Item NU 14566 Coin - 1 Pond, South Africa, 1892

Summary

1 Pond, Issued by Zuid-Afrikaansche Republiek, South Africa, 1892
Minted by Imperial Mint, Berlin

Obverse Description

Draped bust of Paulus Kruger facing left; around, ZUID AFRIKAANSCHE REPUBLIEK; artist's initials, OS, on bust truncation

Reverse Description

Arms of the Republic in a circular frame (the wagon has double shafts), surrounded by flags and with an eagle with wings spread above; below incuse on ribbon, EENDRAGT MAAKT MAGT; around above, 1 POND 1892

Edge Description

Milled

Significance

This coin was prepared at the Berlin Mint by the artist Otto Schultz (OS on the bust truncation). Unfortunately he depicted a double shafted wagon with wheels of equal size in the arms on the reverse, the correct form was single shafted with larger rear wheels. In addition his initials was the Africaans word for an Ox. The coins were quickly withdrawn from circulation as soon as the faults were recognised but many were retained by the public in the hope that they would become collectors rareties.