Creative Uses of The Mandela Coin

Mandela R5 Coin Bracelet

Collectors of the Mandela coins are becoming more creative with the coins. We have learnt recently about bracelets made from the Mandela R5 coin.

Why these Mandela R5 Coins?

As described in Wikipedia, Nelson Rolihlahla Mandela was a South African anti-apartheid revolutionary, political leader, and philanthropist who served as President of South Africa from 1994 to 1999. He was the country’s first black head of state and the first elected in a fully representative democratic election.

SA Mint explains about 2018 Mandela coins. The bimetallic R5 circulation coin is central to this range, enabling the South African public and coin collectors to celebrate the centenary year of Mandela’s birth. The coin goes into circulation in July 2018, the month in which Mandela was born.

Even now that Nelson Mandela has passed on, his legacy still lives. People wants to remember him in their own unique way. Some collects his portraits, some collect his coins which was especially made for collection purpose. But recently, we have seen collectors collecting the circulating coins for different purposes.

From the image above you can see the creativity on the bracelet using the 90th Mandela birthday R5 coin.

Do you still have the Mandela Coins?

See more from the links below to find out how and where to sell the coins.

Sell Mandela Coins

5 Places to Sell Mandela Coins Today

Mandela Coin Sold for R750 000

Mandela 90th Birthday R5 Coin: How Much it Worthed

Areas to Sell Mandela Coins

What is Kruger Rand? Learn More

How to Invest in The Coin Collection Business

Why Investors are Collecting/Buying Coins? Read More…

Read This Before Selling Your Coins

Understand What Kruger Rand is and The Value

Earn Free Money

Sell Griqua R5 Coin

Most Wanted Old SA Coins

Graded vs Non-Graded Coins

New 2018 Mandela Coin

Mandela Gold Coins Special Edition

Sell Mandela Coins via Whatsapp

1965 Coins Paying up to R30 000

Don’t Sell Your Mandela Coin Untill You Read This Article

Do you still have Mandela coin? Do you want to sell it? Read this article to understand the background of the Mandela coins.

In 2007 a rare Mandela proof R5 coin, minted in 2000, sold for R200 000 ($26 300). According to rare coin dealer SA Coin, this is one of only three coins in existence in such a perfect proof condition, and the value of these coins has increased by 4.4-million percent over the last seven years. SA Coin attributes this to the fact that Mandela is such a well-loved figure all over the world.

Security measures

The original R5 coin, which was part of a new South African coin series proposed in 1989, featured a black wildebeest, or white-tailed gnu, on the reverse. The black wildebeest is indigenous to Southern Africa and is one of two gnu species found here, the other being the blue wildebeest.

 

However, the first R5 coins were only minted in 1994, the year of the first democratic elections held in South Africa. Two R5 coins were released in that year, one to commemorate the inauguration of Nelson Mandela as president and one featuring the black wildebeest. The original R5 coins were made of nickel-plated copper.

 

The R5 coin in circulation today is South Africa’s first bi-metal coin and was introduced in 2004 after extensive counterfeiting of the previous version. The new coin, which also features the coat of arms and the black wildebeest, has a number of built-in security features, among them a security groove on the rim of the coin, serrations on both sides of the security groove, the term “SARB 5” written 10 times around the security groove and “SARB” written 57 times in micro lettering on the reverse of the coin.

 

Since 1996 the words “South Africa” have been written on the obverse in all 11 official languages on an annual rotating basis.

The old R5 coin is still legal tender but is being phased out over time.

How Much is The 90th Birthday Mandela Coin

Several of the Mandela 90th Birthday proof 70’s have sold for R275 000. The rare 90th birthday Mandela proof and mint state coins are expected to show blistering financial performance in 2014 tax free. The first year after the death of the great Nelson Mandela. These are the rare R5 Mandela coins that are in the greatest demand from the South African and international public.

The proof versions of these coins are the most beautiful South African coins ever manufactured, they are breath-taking. The proof versions are also by number of only 5 000 minted with the exception of the finest known rare R5 Mandela coins the most rare Mandela coins of the entire series. We are projecting that proof 70 birthday Mandela coins will sell for R450 000 at the end of the year around R1 million by the end of 2017. The proof 69 birthday Mandela coins are expected to be selling at R65 000 by the end of 2016 and R110 000 at the end of 2017.

S A COIN is the largest rare coin company in South Africa. They have been in business for around 25 years. In that time they have developed the market for South African rare coins from a small sized cottage industry market to being valued at over R1.1 billion rand. They took South Africa’s rarest coin the single 9 from a value of R600 000 in 1996 to a value and sale of R4 650 000 through S A COIN in 1998. Today the Single 9 is valued at R50 million rand

each other but all with the same purpose, to keep the coin industry alive and thriving. Our sales staff and experienced consultants have received excellent training in the industry and continue to receive on-going training as the market evolves. One of our senior staff members has held top management positions in the coin industry for the past 30 years. This coupled with the Accounting experience of an International Corporate accountant give us a strong accounting and administrative background. We offer a well-balanced, rounded company to benefit our customers in this incredible field of coin investments and rare coin.

