Single ‘9’ Kruger Pond Sells for $2.15 Million, Setting a New Benchmark for ZAR Coins

The recent sale of the Single ‘9’ Kruger Pond for an astounding $2.15 million (R40 million) at a Heritage Auctions event on 13 January 2025 has underscored the robust demand and escalating value of rare Zuid-Afrikaansche Republiek (ZAR) coins in the global numismatic market. This landmark transaction highlights the historical significance of these coins and reflects a growing appreciation among collectors and investors.

Heritage Auctions described the Single ‘9’ Kruger Pond as “a singular treasure within the realm of ZAR coins and... the most prestigious piece in South African numismatics.” This sentiment is echoed by numismatic experts, with the Numismatic Guaranty Company (NGC®) referring to the coin as “The greatest coin in all of South African numismatics.”

A Milestone Moment in Numismatic History

“The sale of the Single ‘9’ Kruger Pond illustrates the enduring appeal of South Africa’s numismatic heritage,” commented Rael Demby, CEO of The South African Gold Coin Exchange & The Scoin Shop. “Such landmark sales elevate the entire rare coin market, drawing attention to the stories these coins carry and encouraging collectors to look at ZAR coins as pivotal historical artefacts.”

The Rise of ZAR Coins at International Events

The strong performance of ZAR coins has been prominently demonstrated at major numismatic events. At the 2023 New York International Numismatic Convention (NYINC), three exceptionally rare South African coins underscored the continued global interest in ZAR coins.

David MacMillan, Principal Numismatics Advisor at The South African Gold Coin Exchange & The Scoin Shop, highlighted the significance of these sales:

• Fine Beard Burgerspond: Sold for $72,000 (approximately R1.2 million)
• Sammy Marks Tickey: Renowned for its rich orange-gold patination, achieved $31,200
• Gem Example Veldpond: Realised $45,600

“These sales marked a turning point in the global numismatic community's interest in South African coinage, and this trend has accelerated significantly, as seen in the January 2025 auction,” MacMillan explained.

A Strengthening Market for ZAR Coins

“These developments indicate a vibrant and strengthening market for rare ZAR coins, driven by their historical significance, rarity, and the growing recognition of their value among collectors and investors worldwide,” added Demby.

The escalating prominence of South African numismatics reaffirms their value as both collectables and historical artefacts, solidifying their place in global numismatic history.