1 Oz Silver Krugerrand ?

Never heard of a silver K-Rand before this. The word "commemorative" on the reverse indicates that this is a special medallion and not a coin. The sweet part is that it does show the metal its made of, the weight, and the purity. While none of this is proof of anything, it is good to see it on the medallion itself. My guess is that this medallion is legit but I would want to measure and weigh it to make sure that it has the proper weight for a silver object of this size. If it is what it says it is, it was quite a find at no premium.

Thanks for the input guys!

there are a number of privately minted silver Krugerrands. 1oz like the one you've got there and ~21g versions. Most were minted in 1982-83 to commemorate the 15th-16th anniversary of the gold Krugerrand.

However, these silver rounds are technically not Krugerrands. "Krugerrand" is a trademarked name that is reserved for the use of the South African Mint, and the mint never issued any silver rounds. So, these silver krugers are really just opportunistic products created and traded privately.

But hey, silver's silver (a lot of fakes out there though so might want to check the weight and composition out), and these rounds are pretty nice looking!