How much is a 1 Pond worth?
20th April 2025: Today, we're paying £554.80 for South African One Pond gold coins.
Named for the South African Republic President Thomas Francois Burgers, whose bearded likeness adorns the obverse face of the coin, the 1 Pond was issued in two variations. Unfortunately, it was not very popular with the religious community, as the coin was seen as a symbol of vanity and foolish pride on the part of Burger. So, it was quickly removed from the mint, and very few of the coins actually saw circulation as coinage.
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Sell your 1 Pond Gold CoinHow much is a 1 Pond worth?
Ready to sell your 1 Pond Gold Coin?
|
Weight in grams | Fineness purity | Gold content | Value in £ |
|---|---|---|---|---|
| South African Gold Coins | ||||
| 1oz Gold Krugerrand | 33.93 | .9167 | 31.103 | £2,360.49 |
| Half Krugerrand | 16.965 | .9167 | 15.552 | £1,180.24 |
| 1/4oz Gold Krugerrand | 8.482 | .9167 | 7.776 | £590.50 |
| 1/10oz Gold Krugerrand | 3.393 | .9167 | 3.11 | £235.90 |
| 1 Pond Gold Coin | 7.98 | .9166 | 7.31 | £554.80 |
| 2 Rand Gold Coin | 7.98 | .9167 | 7.32 | £554.80 |
| 1 Rand Gold Coin | 3.99 | .9167 | 3.66 | £277.40 |
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The Pond coin did not resurface until 1892 when President Kruger ordered the construction of a new mint and the creation of a new coinage for the country to garner support in an upcoming election campaign. These coins were based on the British coin system and the South African 1 Pond coin is the equivalent of the British Sovereign. The South African 1 Pond coin even based its dimensions and 22 carat gold content on the British coin so it has a diameter of 22 millimetres and a weight of 7.98 grams.
Due to construction delays, the Royal Prussian Mint produced the first issue of South African 1 Pond coins in Berlin, Germany. Unfortunately, a series of mistakes by the German coin designer resulted in this coin being seen as a farce, which resulted in the coins recall almost immediately after it was issued.
The Kruger Pond existed from 1892 to 1900, after which it was removed from the mint production runs. The exact number of coins produced in this period is unknown, partially due to the Boer War. It has been rumoured that President Kruger ordered a vast quantity of gold coins and other treasures to be hidden away to protect the assets from British invaders. This legendary treasure is commonly referred to as Kruger's Millions.
We Buy South African 1 Pond Coins
Be it one example or a Pond hoard to rival Kruger's Millions, Gold Traders will buy your South African gold coinage. Our pricing is never locked behind your commitment to sell - it is always offered transparently upfront and with no hidden fees attached.
Sell A One Pond Coin With Gold Traders
To get started with your sale simply fill out our online claim form and we will be in touch. The agreed total for your South African 1 Pond gold could land in your chosen account in as little as 24 hours.
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