South Africa Silver Krugerrand 50th Anniversary Privy Mark 1oz Fine Silver of 2017 PU65 SANGS

PU65 1oz Krugerrand Silver SANGS

A PU65 1oz Krugerrand Silver SANGS is a 1-ounce silver Krugerrand coin that has been graded as Proof Ultra Cameo 65 (PU65) by the South African Numismatic Grading Service (SANGS).

This is a numismatic collector's item, distinct from standard bullion coins

• PU65: A coin grade provided by SANGS.
• • P indicates it is a "Proof" coin, meaning it has been struck with specially prepared, highly polished dies and blanks to create a mirror-like field and frosted design.
  • U stands for "Ultra Cameo," a designation for Proof coins that have a strong, frosty contrast between the devices (the raised design) and the field (the flat surface).
  • 65 is a numerical grade on the Sheldon scale, indicating a high-quality coin with only minor imperfections.
• 1oz Krugerrand Silver: Specifies the coin type. It is the silver version of the famous South African Krugerrand, containing 1 troy ounce of 99.9% pure silver.
• SANGS: Stands for the South African Numismatic Grading Service, the company that authenticated and graded the coin. 

Value and market

As a professionally graded, high-quality proof coin, its value is higher than a standard bullion 1oz silver Krugerrand. The price reflects not only the silver content but also its certified condition, rarity, and appeal to numismatic collectors. 

Appearance

A silver Krugerrand is known for its iconic design.

• Obverse (front): Features a portrait of Paul Kruger, the first president of the South African Republic.
• Reverse (back): Displays South Africa's national animal, the springbok