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1898 Kruger Pond South African Gold Coin

1898 Kruger Pond South African Gold Coin Reverse

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1898 Kruger Pond South African Gold Coin Reverse
1898 Kruger Pond South African Gold Coin Obverse

Buy a 1898 Pond

Collectable gold Kruger Pond, dated 1898. These 22-carat gold coins were struck as currency in the South African Republic between 1892 and 1900, capitalising on the precious metal flooding into the ZAR in the wake of the Witwatersrand Gold Rush. The obverse displays an instantly recognisable portrait of the Republic's fifth president, Paul Kruger, which was later used on Krugerrands. The reverse displays the arms of the Transvaal. Both designs were created by German engraver Otto Schultz. 1898 1 Pond coins were minted to the same specification as a UK gold Sovereign, making these coins desirable to both collectors and investors.
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1898 Gold Kruger Ponds

Kruger Ponds were struck in Pretoria between 1892 and 1900, during the years of prosperity before the Second Boer War, when the Transvaal Republic was thriving on the wealth generated by the Witwatersrand goldfields.

Classic Portrait Of Paul Kruger

On the obverse, the 1898 Pond displays Otto Schultz's portrait of Paul Kruger, accompanied by the inscription 'ZUID AFRIKAANSCHE REPUBLIEK'. This distinctive likeness was subsequently used on the iconic Krugerrand.

Arms Of The South African Republic

The reverse displays the coat of arms of the South African Republic (Transvaal Republic) with 'EENDRAGT MAAKT MAGT' to the scroll below and '1 POND ⋆ 1898 ⋆' above. This motif was also engraved by Otto Schultz.

22-Carat Sovereign-Sized Coins

South African 1 Pond coins were minted to the same specification as a British Sovereign, meaning they were struck in just under eight grams of solid 22-carat gold and measure 22 millimetres from milled edge to milled edge.

Buying Historic Gold Currency

Records indicate that 136,870 gold 1 Pond coins were struck in Pretoria in 1895, making this a low-mintage year in a short series. While these coins were originally used as currency, they are now highly sought after by collectors.