We Buy Gold Coins, Krugerrands & Medallions
At Gold & Finance we will provide you with accurate buying values, with leading Numismatic Dealers and Auction Houses both Locally and Internationally.
Should you wish to dispose of your unwanted Rare Coins, Sovereigns, Krugerrands, Collectible Gold Coins, Heirlooms and Gold Medallions which is not suitable to your preference or simply want to convert it into cash, one of our professional appraisers at Gold & Finance will assist you in establishing a value to sell.
Without any obligation to you and free of charge we will be privileged to assess the value of your Gold Coins and Medallions and make an offer to you, in a friendly, secure atmosphere of style, discretion, elegance and professionalism.
Should you require more information on the selling of your Gold coins or on a Collateral Loan contact one of our countrywide branches.
Our South African Coin History
THE RARE FINE BEARDVARIETY (MINTAGE JUST 695)
COMMONLY MOUNTED AND WORN AS AN ORNAMENT BY THE BOERS
Did You Know?
History of the 1874 “Coarse and Fine Beard” Burgers pond
The coins were struck from the first gold found in South Africa and like the Veld Pond, it is one of the country’s great rarities.
At a meeting of the Volksraad (Peoples Council) President Burgers presented 50 of his gold coins (the first strike – fine beard variety) to the members of the council. He was expecting strong recognition and admiration for producing the Republic’s first indigenous coinage. Instead there was massive indignation. The members of the Volksraad were appalled and indignant that the President had seen fit to use the Republic’s money to produce a coin with his very own face on it. They remonstrated with him saying that it was a most egotistical and self centered thing to do.
The September meeting was one that Burgers would remember for a very long time. This quickly degenerated into massive debate, argumentation and erupted into general pandemonium. “He has produced these coins out of mere vanity and for his ego” exclaimed many of the members. “No, he has introduced our very own coinage” replied others.
To make matters worse the die broke and a smaller second batch, the rarer coarse beard variety (seen below), numbering just 142 pieces was minted – Pratt keeping four of these coins for himself before they were shipped in October 1874. The President’s beard appears much thicker and coarser in this second batch. (Esterhuysen’s book identifies a large number of dies (over ten) that were used to mint the two sets of coins.)