1900 Single Shaft Kruger Pond – Market Summary

The 1900 Pond is a popular date among ZAR collectors, appearing consistently in U.S. auctions over the last 15 years. It is well-represented in mint state grades, with a strong showing in MS62 to MS64 and several premium results for MS65.

• MS61 to MS63: Commonly seen and generally trade between $1,200 and $3,000, depending on eye appeal and market timing.
• MS64: Well-represented and sought-after, selling for $3,000 to $4,700.
• MS65: Scarce and highly desirable. Notable prices include $6,462 (Aug 2014) and $4,800 (Oct 2024).
• AU55 to AU58: Sell in the range of $800 to $1,200, with frequent appearances throughout the 2010s.
• XF and lower grades: Appear less frequently, often under $600.

The 1900 Pond offers a wide range of grades, making it accessible to both entry-level and advanced collectors. The consistent demand in mint state confirms its position as a cornerstone of late 19th-century South African numismatics.

The 1900 Kruger Pond is considered both fascinating and mysterious within the ZAR series. Although official records show that 788,000 coins were struck in 1900, very few examples appear in the marketplace—especially compared to the far more common 1898 Pond.

This has led to the widely accepted theory that many of the coins dated 1898 were actually struck in 1900 using the same dies. Despite the large reported mintage for 1900, genuine 1900-dated coins are seldom seen at auction, particularly in higher grades.

The scarcity of these coins, especially in Mint State, makes the 1900 Pond a key rarity for serious ZAR collectors. When available, even AU grades can command strong prices, but there are very few recent sales to establish firm pricing trends.

Collectors regard this coin as a highly desirable anomaly—a high-mintage, low-survivor issue that adds depth and intrigue to any South African coin collection.