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1902 South Africa Veld Pond Gold Coin (NGC AU53)

1902 South Africa Veld Pond Gold Coin (NGC AU53)

1902 South Africa Veld Pond Gold Coin (NGC AU53)
As low as:
HK$196,750.00
196750 HKD

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1+

HK$196,750.00

HK$207,106.00

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Buy or sell 1902 South Africa Veld Pond Gold Coin (NGC AU53) at the best price online from LPM. Bulk & payment discounts apply!

This is South Africa's most unusual coin. The 'Veld Pond', as it is known, was struck at a gold mine workshop in Pilgrims Rest from hand made dies using a heavy fly press. There have been many known forgeries. These coins are also known as Siege pieces, or Money of Necessity.

During the Anglo-Boer war there was a shortage of coins for provisions for the Boer troops. Consequently, a Mint was established in the field/veld at Pilgrims Rest. A 29 year old former school teacher, Mr PJ Kloppers, was appointed as the Head of the Mint. A hand press was improvised and discs of 24 carat gold were manufactured. Remarkably, these coins were struck with only one pair of dies and a lathe turned by two men. These coins are classified as ‘Siege Pieces’ or ‘Money of Necessity’. Forgeries were made as early as 1903 as it was a lucrative business after the Anglo-Boer war when high prices (£8 - £10) were paid by the public for them.

The South African gold veld pond is an extreme rarity of South African numismatics, with less than 1000 pieces made, during wartime conditions.

The big difference between the Veldpond and other coins is that the Veldpond has the most character and personality. This is because they were hand-made. Each and every one is unique and individual. Their shapes, which vary from concave to convex, are the shiniest of all of our coins. They seem to refract light better than any others.

Additional Info

Year 1902
Metal Content Gold
Country South Africa

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