Single 9

Single 9

STATS: Year - 1899 Mintage - One Metal - Gold Description - Approximately 2.3mm in length, on the obverse of the coin A BRIEF HISTORY: The 1899 Kruger pond dies were intercepted by the British in Lourenzo Marques and in order to mark the wartime re-opening of the mint it was decided to overstamp 1898 ponds with a 99 overstamp below Kruger's bust. The first coin was struck with a single 9 on the 2 November 1899 and it was decided to use a smaller 9. This coin also has a M scratched on the obverse and was later presented to the American Consul in Pretoria in 1899. It is believed that the late King Farouk later bought the coin in Paris. In 1954 the coin was sold at a Sotheby auction as part of a lot for an estimated R650. In 1969 it was sold by Days' postal auction as part of the late Dr CL Froelich's collection for R2530. In 1981 it was sold by Phoenix postal auction for R45 000. In 1983 it was sold by Phoenix auction for R132 000 to Mr Kraay in South Africa. Mr. Kraay sold in 1998, through a broker for R 4, 65 million. The current value of the coin is estimated to be at about R 15 million. Various documentation accompanies this coin confirming it's authenticity.