1 Pond

The Zuid-Afrikaansche Republiek's earliest paper currency was a product of sheer necessity. The Pretoria-printed notes of 1871–1872 were produced locally by William Brown & Co. at a time when the Republic had no established banking infrastructure and limited access to European printing houses. The result was a technically rudimentary issue — hand-signed, with none of the intaglio security work that contemporary European printers were employing.

These are among the earliest government-issued notes from the Transvaal, predating the formation of De Nationale Bank by over a decade.