South African Pound - Coins

Coins

In 1892, the ZAR introduced coins in denominations of 1, 3 and 6 pence, 1, 2, 2½ and 5 shillings, ½ and 1 pond. The last of these coins were issued in 1900, except for siege 1 pond coins issued in 1902.

The Union of South Africa issued coins from 1923, in denominations of ¼, ½, 1, 3 and 6 pence, 1, 2 (initially denominated as a florin) and 2½ shillings, ½ and 1 sovereign. The coins were the same weights as the corresponding British coins but the silver coins (3 pence up to 2½ shillings) were struck in .800 fineness silver. Gold coins were struck until 1932.

In 1947, 5 shilling coins were introduced, with occasional commemorative variants. In 1951, the silver coinage switched to .500 fineness. Gold bullion ½ and 1 pound coins were issued from 1952 in the same specifications as the ½ and 1 sovereign.

All the coins had the British monarch on the observe, with the titles in Latin, while the reverse had the denomination and "South Africa" written in English and Afrikaans.

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Famous quotes containing the word coins:

    A war undertaken without sufficient monies has but a wisp of force. Coins are the very sinews of battles.
    François Rabelais (1494–1553)

    No Time, spoke the clocks, no God, rang the bells,
    I drew the white sheet over the islands
    And the coins on my eyelids sang like shells.
    Dylan Thomas (1914–1953)