RARE 1961 RSA 1c VAN RIEBEECK COIN
27th December 2015
"In 1961, the Union of South Africa became a republic and, after a few years’ groundwork, decimalization came to the nation’s coins.
The image of Jan van Riebeeck, the Dutch settler who landed at the Cape of Good Hope in 1652 to establish a waystation for Dutch East India Company ships, replaced the British monarchs that used to appear on the obverse of coins.
A rare and little-known type of the South African 1961 cent is offered, estimated to realize between £2,500 to £3,500 ($4,060 to $5,685 in U.S. funds). NGC grades the coin Mint State 64. The 1961 cent is one of “perhaps 20 known” from an original mintage of 80 pieces, the auction firm said. " - http://www.coinworld.com/news/world-coins/2014/09/early-decimal-coin-rarities-of-south-africa-in-robert-bakewell-c.html#
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