South Africa 1971 rand Fr-12
This specimen was part of lot 5945 in Künker sale 386 (Osnabrück, March 2023), which sold for €420 (about US$543 including buyer's fees). The catalog description[1] noted,
"SÜDAFRIKA, Republik seit 1960. 1 Rand 1971, 1972. Insgesamt 7,32 g Feingold. GOLD. 2 Stück., Vorzüglich-Stempelglanz. (republic of South Africa, since 1960, one rand of 1971 and 1972. Two pieces, extremely fine to uncirculated.)"
In 1960, South Africa withdrew from the British Commonwealth and in 1961 issued all new coins, dropping the bust of the queen for explorer Jan van Riebeeck. This type was issued 1961-83 along with a gold two rand, minted to the standard of a sovereign. Sold to collectors and bullion speculators, this type never achieved the popularity of the krugerrand introduced in 1967.
Recorded mintage: 10,000 plus 7,650 proofs.
Specification: 3.99 g, 0.917 fine gold, .117 troy oz AGW, same standard as a British half sovereign.
Catalog reference: KM 63, Fr-12.
- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
- Hern, Brian, John Bothma and Hercie Pieterse, Hern's Handbook on South African Coins & Patterns, Ferndale, South Africa, 2013.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Künker, Fritz Rudolf, Horst-Rudiger Künker, Ulrich Künker and Andreas Kaiser, Katalog 386: Brakteaten | Mainz | Bibliothek Prof. Dr. Niklot Klüßendorf | Mittelalter und Neuzeit | Goldprägungen | Deutsche Münzen ab 1871, Osnabrück: Fritz Rudolf Künker GmbH & Co., AG, 2023.
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