The 2019 One-Ounce Silver Krugerrand Proof has an extremely limited mintage of only 20,000 - a fraction of the production number for the Premium Uncirculated 2019 Silver Krugerrand. We have an easy checkout process and accept a variety of payment methods. This website uses cookies to improve your experience. It was minted in a copper-gold alloy more durable than pure gold. As always the very best price, service, and shipped quickly", "Silver Krugs are always an excellent addition ..and JM are the best to deal with. Under no circumstances should you make any investment decisions without first consulting with a certified financial advisor. Big 5 Rhino and Krugerrand Proof Set - Silver This two coin set includes a 2020 1oz fine-silver proof Big Five coin featuring a rhino, together with a 1oz fine-silver Krugerrand with a rhino as a privy mark on the reverse. The bullion silver Krugerrand will gives South African investors an affordable means to allocate a portion of their investment portfolios to physical precious metals. Below, you will find a price chart for Gold Krugerrands, including the 1 Troy oz version, fractional sizes, and proof coins. No Will Call pickups permitted.Saturday service not included. These new 1 oz silver coins included a proof version with a low mintage and a Premium Uncirculated version with a mintage cap. Numismatic coins (Proof and Uncirculated finishes) are minted in Philadelphia (P), Denver (D), San Francisco (SF), and West Point (WP). If you did not know, Investor Crate is a full-service bullion retailer and wholesaler that specializes in monthly subscription crates of Gold, Silver, and Platinum bullion. Members from this site want to exchange it: leini21, Nasdaq, numis13006, layflags, Gepard1985, Drpage420, Sedrick, hen3dt, AsRePe, molham1995, mao56, jacoleroux02, Gustrot, Samnu, codypbann, Arvpoc, SteveV, Henksmunten, crodcal, See the details of the coins available for swap, [22], In the 21st century, Krugerrands have received media attention in the United States after anonymous donors have left the valuable coin in the Salvation Army's annual "Christmas Kettle" donation jars in various cities around the country. On the reverse (tails) side of the coin shows a portrait of a Springbok Antelope which is the official South African National animal. Failure to notify us of damage or tampering within 48 hours fromsignatureor delivery date may impact our ability to cover your claim. For a past few days we have been recieving queries whether we buy/sell coins, stamps and currency. The Krugerrands also carry a government back monetary value Rand which is the current currency in use in South Africa (annotated as R1 on the silver variant coin), however, is not annotated anywhere on the gold coin itself. Originally, Silver Pandas were available only as proof coins; bullion pandas didn't . Thank you for signing up with United States Mint! Join Investor Crate Plus Today for Low-Premiums & More. His bust has appeared on countless earlier South African coins, including South African Pound denominations. Please be available and attentive to receive the package when the courier arrives. The global economy had almost completely weened itself off of the gold standard as a result of the Bretton Woods Conference at the end of World War II. Once available only as a gold bullion coin, the South African Krugerrand marked its 50th anniversary in 2017 with the first-ever issue of a silver coin in the series. With gold reaching historic all-time highs of $2,000 an ounce, thats a whopping 120 billion dollars worth of the precious metal. The central motif is a left-facing portrait of President Paul Kruger. Learn how your comment data is processed. We are experiencing high volume of calls and we apologise if you are unable to get through -Please note our showroom is appointment only. Visitors to South Africa can export up to 15 coins by declaring the items to the South African Revenue Service. As of 2019 combination Proof sets were issue with the Commemorative Polymer Putty as mint mark on the front of the Silver Kruger Rand. Analytical cookies are used to understand how visitors interact with the website. The international monetary system would be delineated in US dollars while the United States would continue to back the dollar with gold. Check out our pick some up on our fire sale page. ", "Krugerrands are a classic for a reason. Its nice to see something eye-pleasing. This value is given for information purpose only. A newly released 2020 2 oz Silver Krugerrand has also been released which has been exceedingly difficult to source but if these continue into future mintage runs, these will be an exciting thing to add to the portfolio. It ranges from 0 to 100, 0 meaning a very common coin or banknote and 100 meaning a rare coin or banknote among Numista members. The Krugerrands tremendous success with investors over the next decade inspired other nations to mint their own bullion coins, with the first imitatorsthe Canadian Gold Maple Leaf and the Mexican Gold Libertaddebuting in 1979 and 1981, respectively. ", " Above the Antelope the word KRUGERRAND is displayed. 