South Africa 2009 1/10 krugerrand

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from the Stack's Bowers 2019 NYINC sale, lot 43968
S Africa SB119-43968r.jpg

This specimen was lot 43968 in Stack's Bowers NYINC sale (New York, January 2019), where it sold for $168. The catalog description[1] noted, "SOUTH AFRICA. 1/10 Krugerrand, 2009. NGC PROOF-70 ULTRA CAMEO. Flawless quality with outstanding cameo contrast." South Africa, after a turbulent history between English and Dutch settlers and the native population, was constituted the Union of South Africa in 1910. Coinage commenced in 1923. The krugerrand was introduced in 1967 as a one ounce gold bullion coin and was very popular around the world despite bearing the effigy of Paul Kruger, the chief exponent of apartheid. The white supremacist regime was ousted in 1989 but, amazingly enough, the krugerrand remains in production, tho in much reduced numbers. As competition for it, the South African government also marketed the Natura series, featuring various animals native to the region.

Recorded mintage: unknown + 6,000 proofs.

Specification: 3.39 g, 0.917 fine gold, 16.5 mm diameter.

Catalog reference: Fr-B4; KM-105.

Sources:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Hern, Brian, John Bothma and Hercie Pieterse, Hern's Handbook on South African Coins & Patterns, Ferndale, South Africa, 2013
  • [1]Ponterio, Richard, Kyle Ponterio, Matt Orsini and Cris Chatigny, The January 2019 NYINC Sale: Ancient Coins, World Coins & Paper Money, Santa Ana, CA: Stack's Bowers LLC, 2018.

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