Republic gold "Double Shaft" Pond 1892 MS62+ NGC, Berlin mint, KM10.1, Hern-Z44. A near-Choice example of this notable Pond rarity with revolving luster and hints of vermillion tone on the reverse. In 1891, with an election approaching and facing strong opposition, President Kruger was eager to introduce the Republic's new coins. However, the new Mint was not yet operational, so the President ordered coins dated 1892 from the Kaisermunt in Berlin. The first shipment included pounds, half pounds, and crowns that featured two shafts on the wagon and equal-sized front and rear wheels in the coat of arms. Traditionally, the Voortrekker wagon had a single shaft and larger rear wheels. To make matters worse, the designer, Otto Schultz, had placed his initials under Kruger's bust—an unfortunate choice since "O.S." in Afrikaans means "ox." This blunder nearly cost Kruger the election. Eventually, new coins with the correct design were issued. HID09801242017 © 2024 Heritage Auctions | All Rights Reserved

To the auctioneer's website