2017 50oz Proof. JM Bullion fully insures all its shipments. Following immense interest that year in a South African Silver Krugerrand, the new silver coin for sale was introduced as an annual choice for investors starting in 2018. August 26, 2022 To celebrate the 50th anniversary of the introduction of the gold Krugerrand, the South African Mint minted its first-ever 1 oz silver Krugerrand. The back would feature a springbok, a type of antelope and a national symbol of South Africa. While production . This coin is produced in unlimited mintage where the quantity struck is dependent on the market's demands. The South African Mint's first release of a Silver Krugerrand came in 2017. LOW LIMITED EDITION - The South African Mint struck just 20,000 One-Ounce Silver Krugerrand Proofs in 2020, a number far too low for all the people in the . Quantities are measured in terms of production figures when referring to circulating coins, sales figures for numismatic products, and mintage figures for bullion. All UPS 7 fedEx shipments ship with a No Will Call restriction, meaning the package cannot be picked up from a UPS or FedEx location. By 1980 the Krugerrand accounted for 90% of the global gold coin market. Please read this section of the Terms and Conditions carefully. Frequencies show the percentage of Numista users who own each year or variety among all the users who own this coin. Unlike the Gold Krugerrand, the Silver Krugerrand has an announced denomination of 1 Rand, the official currency of the Republic of South Africa. In fact, the South African Mint has announced that these Silver Krugerrand Proofs are already sold out! These cookies will be stored in your browser only with your consent. Numista does not buy or sell coins or metal. Polymer Putty - https://en.numista.com/catalogue/pieces175782.html. $71,785.25 (-5.73) We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. The combination sets consists of a Silver Kruger Rand with a mint mark corrosponding to the Silver Two Rand in the set. In many years, specific Krugerrand issues were produced only as proofs. As a result, mintages for proofs have in some cases been higher than for bullion strikes. If you have taken possession of a damaged or tampered package, please save all packaging and contact JM Bullion at1-800-276-6508 within 48 hours for further instructions. Limited mintage of only 250 pcs worldwide! Declared mintage. When it comes to the design, the 2018 Silver Krugerrand features the same obverse and reverse images from the Gold Krugerrand. Other inscriptions include SUID AFRICA and SOUTH AFRICA with a small diamond in between. The monster box has 20 tubes containing 25 coins each. . Please feel free to reach out to JM Bullion with your questions. KRUGERRAND 19 74 CLS FYNGOUD 1 OZ FINE GOLD Engraver:Coert Steynberg Edge Reeded Mints Comments The obverse is unsigned (no engraver's initials) but it is adapted from the original design of Otto Schultz by Tommy Sasseen. South Africas world-renowned Rand Gold Refinery (also known as the South African Mint) has produced prized gold bullion coins for decades. description. Manufacturer: South African MintPure silver content (grams): 31.1035Fineness: 999.0Dimensions: 38.7mm Diameter x 2.84mm Thick. If you pay with a credit/debit card, it depends on your order history. Here is the link to the Two Rand. On the side of and below the Antelope are the mintage year, metal type, purity, and government-backed face value. 2017 Proof Krugerrand Prestige Set (6 coin), 2017 Proof Krugerrand Fractional Set (4 coin), 2017 Proof Krugerrand Fractional Set (3 coin), For more information on Coronavirus (COVID-19) please visit the South African governments Covid-19 portal at. Please note that JM Bullion will not be responsible for reimbursements or insurance claims on packages that are successfully delivered as addressed. We only ship to U.S. addresses (including P.O. The 1 oz Silver Krugerrand coin comes imported on pallets of 10,000 ounces worth of coins each pallet. This was a designation from the South African Mint which reflected its use of the highest quality silver and laser-etched designs on the coins. The 2018 1 oz South African Silver Krugerrands are available as traditional, brilliant uncirculated coins as any other annual release. This is the same design as the 2017 one, but without the commemorative logo. USPS is less consistent in both transit time and tracking accuracy. South Africa topped world gold production by the late 1960s. Orders are shipped in inconspicuous packaging via either USPS, UPS or FedEx. . Mintage amounts will be based on customer demand which basically means no real limit set. The left-profile portrait of Kruger is surrounded by the nation of issue in Afrikaans and English as Suid-Afrika and South Africa., Coert Steynbergs 1984 creation of the Springbok antelope, the official symbol of the nation, is featured on the reverse. Please note that insurance on shipments to P.O. The 1 oz Silver Krugerrand is comprised of .999 fine silver and weighs 1 troy ounce or 31.1 grams each. The South African Mint Issues the Silver Krugerrand, Again! 