South Africa: Transvaal. Republic gold "Fine Beard" Burgers Pond 1874 MS65 NGC,...

Description

Spectacular Gem Burgers Pond

Transvaal. Republic gold "Fine Beard" Burgers Pond 1874 MS65 NGC, Heaton mint, KM1.2, Fr-1, Hern-B1. Mintage: 695. By Leonard Wyon. Fine beard variety. Few issues are as coveted within the entire South African series as those first gold issues bearing the iconic portrait of the Z.A.R's fourth president, Thomas François Burgers. Prior to the issuance of similar national types, colonial South Africa had been a disjointed conglomeration of factions, colonies, and states, a byproduct colonization and resettlement of various groups since the 17th century. Because of this, commerce was conducted via tokens and coinages of other nations. With the discovery of gold in Transvaal in 1869, similar to the gold rushes of Australia and the United States, economic conditions and needs changed, resulting in Burgers' decision to strike coinage for the Boer Republic from this local ore. Bypassing legislative discussion, Burgers conscripted the Heatons to strike gold Ponds bearing his likeness, which were soundly rejected and all minting ceased. Contemporarily considered by the public as mementos or souvenirs, many of this tiny issuance would succumb to suspension in jewelry, which accounts for the certified population's abundance of details issues. On offer here is one of a minute handful to survive such treatment, ranking near the peak of both conditional censuses, with only two witnessed finer. Full golden resplendence abounds this impeccable representative, whose undeniably Gem appearances impress from even afar. Decorated in harvest-gold satin fields yielding ample mint brilliance that elevate already superior eye appeal. The last instance we've been able to locate of a comparable example coming to market was our 2014 ANA auction, and with the paucity of examples of similar magnitude, we expect this offering to be highly anticipated.

Metal: Gold
Diameter: 23mm
Weight: 7.988g
AGW: 0.2352oz
Mintage: 695

More information about South African Coins. See also: South Africa.



Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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