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The 1992 South African Silver R2 coin commemorates the new, advanced minting technology at the South African Mint and often depicts abstract circular designs, winning an international award for its design. It's typically 1 oz of 92.5% sterling silver, comes in proof quality with a low mintage (around 6,688 for the proof version), and features the Coat of Arms on the obverse with the date and country names, making it a collectible piece alongside the standard circulation coins of that year.
Key Details:
Theme: New South African Mint Technology.
Metal: 92.5% Silver (Sterling Silver).
Weight: 33.626 grams (approx. 1 oz).
Diameter: 38.7 mm.
Edge: Reeded.
Obverse (Front): South African Coat of Arms, "South Africa / Suid Afrika," date "1992," and designer initials "ALS".
Reverse (Back): Abstract circular designs symbolizing minting processes, with the denomination "2 RAND".
Mintage: Low mintage for the proof version (around 6,688), making it more collectible than the standard circulating coins.
Awards: Won an international design award.
Presentation: Often found in protective capsules or mint packaging.
Significance:
This coin is notable as one of the first commemorative silver R2 coins issued by the South African Mint, celebrating technological advancement in coin production and marking South Africa's return to global sporting events like the Olympics