15,000. The cookie is used to store the user consent for the cookies in the category "Analytics". 50. The 2022 One-Ounce Silver Krugerrand Proof has an extremely limited mintage of only 20,000 a fraction of the production number for the Premium Uncirculated 2022 Silver Krugerrand. If you pay via PayPal, your order must ship to a PayPal Verified address. This cookie is set by GDPR Cookie Consent plugin. You can read more about copyright or our advice disclaimer on these links. It is based on a price of silver at 809USD/kg. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. This product is in stock and available to ship. On both the gold, silver, and platinum Krugerrands obverse (heads) side of the coin displays the likeliness of a now controversial figure Paul Kruger Stephanus Johannes Paulus Kruger, a South African president whom fought in the Boer War but more relevantly took part in South Africas version of the gold rush, the Witwatersrand Gold Rush. This led to the founding of Johannesburg also known as the City of Gold. Above the portrait of President Kruger are the words SUID-AFRIKA, and SOUTH AFRICA or South Africa in both Afrikaans and English languages. 3,163. Additionally, the Proof Silver Krugerrand has been available as of 2018. . If the package is delivered, you must notify us within 24 hours. Values in the table above are expressed in USD. The issue limit for these commemorative platinum, gold and silver coins was 2,017 for platinum, 5,000 for gold and 1,000,000 for silver. These cookies ensure basic functionalities and security features of the website, anonymously. We do not ship to U.S. territories. ", " However, during the 1980s and 1990s, Krugerrands fell out of favor as some western countries forbade import of the Krugerrand because of its association with the apartheid government of South Africa. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. The reverse featured a national symbol of South Africa, a springbok. 2-C, Thackar Indl. We recommend you refuse any shipment that appears to be damaged or tampered with as the shipping insurance ends once signed for and/or delivered. Buy coins from South Africa at eBay, Numista type number (https://en.numista.com/help/what-is-the-n-number-visible-in-the-catalogue-33.html). Due to special requirements set by the postal systems, we are unable to ship outside of U.S. states. Note that buybacks are subject to $1,000 minimums as well as possible maximums depending on inventory positions, and require verbal confirmation via phone. Once you contact us, we research the shipment with the carrier and begin the claim process. Essentially, 1 million coins or 22 million dollars worth of bullion moved nearly instantaneously upon release in 2017. It was minted in a copper-gold alloy more durable than pure gold. 1 oz Silver Krugerrand coins are one of the most sought-after silver investment coins on the market today. We will notify you by email once your order ships. Lion - https://en.numista.com/catalogue/pieces175654.html The claims process can take 30 or more days to resolve, and many Lost in Transit shipments end up getting delivered late. Chard (1964) Ltd32-36 HarrowsideBlackpoolLancashireFY4 1RJSatNav Postcode: FY4 1LY, Company No: 01378220VAT No: GB 157 0712 74, South African Gold Krugerrand Coin Technical Information & Specifications. You can also check the current status by logging in to your account or using ourTrack An Orderpage. For credit cards, put the order through with your billing address as the shipping address, and then call us to see if we can change it to an alternate. I have learned a tremendous amount about the different Mints; I am loving these histories and opinion pieces. 