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

Specification

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

Terms of Sale - Key Points

You can find more information on payment and identification requirements.

Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.

Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.

All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.

If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.

Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.

View our full Terms & Conditions.

Delivery Information

We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows.

Orders over £60 - Fully Insured Delivery.

Within the UK and BFPO - Next day fully insured and tracked. Delivery starts from £6.

Orders under £60

Within the UK and BFPO - Royal Mail 2nd Class. Your order will normally arrive within 2-3 working days. Delivery starts from £3.50.

If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.

For international delivery, please check with your local customs office for more information on custom duty and taxes.

Full delivery information can be found by clicking here.

Postal Insurance

We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products.

Orders under £1500 there is no additional fee.
Orders over £1500 we charge a fee in order to cover the increasing costs of insurance. For every £1500 we apply a £1 fee.

If you require any assistance, please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.

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