We buy old Z.A.R & Kruger Gold Coins

Also known as Kruger coins, these are the first real coins of South African and were minted between 1892 and 1902. The 1892 series are considered to be one of the most popular series, due to the fact that the coins were printed with two glaring errors that effectively insulted the heritage and history of South Africa as well as the reputation of President Kruger. The first error was the incorrect depiction of a South African Voortrekker ox-wagon. Instead, a Continental wagon, which had a double shaft and front and rear wheels of similar size, was stamped on the coins. A South African ox-wagon traditionally had only a single shaft, and its rear wheels were larger than the front wheels. The second error came about when the designer Otto Shultz stamped his initials ‘OS’ on the obverse of the coin on President Kruger’s bust. Whilst this in itself is a customary procedure, the word OS is the Dutch word for ox and this was seen as a great insult to the government and president, who was preparing to campaign for a second election. The coins were immediately recalled and President Kruger went on to narrowly win his election, but the errors on the coins resulted in them gaining immediate value and not all of them were handed over. As many of these coins were hoarded soon after mintage, it’s possible to find them in very good condition, although it’s not often that these specimens come onto the market. Today, rare coins such as the ZAR coins are considered collectibles and are not eligible for capital gains tax when sold, making them a hugely attractive investment asset.