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of them have been melted down due to jewelers / gold exchanges
and secondhand dealers whom do not have the knowledge of rare coins making these
coins extremely rare and valuable.!
In 2020 a veldpond in a lower grade and has been polished has
sold for R290000! These coins can only pick up value over time
if taken good care of .!
The veldpond is a rare South - African coin minted during the second anglo Boer war from (1899 - 1902) .
The coins were hand made in a gold mine workshop in Pilgrim"s Rest, a remote mining village in South - African veld. The name "veldpond" is Dutch for "Field pound".
HISTORY
The British took control of the National Mint in Pretoria, preventing the minting of new South - African currency.
Boer soldiers fled to Pilgrim's Rest and needed money to buy food from black tribes.
The boers melted down gold bars and nuggets to make coins.
A former school teacher, P.J. Kloppers, was appointed the head of the mint.
The coins were stuck using a hand press and one pair of dies.
The coins were minted in June 1902, 15 days after the singing of a truce.