Sell Mandela Coins on BirOrBuy

Sell Mandela Coins on BirOrBuy

A lot of people are selling their Mandela coins on bidorbuy. Make an offer, upload your coins on the website and maybe you may find the buyer. All you need to do to sell your Mandela coins is to go to bidorbuy website.

 

Learn more about bidorbuy

 

bidorbuy has created a safe and convenient way for people to buy and sell virtually anything online at a fixed price or in an auction format.

 

Established in 1999, bidorbuy has grown to become one of South Africa’s foremost online shopping destinations. The growth is both in terms of user base and in terms of the range and number of products on offer. bidorbuy has withstood the hardest test of them all, the test of time, to prove its viability and usefulness in the South African ecommerce landscape.

 

About bidorbuy

bidorbuy is a perfect solution for selling with the help of sophisticated ecommerce tools and with a minimum of investment. bidorbuy offers great exposure to vendors as it is open for trading 24 hours a day, 7 days a week.

 

As a result of bidorbuy’s effective marketing campaigns, goods on the site are exposed to a high volume of traffic. That is why bidorbuy is attracting a variety of sellers, from independent entrepreneurs to larger online retailers.

Learn how to sell on bidorbuy Multichannel with bidorbuy and uAfrica 

Source: Bidorbuy

1965 Coins Pays Up to R30 000

1965 Coins Pays Up to R30 000

If you  are in the coin collection business you have to know the value of the coins you are collecting. It is also important to compare buyers bids before you let your coin out. You can make more money by selling old South African coins at the coin shops.

Here are some valuable information to know about coins from 1965 to 2014

Only the items listed for the period 1965 and later have value due to their low mintage. Items not listed have no value due to their large mintages.

For more detailed values we recommend you purchase catalogues and contact dealers directly. Choice and better quality items and scarce dates could be worth substantially more subject to viewing and grading.

Coins from 1965 Pays Up to R30 000



Should you require an offer to purchase, kindly arrange for an appointment or alternately fax, email or post an inventory list to us.

Indicative values for circulated coins.
Better prices are paid for CHOICE QUALITY.
Damaged coins are worth less

Coin Description ( Size / Weight )
Year of Coin

Source: RandCoin

You may also read

How to Sell Mandela Coins 

Wanted coins selling for up to R20 000

Sell These Old Coins via WhatsApp: Some Sells for R20 000

Sell These Old Coins via WhatsApp: Some Sells for R20 000

Do you know the value of your old South African Coins? There are companies waiting to buy these vintage coins for up to R20 000. And you can sell these coins via WhatsApp. Get more details via WhatsApp on how much you can sell your vintage South African coins. Also find the place where you can go and sell your coin in person here in South Africa.

Please note the year and language listed on the coin. Some coins are valuable and some worth nothing at all. There are special coins that are the most wanted and buyers are willing to pay the highest price.

See more below…

UNION Coins – 1923-1960

These coins vary in silver content. Coins minted 1923-1950 will have a higher value than coins minted 1951-1960.
3d (tickey) only the 1931 3d has high value. 6d – 1 shilling – 2 shilling – 2 ½ shilling – 5 shilling

NB: (All the above coins minted from 1965 onward have no silver value, they are made from nickel.)

R1 coins dated 1965-1976.

From 1970-1976 – R1- coins only issued in collectors sets and are worth bullion value.
An easy way to check if your R1 coins are silver is by using a magnet, a fridge magnet will do. If the R1 coins stick to the magnet it is not silver and only worth face value.
I will also buy the silver commemorative series.

Download The List in Pdf

Places to sell these coins

Kenwigs Coins & Medals

Suite 8, First Floor,
Medical Suites,
Thrupps Illovo Centre
204 Oxford Road,
Illovo,
Sandton 2198

Telephone: 011-327-6388
Cell: 079-399-8987 (WhatsApp)
Email: info@kenwigs.co.za
Hours: 10:00am to 4:00pm

We asked who’s head is on South Africa’s 1966 50C coin.

And the answer is Jan Van Riebeeck

Sources:numista.com, Kenwigs.co.za

The New 2018 Mandela Coin

The South African Mint, a subsidiary of the South African Reserve Bank (Sarb) announced the launch of two new limited edition coins which pay tribute to struggle icon and former president, Nelson Mandela. The new 2018 Mandela Coin.

The new coins serve as a commemoration of Mandela’s legacy and what he stood for during the Apartheid era.

