight in fine silver, framed by FYNSILWER in Afrikaans and FINE SILVER in English. Fynsilwer means fine silver.
- Paul Kruger
- The other side shows Paul Kruger in profile. In 1883 he became president of the South African Republic, also known as the Transvaal. The portrait was created by the die engraver Otto Schultz. According to the South African Mint, it goes back to the Kruger half-crown of 1892.
- The name
- Krugerrand combines the name Kruger with the rand, South Africa’s currency.
The silver
Fine silver with a face value
The silver Krugerrand is struck in fine silver, with a fineness of 999 parts per thousand. Unlike the gold coin, it bears a face value in rand: R1 on the one-ounce coin, R2 and R5 on the larger coins.
Proof
Placed by hand
The proof finish has accompanied the Krugerrand since the very first year of issue: in 1967, 10,000 gold Krugerrands were made in this quality.
For the 2017 anniversary, the South African Mint described its process as follows: the coins are placed by hand and struck several times at lower pressure, so that every detail is transferred flawlessly.
Each coin is then packed by hand and protected in a capsule, so that it stays just as it left the press.
The same leap since 1967.
This issue too.
By its 50th anniversary in 2017, more than 60 million Krugerrands had been sold. The 2020 issue is part of this story, and the story goes on, in your hand and perhaps one day in the hand of someone you pass it on to.
10,000
pieces in the edition
62.21 g fine silver · 999/1,000
· Proof · Case
Issuing country: South Africa. The South African Mint is a wholly owned subsidiary of the South African Reserve Bank.
2 oz Silver Krugerrand 2020 Proof – Exclusive Rarity with Supreme Collector Value
- Limited: Only 10,000 pieces minted worldwide
- Minting quality: Highest quality level Proof
- Growth potential: Enormous value appreciation potential due to strict mintage limit
- Rarity: First 2-ounce issue of the legendary Krugerrand
- Design: Paul Kruger (obverse) and majestic springbok (reverse)
- Investment goal: Perfect for inflation hedging, wealth preservation and crisis protection
- Material: Purest silver with 999/1000 fineness
- Manufacturer: Renowned South African Mint, South Africa
- Origin: South Africa – home of the Krugerrand since 1967
- Named after: President Paul Kruger and the Rand currency
An absolute world premiere awaits you! The silver Krugerrand in the impressive 2-ounce format was minted for the first time in 2020. With a mintage of only 10,000 pieces worldwide, this collector's coin is among the most sought-after rarities on the international coin market.
Masterful Minting Craftsmanship Meets Historic Heritage
The coin is struck in the highest minting quality, Proof – an elaborate production process in which every detail stands out in razor-sharp precision. Presented in an elegant black case with velvet lining, this strictly limited treasure is showcased in a manner befitting its status. The white South African Mint label inside the lid underscores the authenticity of this masterpiece.
"The Krugerrand is more than a coin – it is a symbol of permanence, value preservation and the timeless fascination of precious metals."
Iconic Designs with Deep Symbolic Power
On the obverse, we see Paul Kruger, who guided the destiny of the South African Republic as president from 1883 to 1902. His distinctive profile, framed by the inscription "SUID-AFRIKA - SOUTH AFRICA", gives the coin its unmistakable identity. The reverse depicts South Africa's national animal – a powerfully leaping springbok set against the typical semi-desert landscape. This richly detailed design was created by the renowned sculptor Coert Lourens Steynberg.
Why This Coin Enriches Your Portfolio
As silver coins, the 2 oz Krugerrand 2020 Proof offers exceptional advantages:
- Tax-free profits: After a holding period of at least one year, your sales profits are completely tax-free
- Industrial demand: Silver is indispensable in electronics, solar technology and medicine – demand is continuously rising
- Limited availability: Natural silver resources are finite, promising long-term value stability
- Crisis currency: In uncertain times, silver proves itself as a stable medium of exchange
- Generational wealth: Perfectly suited for long-term retirement planning and wealth transfer
Technical Perfection in Every Detail
With a diameter of 38.70 mm and a fine weight of 31.10 g of pure silver (999/1000), this coin sets new standards. The imprinted face value of 2 Rand makes it the first Krugerrand silver coin with this special feature – the gold versions have carried no face value since 1967. This very low mintage, combined with the first-ever 2-ounce issue, creates an enormous value appreciation potential.
The history of the Krugerrand began in 1967 with the gold version, which went on to become the world's most successful bullion coin. It was not until 2017, for the 50th anniversary, that the first silver version was minted. With the 2020 issue in 2 ounces, the South African Mint writes another chapter in this success story. As a timeless symbol of South Africa's heritage, this rarity combines numismatic excellence with solid investment value.
Your Investment in Lasting Value
Silver has a thousand-year-old tradition as a monetary metal and has been revered by various cultures as a symbol of wealth and prestige. Compared to gold, it is often more affordable, yet offers similar advantages: high liquidity, protection against inflation and political crises, as well as intrinsic value through its physical properties. Rising industrial demand driven by new technologies promises additional potential.
Secure this extraordinary collector's coin now – a perfect symbiosis of numismatic rarity, historical significance and solid investment value. With only 10,000 pieces worldwide, this Proof edition of the 2 oz Silver Krugerrand 2020 is an investment that will make collectors' hearts beat faster while sustainably protecting your wealth.
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