Veld Pond

 
Year:
1902
Coin:
Veld Pond
Diameter:
22,8mm
Mass:
Approximately 8 grammes
Edge:
Milled
Designer:
P.J. Kloppers
Metal Content:
Virtually 24 carat gold
Mintage Figure:
986
 

Obverse

Design:
ZAR in decorative script
Inscription:
ZAR 1902
Remarks:
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.
 

Reverse

Design:
Een Pond, in decorative lettering
Inscription:
EEN POND
Remarks:
N/A
 
Veld Pond Veld Pond
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A Brief History

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.

 

Did you know?

Did you know

The 1898 Single "9" is the most important African coin. Sold by South Cape Coins

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Understanding "No Grade"

Understanding No Grade

Don't get caught out!
A guide to the states of condition that can cause a coin to be rejected for NGC certification.

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