Watch List notes:

South Africa ZAR ND(1900) Au KaalPond with Rim IN 1891, THE ZAR ESTABLISHED ITS OWN BANK, AND LED TO THE ESTABLISHMENT OF ZAR COINAGE BASED ON THE BRITISH MODEL, HENCE THE STANDARDIZED BOER GOLD POND OR POUND. THE VELDEPONDE, OR HAND-MADE DIE HAND-STRUCK "FIELDPOUNDS", AND THE KAALPONDE "NAKED" OR "BLANK" POUNDS WERE NECESSITY MONEY USED IN LIUE OF NEEDED CURRENCY IN TIMES OF EMERGENCY DURING THE SECOND BOER WAR. (Hern Z-56) A real rarity in NGC Secure Holder "ND(1900) S.Africa Pond KAALPOND with Rim" no grade, but for the type this is certainly AU+

NGC Certification: 3825916-006