The Double 9, also called the 1899 Overstamp coin, was stamped on November 2nd 1899. The two 9s on the coin are 1,1mm high. Mr. A. Hermanes, the foreman of the mint stamped these coins. Only 130 of these coins were stamped. So they are very rare to see.
The 1899 Kruger Double Nine (99) Pond coin can attract offers of R1,5 million. Depending on the eye appeal of the coin to potential buyers’ offers can be even higher than this.
You are no doubt wondering what makes the 1899 Kruger Double Nine coin so valuable but not as valuable as the Single 9. Read on to find out why.
What makes the 1899 Kruger Double Nine worth so much money?
The Kruger Double Nine’s are extremely rare. Only 130 of them were ever made. It is for this reason that they are very valuable. To add to that, the history of these rare coins is closely intertwined with the history of South Africa becoming an internationally recognized sovereign republic, and so this too adds to the coins value.
If you have an 1899 Kruger Double Nine coin, where could I sell this coin?
Due to how very rare and valuable these coins are you need to be very careful when attempting to advertise and sell your coin. Online platforms can attract criminals.
That being said, there are many avenues that you can explore to safely sell your coin. The first step would be to get your coin graded by one of our countries most reputable coin grading companies.
“When it comes to coins (and South African coins in particular), the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC) are the two most reputable and credible companies in the industry”southcapecoins.co.za
After your coin is graded you could possibly set up your coin on auction and sell to the highest bidder. You may also consider approaching reputable coin dealers who may be interested in purchasing your coin, or know of someone that is looking for the coin you are selling.
What is the history of the 1899 Kruger Double Nine coins?
Back in 1899, the dies that the Boers had imported to make the Kruger Pounds were intercepted by the British forces in Lourenco Marques, now known as Maputo. This did not stop the plans of the Boers and so despite not having dies to use, they decided to punch 1898 Kruger Ponds with a 99 overstamp just below the depicted bust of President Paul Kruger.
The first coin stamped was the Single 9. As this 9 was deemed to be too large no more of its kind were punched in the same way. Despite this seeming “error” at that point in time, the Single 9 went on to become the most valuable coin in South African history.
Thereafter, it was decided that another 130 1898 coins would be stamped with smaller pairs of 9s. Thus creating the Double Nines (99) These coins are also called the “99 Overstamps”
These 130 coins were stamped with a smaller punch that did not overlap onto the bust of the Paul Kruger depiction as the Single 9 had done.
These 1899 Kruger Double Nines are exceptionally rare coins.
What does the 1899 Kruger Double Nine coin look like?
The top, obverse, of the Single 9 depicts the side profile of President Paul Kruger and has the lettering around the edging “Zuid Afrikaansche Republiek”
“99” was punched onto the bottom of the coin beneath the president’s bust. This earned the coin the “Double 99” reference.
The back, or reverse, of the coin is the same as the Single 9 coin. You will see the ‘Zuid Afrikaansche Republiek’ coat of arms. The coin also depicts the lettering POND 1898 along the top left and right and the lettering Eendragt Magt Maakt in banners along the bottom of the coin. Eendragt Magt Maakt means Unity Makes Strength.
Another national treasure, the 1899 Kruger Double Nine coin, is something to be desired. Very rare, only 130 of these coins were ever made. If you are in possession of one and would like to sell it, be careful who you trust with your coin as there are many opportunists out there who would like to get their hands on one. Do your research and let reputable grading companies and reputable coin dealers assist you in the selling process.
“Time is the coin of life. Only you can determine how it will be spent.” – Unknown