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Details:
(Applies to all coins)
DETAILS
COINAGE USED IN THE UNION PERIOD OF SOUTH AFRICA'S HISTORY BEFORE DECIMALISATION IN 1961
Union Pound (Sovereign)
Mass: 7.988 grams Dia: 22.mm Metal Content: Gold 0.9166, Copper 0.0834 ( 22ct )
Gold Content: 7.3224 gm
Info:
1923 SOVEREIGN MINTMARKED WITH " S A " BELOW THE HORSE'S HOOVES
Obverse design initials: B M for Bertram Mackennal ( on truncation of the neck )
Reverse design initials: B.P. for Benedetto Pistrucci ( right hand side below the design )
Description:
The coins of the South African pound were part of the physical form of South Africa's historical currency, the South African pound. Prior to the Union of 1910, various authorities issued their own pounds, some as independent entities. After the Union but before 1923, coins in circulation were mostly British, but the coins of Paul Kruger's South African Republic remained in circulation. In 1923, South Africa began to issue its own coins, adopting coins that were identical in size and value to those used in Great Britain: 12 pence (12d) = 1 shilling (1s), and 20s = 1 pound (£1). On 14 February 1961, the Union of South Africa adopted a decimal currency, replacing the pound with the Rand.
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