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The silver R1 series is one of South Africa's most interesting and longest-running coin series. After the introduction of the nickel R1 in 1977, the silver R1 continued to be minted, mostly in proof form, and often featuring beautiful commemorative designs.
The year 1991 saw the introduction of the Protea R1 series, which continues to this day. The Protea series coins are sterling silver (0.925), and has a silver content of 13.875gm, up from the 12.00gm of the prior years.
The 1993 issue features a design commemorating the 200-year history of the banking industry in South Africa. Total mintage for the year was 7,584 coins, including 3,907 proof coins.
The coin on sale is a beautiful proof specimen, graded by the Numismatic Guaranty Corporation (NGC) of the U.S. as a PF69 (out of a possible 70), indicative of nearly flawless quality. The Ultra Cameo designation denotes a coin that has a fully frosted design and completely reflective fields.
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Images are of the actual coin for sale.
Available for collection in Centurion. Please view shipping options for shipping via the The Courier Guy. Postnet-to-Postnet available on request.
