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INFO ON THE KRUGER POND:
KRUGER COINAGE - 1892 TO 1902 ZAR ISSUES
In 1890/91 a lease was granted to the Nationale Bank of the ZAR to establish a State Mint in Pretoria. The coins were to be identical in weight with the prescription of the British Coinage Act of 1870. President Kruger, anxious to get the new coins in circulation had placed orders for coins dated 1892 with the Berlin Imperial Mint.
The first consignment of pounds, half pounds and crowns arrived with two shafts on the wagon and similar sized wheels as can be seen in the coat of arms on the reverse of the coins. This caused quite a stir and subsequent 1892 pounds and crowns were issued with correct single shaft wagons and the correct size of wheels, small in the front and larger wheels at the back. Futher consternation was caused by the Berlin 1892 issues. As was customary, the designer Otto Schultz had placed his initials (O.S.) below on the shoulder area of the bust of Paul Kruger as can be seen on the obverse
of the coins, only on the double shaft issues, which is Afrikaans for ox. The single shaft pound and the double shaft crowns are the scarcer items.
An 1899 pond was not minted because the dies, made in Germany, were intercepted and confiscated by the British. As an alternative, the Boer government used 1898 dies and punched a 9 on the obverse to signify 1899. Only one such coin was struck and came to be known as the "Single 9". The other 130 coins in the batch were stamped with two smaller 9s and came to be known as the "Double 99"
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