Notably, 2018 marks exactly a century since the birth of Mandela and the Mint aims to celebrate this milestone.

The two coins are visibly different in appearance, the one coin being bronze while the other is sterling silver.

The R50 bronze coin also depicts Mandela in his youth as a young lawyer while the R50 sterling silver coin portrays him as SA’s first democratic President.

 

Pricing of The New 2018 Mandela Coin

The bronze alloy coin is priced at R127 and tells its own tale, says Tumi Tsehlo, MD, South African Mint.

“Pricing the coin was a conscious tribute to Nelson Mandela’s legacy and our way of paying it forward. To celebrate 100 years since the birth of Mandela, and in remembrance of the 27 long and lonely years, he spent in prison, the entry-level bronze alloy coin is priced at R127.

With every coin purchased, R27 (VAT-free) will be donated to the Nelson Mandela Foundation”.

Notably, the two coins are also the second installation in the “Celebrating South Africa” theme. The first installation being the 2017 OR Tambo Centenary range.

According to the SA Mint, the series serves to educate individuals on SA’s struggle icons.

“South Africans must never forget her heroes who stood up and against injustice and inequality to usher a new era of freedom and democracy. We hope their stories will continue to be told and heard every time someone holds a Madiba or Tambo commemorative coin,” adds Tsehlo.

“Collectability is a function of craftsmanship, quality and theme amongst other personal preferences. The Mandela series no doubt ticks all the boxes and will be an amazing addition to any collection, not only because of its design but also because of the enduring value of the theme.”

List of Areas Where You Can Sell Mandela Coins for Extra Cash in South Africa

The coins can be purchased for the South African Mint’s retail store in Centurion, Elegance Jewellers in Melrose Arch and various pop-up stores in malls around South Africa.

Tselo added that they will be announcing new products in the Mandela Centenary range.

Where can you buy and sell Mandela Coins in South Africa

Source: IOL

The Difference Between The Graded and Non-Graded Mandela Coins

The coins that have value are those that are graded by the grading companies, so you must know and be able to differentiate between the graded and non-graded Mandela coins.

Grading Companies
The largest and most respected organisation of professional coin dealers is called PNG (Professional Numismatists Guild) and ICTA (Industry Council for Tangible Assets). They look over the coin market and make sure dealers around the world know about the differences in between grading companies.PNG releases surveys of the biggest grading companies.

As you can see on the table produced by PNG, NGG and PCGS emerge as the top graders in the world.

For this reason The Coin Company only deals with NGC and PCGS coins. All our Nelson Mandela Coins, Nelson Mandela 90th Birthday R5, 2000 Nelson Mandela Millennium R5 and 1994 Presidential Inauguration R5 are NGG or PCGS graded.

BE AWARE!! Do not buy any coins that are not graded by PCGS or NGC. Nelson Mandela coins without grading have no other value than the one they represent.

ANACS grading came into being as an arm of the American Numismatic Association, the world’s largest coin club. In 1990 after ANA sold its grading service to Amos Press of Sidney, Ohio, it ranked “average” in the PNG (Professional Numismatists Guild) and ICTA (Industry Council for Tangible Assets) report for grading accuracy. For this reason we don’t deal with ANACS coins.

What is Krugerrands and How Much Does it Worth

First Edition of Kruger Rands 1967

These were the first Kruger Rands. They were struck at a ceremony which took place at the South African Mint in July 1967. The busts of the 1967 mintage were plain, unfrosted or glossy. Intended for South African collectors, only 10 000 of these coins were struck. In 1968 some of the busts (1044) and inscriptions were frosted.
The reverse sides of Proof Krugerrands are all plain, unfrosted or glossy in 1967. From 1968 onward the inscriptions and designs were frosted.

Year:1967
Coin:1 oz Kruger Rand
Diameter:32,69mm
Mass:33,931 grammes
Edge:Milled
Designer:Otto Schultz
Metal Content:Gold 916,67 / Copper 83,33
Mintage Figure:10 000

The above-mentioned Kruger Rands are selling with different prices depending on the seller but their prices ranges between R18 000 and R75 000 according to some sellers at BidorBuy.co.za

Why do we have 2016 Kruger Rands

To mark the discovery of the Eureka diamond, the SA Mint has minted a truly special product, the 150th anniversary of the discovery of the Eureka diamond, Mint Mark Proof Krugerrand 2016 set. Each set contains a 1oz, 1/2oz, 1/4oz and 1/10oz Proof Krugerrands, all featuring the illustrious Eureka 150 Years Mint Mark.

 

The above Krugerrands minted in 2016 is just a special edition to mark 150th celebration of the discovery of the Eureka diamond. It has been minted by SA Mint and it is selling for about R100 000.

