Very Rare c1892 South African 22K Gold "One Shaft" Pond, 
PCGS-certified, certificate #61298254, 
Extra Fine, AU55 - 
https://www.pcgs.com/shared-orders/order-details/25474677
 
The obverse features portrait of Paul Kruger – 
the former President of the South African Republic, 
depicted around ZUID AFRIKAANSCHE REPUBLIEK
 
The reverse depicts Arms of the Republic in a circular frame, 
surrounded by flags & with an eagle with wings spread above, 
below incuse on ribbon, EENDRAGT MAAKT MAGT, 
around above 1 POND 1892 
 
Pretoria Mint 
Mintage: unknown 
By artist Otto Schultz
 
Total weight: 7.99gr.
Width: 21.97mm 
 
 
RARITY
 
This 1892 South African Gold Pond is one of the most 
historically significant early South African gold coins, 
issued during the presidency of Paul Kruger before the Boer War. 
 
Struck in 22-karat gold, 
it served as the official currency of the Zuid-Afrikaansche Republiek 
and became a powerful symbol of independence and national identity. 
 
The sought-after “Single Shaft” variety is especially prized 
for its distinctive reverse design and historical importance.
 
Its rarity stems not only from age, but from survival — 
many original Pond coins were melted, heavily circulated, or lost over time. 
 
This PCGS-certified AU55 example is particularly desirable, 
retaining strong detail and attractive original character 
while remaining fully authenticated. 
 
Today, high-grade certified Pond coins are increasingly difficult to source, 
making them highly appealing to collectors of rare gold, 
South African history, and investment-grade numismatic pieces.