N° 651 | South Africa 1 Pond 1892

651 - South Africa 1 Pond 1892
651 - South Africa 1 Pond 1892

Description

KM# 10.1, Hern# Z44, N# 9791; Gold (.917) 8.00 g.; "Kruger Pond"; Pretoria Mint; Mintage: 15650 pcs; UNC

GPT Description

The South Africa 1 Pond 1892 is a historic gold coin minted in Pretoria, South Africa. It is also known as the "Kruger Pond" due to the image of President Paul Kruger of the South African Republic on the obverse side. This coin weighs 8.00 grams and is made of .917 fine gold. In 1892, South Africa was experiencing significant political and social changes. The discovery of gold and diamonds in the region led to a boom in mining activities and increased European colonization. President Paul Kruger played a crucial role in leading the South African Republic during this period of transition. The coin has a mintage of 15,650 pieces and is in uncirculated condition, making it a rare and valuable collector's item. It represents a fascinating piece of South African history and numismatics, reflecting the country's rich heritage and the economic importance of the gold mining industry during that time.
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