Heritage World Coin Auctions
NYINC Signature Sale 3051 8-9 January 2017
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South Africa
Republic gold Pond 1898 Stamped "99" MS62 NGC, KM10.2, Hern-Z52, Fr-2. This extremely rare Mint State example is fully lustrous, with boldly defined details and a few light marks that define the grade. A major rarity in the South Africa series. During the Boer War, the dies for the South African 1899 Ponds were intercepted by the British in Lourenzo Marques. Because of this, the mint decided to use the dies for the 1898 Pond to strike coins in 1899. To mark the wartime opening of the mint it was decided to overstamp these 1898 Ponds with a 99 overstamp below Kruger's bust to show that thew actual production year was 1899. 130 of these overstamps were produced and are now extremely rare. A seldom offered opportunity to purchase one of the truly great South African rarities.
Estimate: 60000-90000 USD
Republic gold Pond 1898 Stamped "99" MS62 NGC, KM10.2, Hern-Z52, Fr-2. This extremely rare Mint State example is fully lustrous, with boldly defined details and a few light marks that define the grade. A major rarity in the South Africa series. During the Boer War, the dies for the South African 1899 Ponds were intercepted by the British in Lourenzo Marques. Because of this, the mint decided to use the dies for the 1898 Pond to strike coins in 1899. To mark the wartime opening of the mint it was decided to overstamp these 1898 Ponds with a 99 overstamp below Kruger's bust to show that thew actual production year was 1899. 130 of these overstamps were produced and are now extremely rare. A seldom offered opportunity to purchase one of the truly great South African rarities.
Estimate: 60000-90000 USD