2022 South Africa 1 oz silver Krugerrand obverse The Krugerrand was introduced in 1967 as a vehicle for private ownership of gold. https://en.numista.com/catalogue/pieces162441.html, https://en.numista.com/catalogue/pieces175654.html, https://en.numista.com/catalogue/pieces259159.html, https://en.numista.com/catalogue/pieces198309.html, https://en.numista.com/catalogue/pieces278648.html, https://en.numista.com/catalogue/pieces175782.html, 1 oz Silver Krugerrand - 1 Rand (Gold Krugerrand Anniversary), See the details of the coins available for swap, Proof; In combination with R2 Polymer Putty. For the best and most secure experience in our catalog, please update your browser. only 8 grams. ", "Another really beautiful coin! Otto Schultz was an engraver with the Berlin Mint in the 19th century. To celebrate the 50th anniversary of the introduction of the gold Krugerrand, the South African Mint minted its first-ever 1 oz silver Krugerrand. Its worth noting that in 2017 a 1 oz. Investors can purchase single coins, sealed mint tubes containing 25 coins per tube or a "monster box" containing 500 x 1 . Circulating-quality coins (as obtained in banks and retail establishments) are produced at Philadelphia and Denver facilities. Box. Moreover, all your purchases are shipped securely and discreetly, ensuring that both your privacy and your products remain intact. As on the obverse, dentils are pointed inward as they encircle the entire side of the coin. ET (except federal holidays). Other. Join the INVESTOR|CRATE newsletter for giveaways, fire sale updates and other exclusive offers! The 2017 Silver Krugerrand features an improved version of the original. Gold $2,007.73 (-13.01) Silver $25.01 (+0.03) PCGS3000 . It is the first Krugerrands with a face value. Find many great new & used options and get the best deals for 2022 .9999 2 oz. The People's Republic of China was an early adoptee, and their offerings . But opting out of some of these cookies may affect your browsing experience. To mark the 50th anniversary of the South African Krugerrand Series, the Rand Refinery and South African Mint issued two first-ever Silver Krugerrands. The face value of 1 Rand (R1) is fully backed by the South African government. Simply click on the circle next to the shipping method you desire, and your order will be shipped via that method. This cookie is set by GDPR Cookie Consent plugin. Numista does not buy or sell coins or banknotes. On both the gold, silver, and platinum Krugerrands obverse (heads) side of the coin displays the likeliness of a now controversial figure Paul Kruger Stephanus Johannes Paulus Kruger, a South African president whom fought in the Boer War but more relevantly took part in South Africas version of the gold rush, the Witwatersrand Gold Rush. This led to the founding of Johannesburg also known as the City of Gold. Above the portrait of President Kruger are the words SUID-AFRIKA, and SOUTH AFRICA or South Africa in both Afrikaans and English languages. We can ship to such stores including UPS Stores, various mail and packing stores, freight forwarders, etc. Fake Krugerrands or Just Low Gold Content? Find out how rare your Perth Mint bullion coin is by checking mintage and sales figures from 1986. . All information is an extract from NGC Coin Explorer. Unfortunately, due to the way insurance is applied to an order, everything must ship at the same time (i.e., in-stock items must await shipment until all presale items have arrived). The Silver Krugerrand is BU which means it is a bullion un circulated coin and as such will not be shipped with a certificate. * All shipments are fully insured. ADD TO CART. Save my name, email, and website in this browser for the next time I comment. The gold Krugerrand consisted of one troy ounce of 22-karat (.9167 fine) gold, the same fineness used for the British Gold Sovereign, which, until the introduction and ready acceptance of the Krugerrand, was the dominant trade coin around the world. Annual mintage of the 1 oz proof Silver Krugerrand coins is also capped but the cap was raised from 15,000 to 20,000 coins in 2019. You may choose how your order is shipped during the checkout process. The famous South African Krugerrand was known as a gold coin since 1967, it is considered as the first bullion coin. Estate N. M. Joshi Marg, Lower Parel (E), Mumbai - 400 011. I know it shouldnt matter, but when I pull them out to look at? [9], Economic sanctions against South Africa for its policy of apartheid made the Krugerrand an illegal import in many Western countries during the 1970s and 1980s, with the United States, which had historically been the largest market for the coin, banning imports in 1985: the previous year, over US$600 million of Krugerrands had been marketed in the country. Therefore, our shipping insurance does not cover missing packages or items sent to these locations if the tracking shows delivered. The 2018 South African Silver Krugerrand features only the standard obverse and reverse design elements. They can be distinguished from the bullion Krugerrands by the number of serrations on the edge of the coin. The Rand Refinery produces the blanks for the series and the South African Mint strikes the coins for release. On the reverse side of the Krugerrand is a pronking springbok, South Africa's national animal. The inaugural one ounce silver coin was struck by the renowned South African Mint and offered, for the very first time, as a Brilliant Uncirculated bullion coin. You also have the option to opt-out of these cookies. 