Hello, how would you estimate the value of the South Africa pond of 1892 with OS on Krugers effigy ? The coin is not slabbed, but graded as " extra fine ". Best regards, Mynter
Not sure. Maybe a few dollars over spot. It hard to say how much someone will pay for a raw XF gold coin even one as handsome/exotic as the pond. Kruger himself had the OS and double shaft wagon coins recalled and replaced with corrected versions, but many of these were hoarded and later found their way to market. Plus there's no mintage records. Personally, I wouldn't pay more than $50 over spot for an unslabbed XF. BTW: OS (Designer Otto Schultz) in Afrikaans means ox and the OS initials were under the bust of good ol' Kruger. Also the Voortrekker wagon was totally wrong. The correct wagon has a single shaft/hitch and larger wheels in the rear. The incorrect version has a double shaft and even sized wheels all around. This all happened because the mint at Pretoria wasn't ready to begin minting and the job had been placed with the German Imperial mint in Berlin.
Yet Krause claims the 1892 is worth at least 4 times any of the other dates...,, Actually 10 times more in XF... Here's one in MS61 that sold for $43,125 at Heritage last January, single shaft. http://coins.ha.com/c/item.zx?saleNo=3016&lotNo=25078 Another, XF45 with a double shaft that only fetched $513 in the same auction: http://coins.ha.com/c/item.zx?saleNo=3017&lotNo=29751 The MS61 sold for 6 times estimate, the buyer may have shafted himself me thinks. Maybe if it were an MS66 or some other lofty grade it could be argued it was worth that, but in MS61?
Thank you for your replies. The coin I was watching went for $ 2,200 + fees. Well, wel, another time perhaps. Still, knowing the history around this particular date is ( almost ) as good as owning one. Best regards, Mynter
