South Africa 2003 100 rand

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Heritage sale 3049, lot 31450
S Africa H3049-31450r.jpg

This specimen was lot 31450 in Heritage sale 3049 (Long Beach, September 2016), where it sold for $1,645. The catalog description[1] noted, "Republic gold Proof 100 Rand 2003 PR69 Ultra Cameo NGC. Natura series- Lion. A popular type featuring a male and female lion. Very high grade and stunning luster." 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. As competition for it, the South African government also marketed the Natura series, featuring various animals native to the region. Starting in 2002, the coin was denominated 100 rand. The lion is depicted on this issue of 2003.

Recorded mintage: 2,758, all proofs.

Specification: 31.107 g, .999 fine gold, 1.000 troy oz AGW.

Catalog reference: KM 417.

Source:

  • Michael, Thomas, Standard Catalog of World Coins, 2001-Date, 11th ed., Iola, WI: Krause Publications, 2016.
  • Hern, Brian, John Bothma and Hercie Pieterse, Hern's Handbook on South African Coins & Patterns, Ferndale, South Africa, 2013.
  • [1]Cristiano Bierrenbach, Warren Tucker and David Michaels, Heritage World Coin Auction 3049, featuring the Ohio Valley Collection, the Redwood Collection and the F.P. Briand Collection, Dallas, TX: Heritage Auction Galleries, 2016.

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