500. . We sometimes have complete sets of proof Krugerrands in stock. Leopard - https://en.numista.com/catalogue/pieces259159.html The cookie is used to store the user consent for the cookies in the category "Performance". I know it shouldnt matter, but when I pull them out to look at? document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. [10][11][12][13], Over 50 million ounces of gold Krugerrand coins have been sold since production started in 1967. The Bullion Silver Krugerrand has an unlimited mintage and is linked to the current silver spot price and Rand/Dollar exchange rate. Premium w/ COA (#354690085192) m***a (402) - Feedback left . The coin has a vivid coloration and an incredible design. Orders over $1000 will always require a signature for delivery. Theres only a slight change in the design between the two, with the 2017 coin bearing a small mint mark in the background denoting the 50th anniversary of the collection. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". Thank you for visiting us here at Investor Crate. The United States Mint produces circulating coins for commerce, numismatic coins for collectors, and bullion coins for investors. All data given on this page is for information only, we believe some of the mintage figures are unreliable, and are seeking clarification from the South African Chamber of Mines. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Due to the popularity of this release, they have now issued a bullion version to compete with the other main silver bullion coins. Although the basic idea behind Krugerrands was to be purely a bullion coin, we are increasingly asked for particular dates of Krugers. Apart from that, 1 oz platinum 10 rand Krugerrand and new sizes of the gold coin are also being released. When you will receive your order depends primarily on three factors. They are based on evaluations by Numista users and sales realized on Internet platforms. Figures after 1995 are uncertain. The resulting Premium Uncirculated Krugerrand is almost Reverse Proof in appearance. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. 2017 South Africa 1 oz. CoinWeek: Numismatic & Coin Collecting News, Perth Mint Coin Commemorates 150th Anniversary of Overland Telegraph, Emergency Money: A Short History of Siege Coins, CoinWeek Podcast #177: Tom Uram on Coins & Clubs, Stacks Bowers to Offer Mint State 1873-S Open 3 Double Eagle, Gold Coins From Hansen Collection Offered by David Lawrence, Royal Mint UK Reveals Charles III Coronation Coin Range, United States 1972-S Uncirculated Eisenhower Dollar, $200,000 in Dimes Stolen From Truck in Philadelphia: CBS, Its Time to Rewrite the Price Guides for Nice Southern Gold Coins, New Egyptian Gods Coin Series Begins With Goddess Isis. Even the design on coins of varying bullion types remains consistent. The 2018 Silver Krugerrand has an unlimited mintage, allowing the South African Mint to produce the coins to meet demand from investors. The Monster Box contains a total of 20 individual 25-coin tubes. This index is based on the data of Numista members collections. This cookie is set by GDPR Cookie Consent plugin. The antelope is depicted prancing across the plains of southern Africa with Krugerrand engraved above, 2018 split on either side of the antelope, and the weight, metal content, and face value below. The image was designed by Coert Steynberg, and was previously used on the reverse of the earlier South African five shillings (1947-51 and 1953-59) and 50 Cents (1961-64) coin. Quantities are measured in terms of "production" figures when referring to circulating coins, "sales" figures for numismatic products, and "mintage" figures for bullion. This article is for entertainment purposes only and is not intended as investment advice. between scrap and mine production there were over a billion ounces of silver brought into the market last year 761.1 million was mine production 11.5 million net government sales 256.7 million old silver scrap 10.7 million producer hedging figures from : http://www.silverinstitute.org/site/supply-demand/ Tinpot, Jun 24, 2012 #9 + Quote Reply When we receive your payment (checks and wires must be initiated/sent by you). We will update this page accordingly once we receive further information. Please note, comments must be approved before they are published. Vima Kadphises was the ruler of the Kushan Empire and the father of the great ruler Kaniska I. This was part of our first ever PSLV purchase, and we are very impressed with this company. The inscriptions SUID AFRICA and SOUTH AFRICA, separated by a small diamond shape longer than it is tall, wrap clockwise around the rim of the coin, starting in the lower left quadrant of the obverse. Here are the links to the various Five Rand coins. In 1980, South Africa produced 1/2 oz, 1/4 oz and 1/10 oz versions of the