Watch List notes:

SOUTH AFRICA, Zuid-Afrikaansche Republiek (South African Republic). 1881-1902. AV Pond (22mm, 7.84 g, 6h). Heaton (Birmingham) mint. Dated 1874. Head of Thomas François Burgers left, wearing fine beard / Coat-of-arms over four crossed banners; above, eagle standing facing, head right, wings spread; ribbon below. Bentley 896; KM 1.1; Friedberg 1. Near VF, ex jewelry, gilded. Very rare.

From the collection of Dr. Lawrence A. Adams. Ex Sotheby's (4 December 1986), lot 393.