South Africa
Republic gold Proof "Double Shaft" 1/2 Pond 1892 PR64 Cameo NGC, Berlin mint, KM9.1 (20-25 pieces known), Fr-3 (Proofs unlisted), Hern-Z38 (estimated 20 pieces known). By Otto Schultz. A beloved and extremely coveted fractional gold Proof from this first year of issue and 'failed' Double Shaft type, and an emission that proves even more fleeting with a cameo designation due to the striking methods employed by the Royal Prussian mint. Presently tied in this esteemable state with only a sole piece ranking finer across NGC and PCGS, and none at either service yet receiving Ultra/Deep Cameo, the offering appears painstakingly cut--the rims, denticles, and even the finer points of Kruger's hair, usually the first place to show wear on the circulation issues, expressing noticeable sharpness and full detail. Clearly mirrored in the fields at a level often lacking from lower grade Proofs, fine die polish exists in the recesses of the design, which for their own part appear delicately frosted. Virtually impossible to locate finer, and a key target for the connoisseur.
From the Van Staden Collection
https://coins.ha.com/itm/south-africa/south-africa-republic-gold-proof-double-shaft-1-2-pond-1892-pr64-cameo-ngc-/a/3085-30297.s?type=CoinArchives3085
HID02906262019
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Estimate: 50000-70000 USD