coin. As of 2019 combination Proof sets were issue with the Commemorative Polymer Putty as mint mark on the front of the Silver Kruger Rand. The edge of the 2017 silver Krugerrand is reeded. South African sculptor Coert Steynberg designs graced many South African coins in the early and middle parts of the 20th century. Boxes and APO addresses). All rights reserved. By the late 1960s, South Africa was the dominant force in world gold production. Tracking and insurance included on all orders. The coins in this product listing are available inside of individual protective flips. The coin is reeded meaning the edges have stippling which is an old security feature found on nearly all coins to prevent thieves from shaving off small amounts of the precious contents from the edges. Unlike the 2017 Silver Krugerrand, these coins are part of a new legacy which will see the Silver Krugerrand issued on an annual basis. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. All packages shipped by JM Bullion are covered by insurance subject to certain conditions. In addition to the "Premium Uncirculated" issue, 15,000 silver "Proof" krugerrands were also issued as well as "Proof" krugerrands in gold and platinum. This huge success of the Krugerrand encouraged other gold-producing countries to mint and issue gold bullion coins of their own, including the Canadian Gold Maple Leaf in 1979,[16] the Australian Nugget in 1987,[16][17] the Chinese Gold Panda in 1982,[18][19] the American Gold Eagle in 1986,[16][18] and the British Britannia coin in 1987.[16]. The Mexican Mint strictly limits the number of Silver Libertads released, averaging less than one . Taking its name from this portrait, as well as the primary monetary unit of South Africa (the rand), the Krugerrand was born. The mintage limit of the 2017 1 Rand 31.1 g .999 Silver coin is 1,000,000. 1 oz Silver Krugerrand coins are one of the most sought-after silver investment coins on the market today. In general, however, Krugerrand proofs are worth more than the typical gold Krugerrand spot price. 50 million ounces of gold Krugerrands have been sold till now. As of 2019 combination Proof sets were issue with the Big Five as mint mark on the front of the Silver Kruger Rand. Buy 2023 1 oz Silver Queen Elizabeth Britannia's from Guidance Corporation! The proof silver Krugerrand has a limited mintage of 15,000 coins. The mint recently issued the 2018 1 oz South African Silver Krugerrand Coin as an annual-release bullion coin. This is a cutie! Another really beautiful coin! African Bullion is an authorised dealer with the Rand Refinery, the South African Mint and the Austrian Mint. This website uses cookies to improve your experience while you navigate through the website. Family owned and operating for over 35 years, Guaranteed lowest prices! As always the very best price, service, and shipped quickly", " On the front would be a portrait of Paul Kruger, an early 20th-century president of the South African Republic and an important political figure in national history. The 2017 version is made using Computer-assisted technology and laser etching to enhance the dies and create a sharper version of the classic design. We are not financial advisers and we would always recommend that you consult with one prior to making any investment decision. It comes in both Proof and Premium Uncirculated finishes, the process to strike Premium Uncirculated coins being similar to the meticulous handled with care, multiple strike approach the Royal Canadian Mint uses to produce its Specimen finish. The combination sets consists of a Silver Kruger Rand with a mint mark corrosponding to the Silver Two Rand in the set. In 2018, the silver bullion coin was launched. [14], The South African Reserve Bank restricts the exportation of Krugerrands by a South African resident to a non-resident to a maximum of R30,000 (about US$2,100 or 1,870 as of June 2018). After the success of the Krugerrand, many countries created their own bullion coins. For more information, please view our privacy policy. This was part of our first ever PSLV purchase, and we are very impressed with this company. The reverse depicts a springbok, the national animal of South Africa. Numismatic Precious Metal Products: Sales, Sales: Weekdays by 5 p.m. If you are interested in buying a proof Krugerrand, please contact us on 01253 343 081. Production Sales Figures. Thanks, JMB.". The international monetary system would be dependent on dollars the United States dollar would be backed by gold. United States Mint All Rights Reserved. . Copyright 2023 JM Bullion. The 50th anniversary of the gold Krugerrand is celebrated by the South African Mint by releasing its first-ever 1 oz silver Krugerrand after 49 years. The U.S., as well as global investors quickly bought all of the first-year strikes marking the Rand Mints 50th anniversary.