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100 Rand

Issuer South African Reserve Bank
Year 1994-1999
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Printer South African Bank Note Company
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Obverse description A close-up intaglio vignette of an African buffalo (Cape buffalo) in three-quarter frontal view dominates the right portion of the note, with a secondary vignette of a buffalo herd in a savanna landscape to the left. The denomination numeral "100" is rendered in large guilloche underprint at centre-bottom, flanked by an ornate guilloche rosette at lower left enclosing the Rand symbol. The issuer's name appears in English along the top and in Afrikaans along the bottom margin.
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Reverse description The reverse carries a landscape vignette of a herd of zebras moving through open bushveld scrub, set against a mountain backdrop rendered in blue-violet intaglio. The upper half is occupied by elaborate multicolour guilloche rosettes — a large composite sunburst design at left in orange, pink, and green tones, and two interlocking circular guilloche patterns at centre-right. The denomination numeral "100" appears in white relief at lower right, with a guilloche rosette enclosing the Rand symbol at the far right.
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Comments

The P#126 series was South Africa's first major redesign after the 1994 democratic transition, shifting the note's imagery away from the Afrikaner iconography that had defined SARB issues for decades. Two signatures appear across the run — Chris Stals, who had served as Governor since 1989 and managed the rand through the turbulent final years of apartheid, and Tito Mboweni, who took over in August 1999 and became the first Black Governor of the Reserve Bank.

The Mboweni-signed examples cover only the tail end of this pick number's issue window, making them the scarcer of the two signature varieties by a considerable margin.

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