South Africa – 2003 – Krugerrand – 1oz Gold Proof – PCGS PR69 DCAM – Cert 58447324

The South Africa 2003 1 oz Krugerrand Gold Proof PCGS PR69 DCAM is a high-quality, modern collector’s edition of the world’s most famous South African gold coin. The Krugerrand was introduced in 1967 and remains one of the most internationally renowned gold coins. While classic bullion issues are primarily valued for their gold content, this proof edition is specifically aimed at discerning collectors.

The obverse features the well-known portrait of Paul Kruger, the former president of the South African Republic. The inscription reads “SUID-AFRIKA – SOUTH AFRICA”. The reverse depicts the springbok, the iconic Krugerrand motif, designed by Coert Steynberg. Below it is the weight inscription “FYNGOUD 1 OZ FINE GOLD”, clearly indicating the pure gold content of one full troy ounce.

This particular example is especially interesting due to its PCGS certification of PR69 DCAM . DCAM stands for Deep Cameo and describes the strong contrast between the reflective field and the matte relief, a feature highly valued in high-quality proof coins. According to the PCGS Population Report , nine coins are currently listed as PR69 DCAM , while only one has been graded higher . This makes it a very well-preserved proof coin with a narrow certified population.

Furthermore, the Krugerrand has a gross weight of 33.930 g and a fineness of .9167 gold. Due to the traditional 22-karat alloy, the coin contains exactly 31.103 g of pure gold, i.e., a full troy ounce. The proof mintage for the 2003 issue is listed at only 2,136 pieces, making this edition significantly more collector-oriented than the much more frequently traded bullion coins.

Technical data

Country: South Africa
Year: 2003
Face value / Unit: 1 Krugerrand
Series: Krugerrand
Metal: Gold
Fineness: .9167 / 22 carats
Gross weight: 33,930 g
Fine weight: 31.103 g gold / 1 troy ounce
Diameter: 32.77 mm
Thickness: 2.84 mm
Minting quality: Proof
Mint: South African Mint / Rand Refinery
Edition: 2,136 copies
Front: Paul Kruger
Front design: Otto Schultz
Reverse side: Springbok
Back design: Coert Steynberg
Certification: PCGS PR69 DCAM
PCGS Cert: 58447324
PCGS Number: 394827
PCGS population: 9 in PR69 DCAM