Watch List notes:

SOUTH AFRICA

South African Republic, 1852-1910. Pond ND (circa 1900). Blank gold planchet, without rim. Used for type KM 10.2; Hern-Z55. AU. R

XF
Planchet for gold coins are very rare. This one is type 1 (row planchet, without rim). Concentric marks both sides.