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1898 South African Republic Paul Kruger One Pond Gold Coin

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£460.00

(VAT Exempt)

South African 1898 1 Pond 22 carat gold coin, one of 136,870 minted in this year. Ponds originated in the South African Republic, an independent state that existed in what is now South Africa, from 1852 to 1902. South African Ponds 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 Ponds had a face value of 20 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. These coins were designed to the same specification as British Sovereigns: they were stuck in 7.98 grams of 22 carat gold with a diameter of 22.05 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: 7.98 grams. Diameter: 22.05 millimetres. Composition: 916.7 gold. Grade: GF - Slightly uneven edge in two places, good bold details.

£460.00

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Description Summary Specification About us

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 POND · 1898 ·' above and the words 'EENDRAGT MAAKT MAGT' on a scroll below. Engraver: Otto Schultz.

Specification

Composition: 22 carat (916.7) gold. Weight: 7.98 grams. Actual gold weight: 7.31 grams. Diameter: 22.05 millimetres. Mintage: 136,870.

Grade

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

What are gold South African Pond coins?

1 Pond gold coins were issued by the South African Republic (also known as the Transvaal Republic) from 1892 until 1902. Currency in the Republic at the time was based on the Pound sterling but since these coins were inscribed in Afrikaans they read 'pond' rather than 'pound'. Gold Ponds - modelled closely on the specifications of the British 'full' Sovereign - bore a famous portrait of President Paul Kruger to the obverse and the arms of ZAR to the reverse.

Who was engraver Otto Schultz?

Otto Schultz was born in Berlin in 1848 and trained as an engraver and medallist in that city. He spent the late 1870s in London, working under William Wyon with who he collaborated on the Great Seal of Queen Victoria. Schultz is best known for his portrait of Boer statesman, Paul Kruger, who served as the fifth president of the South African Republic. This portrait was used on contemporary Transvaal coinage and was revived for the Krugerrand, an influential South African bullion coin, first issued in 1967.

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If you're looking for a bargain then why not visit our showroom? We've got lots of great discount coins available in our cabinets at Old Bank Antiques.

From circulating £2s and 50ps to world coins, commemorative sets and new releases to ancients, we've got something for everyone. Make sure you save time to browse the glass, ceramics, jewellery, clocks and militaria on display in the rest of the shop, located at 143 High Street, Royal Wootton Bassett, SN4 7AB.

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Reviews

We are always proud to show off our previous customers experiences with you and what they thought of our purchasing through with Britannia Coins.

Very fast delivery, good comms and excellent value. Very pleased with my purchase.

Phil H

1st September 2023

You service was very efficient, delivered very fast, one I ordered the coin on Tuesday night it was delivered on Thursday morning

Alison M

31st August 2023

Extremely efficient service. Purchases received within 1 or 2 days. Great bullion deals with highly competitive premiums. As a repeat customer I can't recommend highly enough.

David R

30th August 2023

Buon giorno. Avete un negozio online ben fornito e di facile utilizzo. L'imballaggio del prodotto è stato ottimo. Ho solo un reclamo da fare ! Ho provato a chiamare presso op vostro negozio più volte senza avere nessuna risposta , ho usato anche il vostro contatto watzap ma anche in questo caso non ho avuto risposta. Vi ho contattato a luglio e agosto per sapere se erano previste le spese doganali,in fine ho acquistato senza sapere ....

Roberto S

29th August 2023

Very easy to use website I think you enter the website and there's the latest "live metal prices" with an "Enter Search Item" bar at the top of the page. I like the fact it has the search feature as the home page. When you search for the item(s) it quickly shows the results, along with images of the coins or coin sets. I like that, too. The only downside with these types of businesses, is that you can't get to see a close up image of the coin and/or coin set you are buying. I feel that, because this company buys coins from collectors, etc. that they will have several items that are the same, but in varying degrees of quality and condition, and then, when your buying a 2nd hand item, it's going to be a case of pot luck on what you're going to get. And so, if it was possible, I'd love for BCC to get images of each item that you're going to buy. This is so you know what you're getting before you buy it. That said, every item I've bought from BCC has been of a very nice quality. Two of the coins were of a staggering high quality and the two sets I bought were much better than the average coin sets from eBay. I would say that BCC are the best company in the UK when it comes to used and brand new coins and coin sets. Not only that, the speed at which they get your order processed and delivered to your door is very very fast. The packaging is also on point and highly professional. Also, and one of the most important things, I really trust the Britannia Coin Company. Their prices are very fair and their items are clean and in good condition. They also have a good standing within the coin community.

Mark D

24th August 2023

Coins were of good quality

Marc G

24th August 2023

Very happy with my purchase. Arrived promptly and in perfect condition.

Malcolm P

24th August 2023

Easy to order and pay online. Next day delivery.

William David E

24th August 2023

I was amazed at the communication from when my order was initiated and being kept in the loop as to the progress. All transactions were good and amazed at how quick my parcel was shipped out and received the following day! Due to excellent customer service I have not hesitated recommending to others.

Kevin A

24th August 2023

Really personal service. I phoned and asked some questions regarding the purchase of a silver Denari coin. I paid online and received it the following day. They were very helpful when I phoned with some more questions about how to identify my coin which I'd received from a bundle. They sent me an email with some great information. Tip top service which is rare to find these days. Many thanks and I wouldn't hesitate to buy from them again.

Jo R

23rd August 2023

1898 South African Republic Paul Kruger One Pond Gold Coin

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Obverse

Reverse

Specification

Grade

What are gold South African Pond coins?

Who was engraver Otto Schultz?

Product Summary

Buy Collectable Coins Online

Free And Insured UK Shipping

Sell Your Coins With Confidence

Visit Our Wiltshire Showroom

Contact Our Coin Experts Now

Reviews