Krugerrand Silver 2017 Coin Production and Investment

The Krugerrand Silver 2017 coin was a significant investment opportunity for those looking to diversify their portfolios. The coin's production was a major undertaking, with a mintage of 1 million coins.

The coin's design was a nod to the classic Krugerrand, with the same iconic image of Paul Kruger, the former President of South Africa, on the obverse. The reverse featured a springbok, the national animal of South Africa.

The Krugerrand Silver 2017 coin was struck from 1 oz of 99.9% pure silver, making it a highly sought-after collectible for bullion enthusiasts.

The coin's silver content and purity made it an attractive investment option for those seeking to hedge against market volatility.

The melt value of a coin is the amount of money it's worth if you were to melt it down and sell the metal for its current spot price. For the 2017 South Africa Silver Krugerrand, this value is $30.69 based on today's silver spot price.

This melt value is determined by the coin's metal content and weight, which in this case is 1 troy ounce of bullion.

The Krugerrand Silver 2017 is a unique and valuable coin. It's issued by South Africa.

Its period of circulation is from 2018 to 2024. This means it will be a non-circulating coin for a limited time.

You can expect it to be made of high-quality silver, with a composition of .999 silver. This is a significant detail for collectors and investors.

The coin's weight is 31.1 grams, which is substantial. This weight is a result of its composition and design.

Its diameter is 38.7 mm, making it a distinctive size. This size is also a result of its design and intended use.

The coin's thickness is 2.84 mm, which is relatively thin. This is a characteristic of the Krugerrand series.

The Krugerrand Silver 2017 has a round shape, which is typical of coins. This shape is a result of its design and minting process.

The technique used to create the coin is milled, which gives it a smooth finish. This finish is a result of the minting process.

The orientation of the coin is medal alignment, which is a unique feature. This orientation is a result of its design and intended use.

Here are the key features of the Krugerrand Silver 2017:

The 2017 Krugerrand Silver coin is a beautiful addition to any collection. The country of origin is South Africa, and it was issued in 2017.

The coin's denomination is 1 Rand, and it's made of .999 Silver, which is a great choice for anyone looking for a high-quality silver coin. The weight of the coin is 31.1 grams, which is substantial.

Here are the coin's key specifications:

The coin's diameter is 38.7 mm, and the edge is reeded, which gives it a nice texture. The obverse designer is Otto Schultz, and the reverse designer is Coert Steynberg.

The 2017 Silver Krugerrand was minted in 'Premium Uncirculated' condition.

The South African Mint released a special privy on the reverse side of the bullion coin celebrating the 50th Anniversary of the original release of the Gold Krugerrand.

In 2018, the South African Mint started minting the Silver Krugerrand annually with a purity of .999 fine silver.

The annual production of the Silver Krugerrand began after the successful release of the Silver Krugerrand's Anniversary Edition in 2017.

The 2017 Silver Krugerrand is a special coin that marks the 50th anniversary of the South African Mint's bullion coin program.

The coin is minted in 'Premium Uncirculated' condition and has a special privy on the reverse side celebrating the anniversary.

Its release was met with great enthusiasm from collectors worldwide, and it was the centerpiece of the South African Mint's World Money Fair exhibition.

The 2017 Silver Krugerrand has a purity of .999 fine silver, making it a highly sought-after collector's item.

Here are the key specifications of the 2017 Silver Krugerrand:

The coin features designs by Otto Schultz (obverse) and Coert Steynberg (reverse), and its melt value is $30.69 based on today's silver spot price.