These 130 are very rare, and of course incredibly valuable.Ĭlick here to find out more about the value and history of the 1899 Kruger Double Nine Pond Coin. 130 of these coins were then counter-stamped with the numerals 99 for the year of mint giving them their name of double 9 ponds. When the decision to change the dies used for the single nine was agreed upon, a standard currency output was produced of 137,000 one-pound coins. Some 1899 Kruger Double 9 ponds are selling at R1,950,000, making this the second most valuable South African coin on this list. The 1899 Kruger Double Nine Ponds are currently valued at around R1,500,000 and more. But what is considered valuable enough to make number two on my list? How much are the Kruger Double 9 Ponds worth today? If the Kruger single Nine Pond is the king of South African coins, the double nine follows closely after. If you would like to learn more about the 1898 single 9 Pond, and find out why it’s at the top of our list as the most valuable South African coin, read: What is the 1898 Single 9 Pond Coin Worth? 2. The single 9 was sent to the United States to establish the South African Dutch government as an independent state with it’s very own currency. The Dutch then used two smaller 9’s, and 130 coins were struck, and were known as the “double 9’s”. After realizing their mistake, they stopped using that punch, and the coin was set aside and because known as the “single 9”. On the very first coin, however, they made a mistake by stamping the “9” too large and it protruded into the silhouette of President Kruger. Without the new dies, the Dutch were forced to use existing dies from 1898 and stamped a number “9” on the obverse to denote the coin to be 1899 coinage. Unfortunately, the German-made dies were intercepted and seized by British forces on their way to South Africa. The country lacked the dies to allow coinage at home and so contracted a mint in Germany to produce the dies. The coin was produced amid the Anglo-Boer war with the country then seeking international legitimacy. The story behind it is pretty impressive too. There is only one of these coins in existence and it was last sold to a private buyer who wished to remain anonymous for the price of R20 million, that about $4 million. The 1898 Single 9 Pond is currently worth R15,000,000. That’s quite a statement to make about the value of a coin, so without further ado, what is the 1898 Single 9 Pond worth today? It is the only coin of its kind ever made which has valued it among the most expensive coins in the world. The 1898 Single 9 Pond is first on my list, as well as worth the most out of all the coins I found during my research. The rarest coins tend to be the ones used years ago when they were not minted in mass, and a good number may have been lost or reminted over time leaving only a few ones in circulation. Collectors seek to have it to complete their sets while investors want it for its appreciating value over time. The rarity of a coin like any other item in the world makes it exclusive and drives up demand. The main ones are the rarity of the coin, the material it was made from, the purpose of the coins or what it is associated with and finally the condition of the coin at the point of its sale. Several factors may drive a coin’s value to stratospheric values. Such coins are what drive most famous coin collections and grab attention for the prices they fetch at auctions. Here are 10 of the most valuable South African coins: With that in mind, I decided to build my top ten list of the most valuable coins in South Africa. There are times where rare South African coins appreciate so much that they become worthy investment tools. Most of the time, coins are usually priced based on their face value which is not often a lot.
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