Silver Commemorative Krugerrand ?

Discussion in 'Silver Coins' started by megak23d, Oct 23, 2011.

  1. megak23d

    megak23d New Member

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    I picked up a Silver Commemorative Krugerrand at a coin shop today ($34). Does anyone know where these were made? I'm a bit of a noob. After doing a little googling I'm starting to think isn't a real Krugerrand. Any ideas?

    Thanks
     
    megak23d, Oct 23, 2011
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  2. domdolittle

    domdolittle Active Member Silver Stacker

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    Silver Krugerrand

    During the 1980s, a silver Krugerrand was struck; however, this was struck privately. The most common dates that have been seen are the 1982 and 1983 issues, but other dates have been reported. The 1982 issue commemorates the 15th anniversary of the gold Krugerrand, and the 1983 issue commemorates the 16th anniversary of the gold Krugerrand. It is interesting to note that there is no reference to South Africa anywhere on these coins. Like the gold Krugerrand, the silver Krugerrand is traded based on its bullion value. The silver Krugerrand is arranged in coinage alignment, as opposed to the medallic alignment of the gold Krugerrand. Like the gold Krugerrand, the silver Krugerrand also has a milled edge.

    As the word krugerrand is a trademark, it is not correct or legally sound to refer to these silver discs as "silver krugerrands", they are medallions which merely purport to be silver krugerrands, in breach of the intellectual property rights of the trademark owner. It may be noted that there is no indication on these medallions of who issued them.

    The obverse has the portrait of President Kruger in high relief. His name is inscribed as 'STEFANS JOHANNES KRUGER'.

    The reverse depicts Coert Steynberg's pronking springbok design, just like that on the gold Krugerrand. Above the springbok is the inscription 'ONE TROY OZ .999 FINE SILVER' in three lines. Around the design is the inscription 'KRUGERRAND COMMEMORATIVE' and the double dates '1967-1982', '1967-1983' and so on.

    I hope this will help...

    :cool:
     
    domdolittle, Oct 23, 2011
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  3. domdolittle

    domdolittle Active Member Silver Stacker

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    And this from TAX FREE GOLD

    ...

    :cool:

    edit - Tax Free Gold don't allow copying of anything from their website. They have Silver Stackers "blacklisted" as a copyright thief because someone linked to one of their images from here in a trading thread.
     
    domdolittle, Oct 23, 2011
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  4. megak23d

    megak23d New Member

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    Thanks domdolittle. So it's not from the South African Mint but it's still silver right? Just bullion value? So $34 US was ok to pay?
     
    megak23d, Oct 23, 2011
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  5. megak23d

    megak23d New Member

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    megak23d, Oct 23, 2011
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  6. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    Weren't they the enterprising little team who first illegally posted pictures of PM Dragons?
     
    Captain Kookaburra, Oct 23, 2011
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