Thursday 18 August 2011

1892 Half Crown 2½ Shilling

2½ Shilling (Half Crown)


Year: 1892

Coin:
2½ Shilling (Half Crown)

Diameter:
32,3mm

Mass:
14,138 grammes

Edge:
Milled

Designer:
Otto Schultz

Metal Content:
Silver 925 / Copper 75

Mintage Figure:
16 300

Obverse

Design:
President Paul Kruger

Inscription:
ZUID AFRIKAANSCHE REPUBLIEK

Remarks:
This is the first denomination of a Z.A.R. coin that has an inscription on the obverse side.

Reverse

Design:
Transvaal Coat of arms in a circle, with an eagle, flags and motto 'EENDRAG MAAKT MAGT'

Inscription:
2½ Shillings *1892*

Remarks:

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A Brief History

In 1891, with the election coming up and with President Kruger facing strong opposition, he was anxious to bring the Republics new coins into circulation. The new Mint was not yet operating so the President placed an order for coins dated 1892 with the Kaisermunt in Berlin. The first consignment of pounds, half pounds and crowns arrived with two shafts on the wagon and similar size front and rear wheels in the coat of arms. (The traditional Voortrekker wagon had a single shaft and rear wheels larger than the front wheels.) To add insult to injury the designer, Otto Schultz, had followed custom and placed his initials below Kruger’s’ bust - which is Afrikaans for ox. This mistake almost cost Kruger the election. Subsequently, new coins with the appropriate correction were brought into circulation. The ‘offensive’ coins had received so much publicity that many were kept as mementos. This is why they can still be found in mint condition, though very scarce.
Among the first issues of all the coins minted in Berlin in 1892 were a number of complimentary proof sets, which are exceedingly rare today.

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