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| 正面描述 | Plain typeset note on lightly aged paper, centred with the arms of the Zuid-Afrikaansche Republiek — a shield bearing an anchor and a standing figure, encircled by the legend 'EENDRAGT MAAKT MAGT' — serving as the central vignette. The denomination 'EEN POND Sterling' is set in bold letterpress at the upper right, with 'ZUID-AFRIKAANSCHE REPUBLIEK.' as the main heading across the top. The note carries a handwritten date reading 'Pretoria, 24 Maart 1869', a manuscript serial number at upper left and lower right, and three handwritten manuscript signatures with their respective titles below. |
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| 正面铭文 | ZUID-AFRIKAANSCHE REPUBLIEK. EEN POND Sterling. EENDRAGT MAAKT MAGT Uitgegeven tot een bedrag van staats Eigendommen, overeenkomstig Volksraads-besluit d.d. 17 MAART, 1868, Art. 413, en hetzelve een gedwongene tien jaren. £45,000 onder waarborg van £1 Sig. No. Pretoria, Geboekt Lid der Commissie Staats President. Lid v.d. Uitv. Raad. |
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The Zuid Afrikaansche Republiek's earliest paper currency was a deeply reluctant experiment. The Boer population of the Transvaal had little trust in paper money and a strong preference for gold and silver coin; these notes circulated poorly and were frequently refused by traders. C. Moll printed them locally in Pretoria — an unusual arrangement at the time, when most colonial and republican administrations contracted European firms for security printing.
Local production meant limited anti-counterfeiting sophistication. The ZAR government's chronic shortage of hard currency forced the issue regardless, and notes from this 1868–1870 series are among the earliest paper money produced on South African soil.