Jardines Galleries
Jardines Galleries The Library

Jardines Galleries · Before sterling · 1652 – 1825 · 173 years · Four regimes

Early Colonial Currency.

The chaotic monetary history of the Cape — from barter with the Khoikhoi to the introduction of sterling in 1825. The library's three-era backbone (ZAR 1892 – 1902Union 1923 – 1960Decimal 1961 – present) all postdates 1825. This page is the prologue: 173 years before the first systematic colonial coinage, when the Cape ran on Dutch guilders, Spanish reales, copper barter, paper crisis money, and — for one extraordinary moment in 1806 — over thirty different coin types circulating simultaneously.

Four regimes

The 173 years before sterling divide cleanly into four monetary regimes. Each marks a different occupying power or political situation; each brought its own coinage and currency conventions to the Cape. The result is a numismatic period unlike any other in South African history — not one currency system slowly evolving, but four distinct ones successively imposed.

— Regime 01 · Dutch East India Company — 1652 – 1795

Dutch VOC period

The longest of the four regimes at 143 years. The Cape under the Vereenigde Oost-Indische Compagnie (Dutch East India Company) ran initially on barter with the Khoikhoi — copper, iron, tobacco, beads. Dutch coins (guilder, stuiver, duit) and Spanish reales circulated as the colony grew. The first coin specifically produced for the Cape was the 1782 VOC duit, struck in the Netherlands with the VOC monogram.

— Regime 02 · British paper crisis — 1795 – 1803

First British occupation

An extraordinary monetary moment: the colony held £258,255 in paper money and no metallic coin at all. A 1797 proclamation fixed exchange values for guineas, dollars, rupees, and dozens of other foreign coins entering the Cape via trade. The copper penny that did circulate became known as the "dubbeltjie" (two stivers) — a name that survives today for the 10c piece.

— Regime 03 · Dutch return — 1803 – 1806

Batavian Republic

The Dutch returned briefly, issuing 150,000 rixdollars in paper. The regime lasted only three years before British re-occupation. The 1806 proclamation (issued after the second British takeover) became the most extraordinary numismatic document of the era — listing dozens of gold, silver, and copper coins with their values in rixdollars. A fascinating snapshot of global trade, expanded in the ledger below.

— Regime 04 · Resolution — 1806 – 1825

Introduction of sterling

The 1825 Imperial order-in-council introduced sterling at 1s 6d per rixdollar. British silver and copper gradually replaced the motley collection of foreign coins. The chaos of the previous 173 years resolved into a single coherent monetary system — the prologue to the SA pound symbol's evolution and ultimately to the Union era a century later.

The 1806 proclamation

The 1806 proclamation — issued after the second British re-occupation of the Cape — formally listed the exchange values of every coin then circulating, fixed in rixdollars. The ledger reads as a map of early-19th-century global trade: gold from Britain, India, Brazil, and Venice; silver from across Europe; copper from the Cape itself. Thirty-plus coin types in simultaneous use.

— 1806 Proclamation · Coin classes by metal — A snapshot of global trade
— Gold class — Gold

Guineas from Britain · Mohurs from India · Johannes from Portugal · Doubloons from Spain · Venetian Sequins from the Italian trade routes.

— Silver class — Silver

Rupees from India · Ducatons from the Netherlands · Guilders from Dutch trade · Shillings from Britain · Sixpence in fractional silver.

— Copper class — Copper

Pennies at the rate of 1/12 rixdollar. The lowest-value circulating coinage — the working currency of the Cape's daily transactions, including the dubbeltjie.

Three metal classes, thirty-plus distinct coin types, all in simultaneous circulation. The proclamation's value-fixing system was the only way to make commerce function under such monetary fragmentation. The 1825 sterling introduction ended this complexity in a single stroke.

Library cross-references

Sources

— Reference works for this page —
  • Strombom, I. "The Proclamation of 19 April 1806." South African Numismatic Journal, 1962. The specialist work on the 1806 proclamation and the coin-class system it documented.
  • Hern, Brian. Standard Catalogue of South African Coins. Covers post-1825 SA coinage; the pre-1825 era is summarised in the introductory historical sections.
  • Wikipedia: South African pound. General historical overview useful for the broader monetary-history context.

Revision history

22 Feb 2026 Initial build · four-regime structure · 1806 proclamation ledger
The South African Numismatic Library A division of Jardines Galleries · © 2026