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PCGS Certified Krugerrand 1oz Gold Coin

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PCGS Certified Krugerrand 1oz Gold Coin

SKU: AU-2022-ZA-KRUG-1OZ-PCGS Categories: , , ,

Product Description

The PCGS Certified Krugerrand 1oz Gold Coin holds one troy ounce of fine gold in a 22-carat alloy and has been graded and sealed by PCGS. It is VAT-exempt as investment gold in the UK.

The PCGS Krugerrand 1oz Gold Coin design

The Krugerrand has used the same two designs since it was first struck in 1967: Paul Kruger on the obverse, after Otto Schultz, and Coert Steynberg’s springbok on the reverse. The design is constant from year to year, so the date matters mainly to collectors.

The coin that started the bullion market

When South Africa launched the Krugerrand, it became the first modern coin made to give private buyers an easy way to own a full ounce of gold. It has no face value; it is legal tender in South Africa at the value of its gold. Its 22-carat alloy, with copper, gives the coin its colour and its toughness.

PCGS grading of the Krugerrand 1oz Gold Coin

The Krugerrand is the most widely traded gold coin in the world, and a graded example sets one apart with its condition confirmed.

Grading by PCGS means the coin has been examined by an independent third party, confirmed as genuine, given a grade from 1 to 70 on the Sheldon scale and sealed in a tamper-evident holder. The printed label records the issue and the grade, and its certification number can be looked up on the PCGS website at any time.

Dates vary with stock: the year of the coin you receive is shown on its PCGS label. Please contact our team if you are looking for a particular date.

PCGS Krugerrand 1oz Gold Coin specifications

Metal Gold
Purity 916.7 fine (22-carat)
Total weight 33.93g
Fine gold content 31.10g (1 troy oz)
Diameter 32.77mm
Face value None; legal tender in South Africa by its gold value
Date Varies; shown on the PCGS label
Obverse Paul Kruger, after Otto Schultz
Reverse Springbok by Coert Steynberg
Finish Bullion
Mint South African Mint
UK tax status VAT-exempt as investment gold in the UK
Certification PCGS, graded Mint State (grade as stated on the label)

 

Why buy a PCGS Krugerrand 1oz Gold Coin?

It pairs the world’s most recognised gold coin with an independent check on authenticity and grade.

The hard-wearing 22-carat alloy keeps the coin in good condition inside its sealed holder.

Why buy 1oz gold coins?

The one-ounce coin is the standard trading unit of the gold market, so its value is simple to follow against a gold price quoted per troy ounce. Premiums per gram are lower than on fractional coins, and a holding of 1oz coins can be sold one coin at a time rather than in one piece like a large bar. World bullion coins in this size are recognised by dealers everywhere, which helps when you sell.

Frequently asked questions

When was the Krugerrand first issued?

In 1967, by South Africa, as the first modern gold bullion coin for private investors.

Is a graded Krugerrand worth more?

It usually carries a higher premium than a loose coin because its authenticity and grade are confirmed. The gold content is the same.

Additional information

Weight

1oz

Country

South Africa

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