UPDATE (12-14-16)—In a December 5 press release to its distributors, the South African Mint stated that, due to damage to the first shipment of coins, the release of the silver Krugerrand would be delayed.
UPDATE (11-21-16)—GovMint.com has announced that the official release date of the silver Krugerrand will be December 5, 2016. The mintage, released earlier in November, has been set at 1 million.
(Press release)—2017 marks the milestone 50th anniversary of the world’s first modern gold bullion coin: the South African gold Krugerrand. The Krugerrand has been the model for all other bullion coins issued since its 1967 debut. But no South African Silver Krugerrand coin has ever been issued—until now. Its release is expected to be cheered by collectors worldwide as a memorable and affordable way to mark the 50th anniversary of the Krugerrand legacy.
The dies for the 2017 silver Krugerrand have been digitally enhanced through innovative laser-etching technology not available in 1967. The results are razor-sharp detail, highlights, and shading not seen on a Krugerrand coin before. The first 2017 Krugerrands to showcase this technology will be premium Uncirculated silver coins, officially distributed to American collectors exclusively by two companies: GovMint.com and ModernCoinMart.com.
“The Krugerrand is one of the most respected and collected coins of the last century,” said Bill Gale, president of GovMint.com and ModernCoinMart. “We are honored to be named by the South African Mint as the exclusive U.S. distributor for the 2017 premium Uncirculated Silver Krugerrand. It is a fitting tribute to the 50th anniversary of this landmark coin. The Krugerrand legacy truly endures.”
This press release was provided by ModernCoinMart.com. ❑
The headline was corrected on Nov. 12 to remove platinum, which is not mentioned in the press release. Mint News Blog apologizes for the error.