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2 oz Silver Krugerrand 2024 PP (Mintage: 10,000 | Proof)

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  • Iconic design: the Springbok
  • Minted in South Africa: tradition since 1967
  • Authenticity verified: certificate and case
Item No.: 2240049
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DescriptionSpecifications

Krugerrand · 2024 Issue

The leap that began in 1967.

Side with the springbok in mid-leap, KRUGERRAND above it and the year 2024 to the left and rightSide with the portrait of Paul Kruger and the legend SUID-AFRIKA SOUTH AFRICA

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

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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 2024 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.

Exclusive Elegance for Collectors: The 2 oz Silver Krugerrand 2024 Proof

  • Limited: Low mintage of only 10,000 pieces worldwide

  • Minting quality: Highest possible minting quality "Proof" (PP)

  • Growth opportunities: Higher value appreciation potential due to limited mintage

  • Very rare collector's coin / rarity

  • Design: Historical portrait of Paul Kruger and the iconic Springbok design

  • Investment goal: inflation hedge, value preservation and crisis protection

  • Material / fineness: 999/1,000 pure silver

  • Named after: Paul Kruger and the South African Rand

  • Country of origin: South Africa, the birthplace of the Krugerrand since 1967

The 2 oz Silver Krugerrand coin from the 2024 year of issue in Proof quality (PP) is a true masterpiece of South African minting artistry and a shining highlight for any collector's coin collection. With a strictly limited mintage of only 10,000 pieces worldwide, this coin is a true rarity on the market and offers enormous value appreciation potential.

The 2 oz coin, struck from high-purity silver with a fineness of 999/1,000, combines history and state-of-the-art minting technology to perfection. The Proof (PP) finish, the highest level of coin refinement, gives the coin a mirror-like shine that stands out in any collection and emphasizes the intricate details of the classic design.

The obverse of the coin shows the impressive profile of Paul Kruger, the former president of the South African Republic, while the reverse depicts South Africa's symbol, the Springbok, in all its glory. This iconic coin, minted since 1967, is not only a piece of history but also a symbol of stability and permanence.

As an investment product, the Silver Krugerrand offers numerous advantages. Silver is known for its ability to preserve value and serves as an excellent inflation hedge. In times of currency instability, silver can be used as a medium of exchange, and the high industrial demand, particularly in electronics, solar and medical technology, ensures continuous value stability. The coin is tax-free provided it is held for at least one year, making it an attractive investment.

Each coin is delivered in an elegant case, accompanied by a certificate of authenticity confirming the authenticity and special provenance of this coin. The high gross weight of 62.21 g and the diameter of 50.00 mm make this coin an impressive and valuable object in any collection.

The Krugerrand silver coins are not only invaluable to collectors but also to investors seeking long-term retirement provision and wishing to pass on their wealth from generation to generation. Due to its limited availability and restricted supply, the Silver Krugerrand is an exclusive product that should not be missing from any collection.

The 2 oz Silver Krugerrand 2024 Proof is a piece of living coin history and embodies the values of permanence, beauty and purity. As an investment, as a collector's item, as a legacy – this coin embodies everything that makes silver so valuable and unique.

Experience the magic of silver and secure a piece of South African coin history with the 2 oz Silver Krugerrand 2024 Proof – a strictly limited mintage that is convincing in every respect.

Product depiction may differ from the final product.

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2 oz Silver Krugerrand 2024 PP (Mintage: 10,000 | Proof)
2 oz Silver Krugerrand 2024 PP (Mintage: 10,000 | Proof)
£1,209.66
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