These 2016 South African Krugerrand 1 oz Gold Coins are graded as MS-68 by PCGS (Professional Coin Grading Service), making them highly collectible among coin collectors.

This high grade is due to the coins having almost no imperfections, which is an impressive feat for bullion coins. Perfect for collectors and investors looking to own an iconic bullion coin, available at low premiums!

Issued by South African Mint & Rand Refinery
22 carat gold (0.9167 fineness)
Contains 1 troy ounce of the precious metal
Exempt from VAT
Diameter: 32.77mm
Weight: 33.93g

Protect your gold investment with a 33mm coin capsule or gift box to ensure your coin remains in great condition.

See our Krugerrand gold coins

Krugerrand Bullion Coins

Gold Krugerrands are produced by the Rand Refinery and the South African Mint. First issued in 1967, the Krugerrand became the most traded one ounce gold coin in the 1980s. The success of this gold bullion coin encouraged major mints all over the world to issue their own 1 oz gold coins.

If you're looking to buy the cheapest Krugerrands, please follow this link to Secondary Market 1 oz Krugerrands.

What Is PCGS Coin Grading?

In the US PCGS stands for "Professional Coin Grading Service" and is marketed as the "standard for the rare coin industry". Dating back to the 80's it was a recognition that the industry needed a standard approach to grading scores and descriptions. The grading follows the Sheldon framework described below under NGC grading.

MS-68 PCGS Grade

PCGS employs a numeric grading system to concisely depict the condition of a coin without any issues. This internationally recognised scale, established in the 1940s, spans from 1 to 70, encompassing various available numeric grades. As the numeric grade ascends, it indicates an enhanced condition of the coin.

PCGS defines a MS/PR-68 grade as:

"Only the slightest weakness in strike with a few tiny imperfections barely visible".

Obverse

The obverse of the Krugerrand features a portrait of Paul Kruger. It was designed by Otto Schultz. The text reads in Afrikaans and English:

SUID-AFRIKA·SOUTH AFRICA

Reverse

The reverse bears the iconic springbok antelope, the national animal of South Africa. The coin bears the inscription:

KRUGERRAND FYNGOUD 1 OZ FINE GOLD

Key Information

Intrinsic Value	£3,354.85
Product ID	19022
Stock Status	In Stock

Product Spec

Metal	Gold
Diameter	32.69mm
Weight/Size	1 Ounce
Gold Weight Troy Ounces	1.0000
Fineness/Carat	0.917 / 22
Date	2016
Obverse Designer	Otto Schultz
Reverse Designer	Coert Steynberg
Mint/Brand	PCGS
Country	South Africa

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Chards Coin and Bullion Dealer offer fully insured delivery, on-site storage facilities and free collections from either of our Blackpool and London showrooms.

As a reputable bullion dealer, we focus on quality and excellent customer service over speedy delivery. We aim to despatch orders within 2 working days, however, during moments of volatility within the market, you may experience delays in despatch. You can find more delivery information, including our latest delivery times, on our delivery page.

Despatch may also be delayed if you have selected products with lead times or we require further documents to verify your identity.

Our chosen couriers:

Royal Mail
DHL
Parcelforce

UK and BFPO

Delivery Option	Est. Delivery Time*
Standard	3 working days
Fully Insured	1 working day

High-Value Deliveries

We also offer a dedicated service for high value orders. Quotes are available upon request. Our high-value logistics partners are:

Malca-Amit
Regency
Loomis
Brinks

* Estimated delivery time is the delivery timescale from the despatch date on your order. We are not responsible for delivery delays once it is with the courier.

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Our specialist insurance through Lloyd's of London covers against any potential risks associated with orders, deliveries and our vaulting service giving customers peace of mind.

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Strategically positioned in London's Hatton Garden and Blackpool's South Shore, our offices offer personalised, face-to-face consultations in two locations.

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Precious metal investments are not regulated in the UK.
Investment values can fluctuate and may decrease as well as increase. Past performance is not indicative of future results.
Pricing:
Prices are based on the current precious metal price and may change.
Payment and ID:
You may need to provide identification to make a purchase. You can find more information on payment and identification requirements.
Bullion Coins:
These may have minor scratches or edge knocks, but this does not affect their value. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
VAT:
Investment gold products are VAT-free, while silver products include VAT.
Cancellations & Returns:
Once you place an order, you cannot cancel it. We do not currently accept returns, however. You may be able to sell your investment products back to Chards at the current buy back rate.

For more details, please see our Terms & Conditions.

2016 South African Krugerrand 1 oz Gold Coin - PCGS MS-68