1894 Kruger Pond Single Shaft
The 1894 Kruger Pond
The 1894 Kruger Pond is relatively common due to its high mintage of 317,726 coins. However, finding an example in uncirculated condition (UNC) remains a challenge and is highly sought after by collectors.
1894 Pond Forgeries
Forgeries of the 1894 Kruger Pond are well documented and generally easy to spot:
- A cut running from President Kruger’s nose to his lip.
- A flaw in the “Z” of “ZUID AFRIKAANSCHE REPUBLIEK,” commonly referred to as the Z variety, which also appears in forged 1897 Ponds.
Coin Specifications
| Coin Specifications | |
|---|---|
| Hern's Number | Z47 |
| Krause-Mishler Number | KM#10.2 |
| Designer | Otto Schultz |
| Diameter | 22 mm |
| Thickness | 1.56 mm |
| Mintage | 317,726 |
| Weight | 7.988 gm |
| Gold Content | 7.322 gm |
| Copper Content | 0.665 gm |
| Best Known | MS65 |
1894 Single Shaft Pond
| Sample Sales | ||
|---|---|---|
| USA Based Auction Sep 2009 | NGC AU50 | US $1,150 |
| USA Based Auction Jan 2011 | NGC AU58 | US $1,495 |
| USA Based Auction Jan 2011 | NGC MS62 | US $13,800 |
| USA Based Auction Apr 2011 | NGC VFDetails | US $345 |
| USA Based Auction Aug 2011 | NGC XF40 | US $488 |
| USA Based Auction Sep 2011 | NGC AU50 | US $690 |
| USA Based Auction Sep 2011 | NGC AU53 | US $1,265 |
| USA Based Auction Jan 2013 | PCGS AU53 | US $705 |
| USA Based Auction Jan 2013 | PCGS AU53 | US $646 |
| USA Based Auction Jan 2013 | PCGS AU53 | US $705 |
| USA Based Auction Jan 2013 | NGC AU53 | US $822 |
| USA Based Auction Aur 2014 | PCGS MS64+ | US $25,850 |
| USA Based Auction Sep 2014 | NGC MS62 | US $7,050 |
| USA Based Auction Sep 2014 | NGC AU58 | US $3,055 |
| USA Based Auction Jan 2015 | NGC AU58 | US $2,585 |
| USA Based Auction Apr 2015 | NGC XF45 | US $1,645 |
| USA Based Auction Sep 2015 | NGC MS61 | US $5,405 |
| USA Based Auction Sep 2015 | NGC MS63 | US $10,575 |
| USA Based Auction Sep 2015 | NGC AU58 | US $3,172 |
| USA Based Auction Sep 2016 | PCGS AU58 | US $3,055 |
| USA Based Auction Sep 2016 | PCGS AU58 | US $3,290 |
| USA Based Auction Jan 2017 | NGC AU58 | US $2,585 |
| USA Based Auction Apr 2017 | PCGS AU58 | US $1,410 |
| USA Based Auction Apr 2017 | PCGS AU55 | US $1,116 |
| USA Based Auction Jan 2018 | NGC MS61 | US $3,120 |
| USA Based Auction Jan 2018 | PCGS AU58 | US $900 |
| USA Based Auction Jan 2019 | PCGS AU53 | US $480 |
| USA Based Auction Jan 2019 | PCGS AU53 | US $504 |
| USA Based Auction Jan 2019 | PCGS XF45 | US $360 |
| USA Based Auction Dec 2020 | NGC AU55 | US $600 |
| USA Based Auction Dec 2020 | NGC AU50 | US $360 |
| USA Based Auction Jan 2021 | NGC AU55 | US $540 |
| USA Based Auction Jan 2021 | NGC AU55 | US $504 |
| USA Based Auction Aug 2021 | NGC AU58 | US $1,020 |
| USA Based Auction Dec 2021 | NGC AU55 | US $600 |
| USA Based Auction Dec 2021 | NGC AU55 | US $630 |
| USA Based Auction May 2022 | NGC AU58 | US $990 |
| USA Based Auction Jun 2022 | NGC AU58 | US $1,050 |
| USA Based Auction Nov 2022 | NGC AU58 | US $1,200 |
1894 Single Shaft Kruger Pond: Auction History and Market Overview
The 1894 Kruger Pond is a well-known collector’s coin that appears frequently in U.S.-based auctions, offering both accessibility in circulated grades and impressive premiums for higher-grade examples.
Key Highlights:
- Circulated Grades (AU50–AU58) make up the bulk of sales and typically range between $500–$1,500, with occasional dips below $500.
- Mint State Coins command significantly higher prices:
- A NGC MS62 sold for $13,800 in 2011.
- A PCGS MS64+ reached $25,850 in 2014.
- Multiple MS61–MS63 coins sold in the range of $3,120–$10,575 between 2015 and 2018.
- Lower Grades (VF–XF) regularly appear, often selling for $345–$705.
- Market Trends: Prices for AU-graded coins have remained steady from 2011 to 2022, with modest increases in recent years for AU58 examples crossing the $1,000 mark.
In summary, the 1894 Pond is not rare, but it continues to maintain value due to consistent collector interest. It offers a wide entry range for collectors, from affordable circulated grades to valuable mint-state examples with strong auction performance.