Perhaps the most important coin in South African Numismatics Only 983 Minted!
1902 South Africa Gold Pond NGC AU58
Perhaps the most important coin in South African Numismatics
Only 983 Minted!
The Second Boer War was fought between 1899 and 1902 between the British Empire and the two Boer Republics in South Africa. It was initiated after the discovery of diamond and gold deposits in the Boer republics. Of course, with those kinds of resources being discovered a fight ensued. Paul Kruger, whose name you might recognize from the famous Krugerrand, was the leader of the South African Republic (or in Dutch: Zuid-Afrikaansche Republiek), or ZAR.
The Boer armies would end up falling to the iron fist of the British empire, but not before tens of thousands of lives were lost. Just 983 of these coins were produced as emergency issues to satisfy soldier pay. Each coin was made by hand from a pair of rough dies made from broken down gold mining equipment and were made to be equal in intrinsic value to the British Sovereign.
Today it is perhaps the most important coin in South African numismatics, a country whose influence is felt by the British Empire to this day from its people that live there. Thus, this coin carries multiple levels of appeal not just to collectors of South African coins, but also to major British coins and other world rarities.
These pieces have so many layers of historic significance about them and have been proving to go up and up in demand every time they’re available for sale.