The cache IS at the posted coordinates. However, to log as a find, you must fulfill the challenge requirements. You may sign the log at any time but may not claim a find until you have met the requirements. The difficulty here is for the challenge; the actual hide is a 1.5/1.5.
The challenge is to find at least one cache in each of eight countries. The challenge checker below should allow you to see quickly whether you qualify.
The map on our public statistics page shows that we qualify with finds in ten countries (🇺🇸🇸🇮🇳🇴🇸🇪🇱🇮🇮🇹🇨🇭🇨🇦🇩🇰🇭🇷) as of publication of this cache.