1895 Kruger Pond Single Shaft
1895 Kruger Pond NGC AU58
The 1895 Kruger Pond
The 1895 Pond is a rare coin to find in high grade. Only 121 of the 1895 Ponds have been certified by NGC, and just 7 of those have received a Mint State (MS) grade. It raises the question—where did all those coins go?
1895 Pond Forgeries
There are currently no significant issues with known forgeries of the 1895 Pond.
Coin Specifications
| Coin Specifications | |
|---|---|
| Hern's Number | Z48 |
| Krause-Mishler Number | KM#10.2 |
| Designer | Otto Schultz |
| Diameter | 22 mm |
| Thickness | 1.56 mm |
| Mintage | 336,000 |
| Weight | 7.988 gm |
| Gold Content | 7.322 gm |
| Copper Content | 0.665 gm |
| Best Known | MS63 |
1895 Single Shaft Pond
| Sample Sales | ||
|---|---|---|
| USA Based Auction Jan 2011 | No Grade VF | US $718 |
| USA Based Auction Apr 2011 | NGC AU58 | US $8,625 |
| USA Based Auction Sep 2011 | NGC XF40 | US $1,610 |
| USA Based Auction Jan 2012 | NGC XF45 | US $1,610 |
| USA Based Auction Apr 2012 | PCGS AU55 | US $2,990 |
| USA Based Auction Sep 2012 | NGC AU53 | US $2,585 |
| USA Based Auction Sep 2013 | PCGS AU55 | US $3,525 |
| USA Based Auction Jan 2013 | NGC MS62 | US $28,200 |
| USA Based Auction Sep 2013 | PCGS AU53 | US $2,232 |
| USA Based Auction Sep 2014 | PCGS AU58 | US $3,525 |
| USA Based Auction Apr 2015 | NGC AU53 | US $1,645 |
| USA Based Auction Sep 2015 | PCGS MS62 | US $17,625 |
| USA Based Auction Apr 2016 | NGC AU58 | US $3,055 |
| USA Based Auction Jan 2017 | NGC MS61 | US $8,812 |
| USA Based Auction Jan 2017 | NGC XF45 | US $646 |
| USA Based Auction Apr 2020 | PCGS AU53 | US $1,560 |
| USA Based Auction Nov 2020 | NGC AU55 | US $1,080 |
| USA Based Auction Jan 2021 | NGC AU55 | US $780 |
| USA Based Auction Jan 2021 | NGC MS61 | US $9,600 |
| USA Based Auction Jan 2021 | NGC AU53 | US $600 |
| USA Based Auction Jan 2022 | NGC MS62 | US $4,200 |
| USA Based Auction Jun 2022 | NGC AU55 | US $960 |
| USA Based Auction Jan 2025 | NGC MS63 | US $18,600 |
1895 Single Shaft Kruger Pond: A Rare Coin with Exceptional Market Results
The 1895 Single Shaft Kruger Pond stands out as a high-demand collectible within the ZAR coinage. While not as rare as a handful of other types in the series, it is certainly considered scarce in higher grades and commands strong prices at auction—particularly in mint state condition.
Market Highlights:
- Strong mint state sales have been recorded:
- NGC MS62 sold for $28,200 in 2013.
- PCGS MS62 reached $17,625 in 2015.
- NGC MS63 fetched $18,600 in 2025.
- NGC MS61 sales in 2017 and 2021 were $8,812 and $9,600 respectively.
- Auction momentum is consistent in circulated grades (XF–AU), with most sales ranging from $600 to $3,500, depending on the grade.
- Early auction records show steady demand dating back to 2011, when an NGC AU58 realized $8,625.
The overall pattern shows that the 1895 Pond is not frequently auctioned in mint state grades, and when it is, prices tend to be strong. While XF and AU coins offer accessibility for collectors, premium is placed on higher grades due to their scarcity and visual appeal.
In summary, the 1895 Kruger Pond offers both historical significance and investment appeal, particularly for those seeking mid- to high-grade examples. Its auction history suggests a resilient and appreciating value over time.