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Coins of the South African pound
The coins of the South African pound were part of the physical form of South Africa's historical currency, the South African pound. Prior to the Union of 1910, various authorities issued their own pounds, some as independent entities. After the Union but before 1923, coins in circulation were mostly British, but the coins of Paul Kruger's South African Republic remained in circulation. In 1923, South Africa began to issue its own coins adopting a coins that were identical in size and value to those used in Great Britain: 12 pence (12d) = 1 shilling (1s), and 20s = 1 pound (£1). On 14 February 1961 South Africa adopted a decimal currency replacing the pound with the Rand.
The term ''tickey'' is applied to both the 3d and 2½c coins.
== The Introduction of the Pound ==
The Cape of Good Hope was a Dutch Colony administered by the Dutch East India Company between 1652 and 1795. In that year it was seized by British forces, returned to the Dutch under the Treaty of Amiens, seized again in 1806 and seceded to Britain under the Anglo-Dutch Treaty of 1814. After the 1806 seizure, the military administrator issued a proclamation prohibiting the export of coinage and fixing the relationship of the various coins in the colony.〔Rosenthal – ''From Barter to Barclays'' – Barclays Bank DCO: undated, c1967〕 The relative values were:
During the succeeding years, British coins were introduced, but paper Rixdaalers which were nominally worth four English shillings continued to circulate until 1 January 1826 when British currency became the sole legal tender in the Cape Colony〔 and paper Rixdaalers were redeemed at 1s 6½d each.〔Walker, ''A History of Southern Africa'', Longmans: 1968〕
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