Where to sell Mandela coins in South Africa in 2022? Many South Africans often ask where can they sell Mandela coins in South Africa. You can sell your Mandela Coins in South Africa from the Mandela Inauguration Coin (1994), Mandela 90th Birthday Coin (2008) and the Mandela’s 100th Birthday R5 coin (2018). Banks, Authorized coin dealers, or coin collectors buy Mandela coins from individuals. You can also sell your Mandela coins at eCommerce platforms. In this article, you will learn how to sell Mandela Coins in South Africa.
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What Are Mandela Coins?
The Mandela R5 coins are legal tender in South Africa, bearing the value of R5 only. In South Africa, we have the Mandela Inauguration Coin (1994), Mandela 90th Birthday Coin (2008) and the Mandela’s 100th Birthday R5 coin (2018).
Where To Sell Mandela Coins In South Africa
Here is a list of places where you can sell Mandela Coins in South Africa:
- SA Coin
- Bidorbuy
- South African Reserve Bank (SARB)
- Ananzi
- Gumtree
- eBay
- Junk Mail
Which bank buy Mandela Coin in South Africa?
In South Africa, the South African Reserve Bank (SARB) buys Mandela Gold Coins, Krugerrand, Protea series and Natura series gold coins from the public. The SARB purchases gold coins from the public from Monday to Friday between 08:30 and 12:00 at the SARB Head Office in Pretoria. These hours are subject to change during the festive season.
Res Bank has also urged people that customers wanting to sell commemorative gold coins or gold coins that are not deemed to be legal tender should approach a coin dealer.
TWO NEW R50 MANDELA COINS LAUNCHED
Two new R50 Mandela coins were launched by the South African Mint. The coins cost R127 each.
The R50 bronze alloy depicts Mandela as a young lawyer while the R50 sterling-silver coin depicts the older president.
Two new R50 Mandela coins were launched by the South African Mint recently. The launch of the coins coincides with former President Nelson Mandela’s 100th birthday, commemorated by the South African Government throughout the year.
The coins will be priced at R127, representing the 27-years Mandela spent in prison, South African Mint Managing Director, Tumi Tsehlo, said in a statement.
“Pricing the coin was a conscious tribute to Nelson Mandela’s legacy and our way of paying it forward,” Tsehlo said. “With every coin purchased, R27 (VAT-free) will be donated to the Nelson Mandela Foundation.”
The coins can be purchased from the South African Mint’s retail store in Centurion, Elegance Jewellers in Melrose Arch and various pop-up stores in malls around South Africa.
The range is set to include a special-edition R500 gold coin, which has not yet been released.
Image Courtesy: moneytoday.co.za