Up until 2017, the Krugerrand was synonymous with GOLD, but the SA Mint issued the first Krugerrand struck in silver to honor the 50 year anniversary. 2018 was the first year they issued a traditional bullion coin. The 2017 50th Anniversary coin was a "specimen" finish and a "50th" privy mark above the Springbok along with a published mintage of 1 million coins.
The SA MINT encountered numerous difficulties striking the coins. The official release date kept being pushed back, which delayed the millions of people around the globe their opportunity to finally add the famous Krugerrand to their collection. A lot of collectors and investors simply don't have the budget to afford gold so when this silver version of the coin people associate with gold and wealth was a reality the demand was going to exceed almost any supply. Finally after months of delays they got it perfected but were only able to issue less than 800,000.
I know all of this because I worked for the company that had the exclusive distribution rights in the U. And I literally was asked about the availability for them every day for months.That coin, like this one is a no brainer. As time goes by these will only become most sought after. The 2020 2-OZ PROOF has a minuscule mintage of just 10,000! Only 383 will ever exist with this pedigree.
Proof Krugerrands are in a class by themselves. When the gold proofs (usually 10,000 struck annually) were done, people in South Africa weee placed on a waiting list for up to 8 years just for a chance to own one! 2020 2-Oz (1st Ever) Silver Krugerrand in NGC PF70 ULTRA CAMEO FIRST DAY OF ISSUE. Population of only 383 coins which is the lowest of the different varieties--First Day of Production, Early Release, etc.Unfortunately there's a couple of scratches on the NGC holder and NOT ON YOUR COIN. I'm going to do that if I end up keeping this one, although I have others to keep in my collection. I'll consider all REASONABLE OFFERS, and feel free to ask me any questions and good luck.
This item is in the category "Coins & Paper Money\Bullion\Silver\Coins". The seller is "tho3754" and is located in this country: US. This item can be shipped worldwide.