HISTORICAL EVENTS AT THE TIME UNION COINAGE WAS IN USE
The circumstances that led to the outbreak of the Second World War (WWII) had a direct impact on South Africa. The whole world was watching anxiously as events unfolded and countries were interested in building allies to safeguard themselves in case of a war. At first, Hertzog and Smuts agreed to disagree on SA’s right to remain neutral if Britain declared war, with Smuts wanting to fight with the Allies. However, after Britain declared war on Germany on 3 September 1939 South Africa entered the war on the side of Britain causing the United Party to split and Smuts to become Prime Minister. Source: www.sahistory.org.za
Up to 1960, South Africa used the British system of 12 pennies to a shilling and 20 shillings to a pound (240 pennies to the pound). this coinage system dominated South Africa for more than a century as Lord Charles Somerset issued an ordinance as far back as 6 June 1825 declaring British Sterling as legal tender at the Cape (Arndt, 1928). This was part of a process to introduce a uniform monetary system for the British Colonies at the time. A shortage of coins nevertheless delayed this process for several years, but after 1848, only coins of the Sterling series were accepted. These coins became firmly entrenched throughout the whole of South Africa and even the Kruger coins, minted in the Transvaal Republic during 1892 to 1900, conformed to the British system (Engelbrecht, 1987).Source: Francois Malan
This 1939 proof issue represents great value with a low mintage and a unique opportunity to add a highly sought-after rarely offered set to your collection
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R 450 000
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