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1896 South African Republic Paul Kruger Half Pond Gold Coin

1896 South African Republic Paul Kruger Half Pond Gold Coin Reverse

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Buy a 1896 South African Republic Paul Kruger Half Pond Gold Coin

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£225.00
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South African 22-carat gold Half Pond coin, one of 103,600 minted in 1896. Ponds and Half Ponds originated in the South African Republic, an independent state that existed in what is now South Africa, from 1852 to 1902. These coins were introduced in 1892 by the ZAR's fifth president, Paul Kruger, taking advantage of he enormous influx of precious metals flooding into the Republic in the wake of the Witwatersrand Gold Rush. Kruger's Half Ponds had a face value of 10 Shillings and were produced at a new national mint in Pretoria through the 1890s; a decade in which South Africa became a world leader in gold production and the Republic's economy boomed. 1/2 Ponds were designed to the same specification as British Half Sovereigns: they were stuck in 3.99 grams of 22 carat gold with a diameter of 19.30 millimetres. The obverse features a portrait of Paul Kruger by Otto Schultz, later seen on Krugerrands. The reverse shows the Transvaal coat of arms, the official heraldic symbol of the South African Republic, also referred to as the Transvaal Republic. Scrolls below the arms show the Republic's motto 'EENDRACHT MAAKT MAGT' (translation: 'Unity Makes Strength'), while the denomination and year of issue appear above the central device. Weight: 3.99 grams. Diameter: 19.30 millimetres. Composition: 916.7 gold. Grade: VF - Usual faint scratches and contact marks for gold.
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Obverse

Otto Schultz' portrait of President Paul Kruger, facing left. Legend around reads: 'ZUID AFRIKAANSCHE REPUBLIEK'.

Reverse

Arms of the South African Republic with '1/2 POND · 1896 ·' above and the words 'EENDRAGT MAAKT MAGT' on a scroll below. Engraver: Otto Schultz.

Specification

Composition: 22 carat (916.7) gold. Weight: 3.99 grams. Actual gold weight: 3.66 grams. Diameter: 19.30 millimetres. Mintage: 103,600.

Grade

GF - Slightly uneven edge in two places, good bold details.

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