1892 South Africa Gold "double Shaft" Kruger Pond - 1st Year / 1st Type Zar Pond
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1892 South Africa Gold "double Shaft" Kruger Pond - 1st Year / 1st Type Zar Pond:
A CHOICE X.F. quality1892 South African ZAR Gold Krugerpond. This coin is the discontinued "Double Shaft" type, with the initials "O.S." on the truncation of Kruger's portrait. The type was changed because the wagon used by pioneer's had a single shaft for the oxen to pull the wagon. Also, "os" in Afrikaans means "ox", which was not complementary to the President of the Republic.
Gold is currently $1,655 per ounce giving this coin (.2354 FTO) a bullion value alone of $390.