1892 South Africa Penny KM.2 - NGC AU 50 - About Uncirculated

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I try not to complain when I feel a coin is under-graded but, I can't bite my tongue here. Originally I felt this coin was a softly struck specimen (as so many of this date seem to be). I do however appreciate now that the coin does show some very light rub - but AU 50 rub? C'mon! The coin still shows real luster and remains wicked sharp on the reverse.

Government Republik (Zuid-Afrikaansche Republiek)
Coinage Type Standard Coinage (12 Pence = 1 Shilling; 20 Shillings = 1 Pond)
Composition Bronze
Description Obverse Bust left
Description Reverse Arms within design
Legend Obverse ZUID AFRIK.REPUBLIEK


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