Ancient, British and World Coins, Numismatic Books (9 December 2010)

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Date of Auction: 9th December 2010

Sold for £80,000

Estimate: £80,000 - £100,000

South Africa, Paul Kruger, Pond, 1898, with 99 overstamp (Hern Z52; KM. 10.2; F 2). Good extremely fine or better, very rare; one of the few occasions where the cataloguer feels the NGC grader has been conservative, one of the finest known £80,000-100,000

Footnote

Slabbed in NGC holder, graded AU 58. The 1899 dies never arrived in Pretoria, so it was decided to overstamp 1898-dated Ponds. The first coin received a single ‘9’ overstamp; mint officials thought subsequent coins would be better overstamped with ‘99’ and 130 coins were thus produced