Source: Scoinshop.com, Southcapecoins.co.za

If you are interested in the coin collection business you can also read the following articles:

 

List of Wanted South African Coins Paying up to R20 000

List of Wanted South African Coins Paying up to R20 000

Do you know the value of your old South African Coins? There are companies waiting to buy these vintage coins for up to R20 000.

 

UNION Coins – 1923-1960

These coins vary in silver content. Coins minted 1923-1950 will have a higher value than coins minted 1951-1960.
3d (tickey) only the 1931 3d has high value. 6d – 1 shilling – 2 shilling – 2 ½ shilling – 5 shilling

NB: (All the above coins minted from 1965 onward have no silver value, they are made from nickel.)

R1 coins dated 1965-1976.

 

From 1970-1976 – R1- coins only issued in collectors sets and are worth bullion value.
An easy way to check if your R1 coins are silver is by using a magnet, a fridge magnet will do. If the R1 coins stick to the magnet it is not silver and only worth face value.
I will also buy the silver commemorative series.

Download The List in Pdf

Places to sell these coins

Kenwigs Coins & Medals

Suite 8, First Floor,
Medical Suites,
Thrupps Illovo Centre
204 Oxford Road,
Illovo,
Sandton 2198

Telephone: 011-327-6388
Cell: 079-399-8987 (WhatsApp)
Email: info@kenwigs.co.za
Hours: 10:00am to 4:00pm

We asked who’s head is on South Africa’s 1966 50C coin.

And the answer is Jan Van Riebeeck

Sources:numista.com, Kenwigs.co.za

 

How to Invest in Coin Collection Business

A Coin Collection requires time and investment but it is a very rewarding activity. Regardless of whether you have a lot of money to spend or small budget, I will try to give you the tips on how to start collecting and making money for the future! There is a variety of rare South African coins available.

Different ways to collect

At The Coin Company all our clients share the same interest: Coins

There are two different main types.

  • Collector’s Interest. They would try to get a collection that is priceless and in many cases they will never think about selling it.
  • Collecting only highly graded certified coins or Profit interest: The type of client that wants to buy coins as an investment. This type of client will look for coins that will grow in value in the future.

Coin Investment requires the advice of a broker to make the right choice and purchase. This is a long time investment. We do not recommend buying online any coin before having the possibility to inspect the coin in your hand.

Coin collections

Most of the coins you will find at The Coin Company are graded coins as well as rare South African coins. This means that coins have been inspected and inserted in a plastic capsule with a bar code and a hologram to certify the coin is authentic. This process is done in United States.

If you have a collection of coins that are currently in circulation, remember that unfortunately we don’t buy or sell circulated coins.

If your coins are out of circulation, old or rare, never try to clean them.

The value will decrease if you clean them.

Make the right decision

Make a decision of the type of coin you would like to buy. We will help you decide.

Nelson Mandela Coin Collections

At The Coin Company we specialise in Nelson Mandela Coins.

There are 3 series of coins that were released by SA Mint portraying Nelson Mandela and his presidential inauguration.1994 Presidential

The sky is the limit

Now, when it comes to collecting coins, the possibilities are unlimited. The mint of origin, the grades, the year of mint, however, the most important thing to remember is that no matter whether you are collecting only highly graded certified coins, or you want to specialize in collecting only coins for a particular mintage, or whatever coins you wish to collect – coin collecting is a fun and exciting hobby that should always be held in a safe and out of the way location, such as in a locked safe.

And always remember before buying any coin consult an expert about the specific coins you have interest in.

The Benefits of Collecting and Selling Coins Including Mandela Coins

Coin collecting can start as a hobby and become a very smart way of creating an investment. When investing in rare coins, it can provide a significant medium to long-term benefit. The value of a coin is related to the difficulty to obtain a coin and the demand is generated for that specific coin. Generally, the rarer the coin, the greater the value. The world’s rarest coin is the South African “Single 9” that was minted in 1899.
Nelson Mandela coins are welcome addition to any coin enthusiast’s collection.
All Nelson Mandela coins were produced by the South African Mint.
For a Nelson Mandela Coin to have value, the following requirements are needed:
1. Coin must be uncirculated , Mint State or Proof (Untouched)
2. Graded by International grading companies (Only NGC or PCGS)
3. Certificate of Purchase with name of purchaser.


These are the different options when purchasing PROOF Nelson Mandela Coins. Be aware that Proof coins are different from Mint State Coins.

1994 Inauguration Coin.
2000 Millennium Nelson Mandela Coin.
2008 Nelson Mandela 90th Birthday Coin.
The 1994 Inauguration R5 Coin in both Mint State (MS) and Proof (PF) issue to coincide with the inauguration of President Nelson Mandela in 1994 is by far the rarest and most difficult to come by either MS or Proof.
The 2000 Nelson Mandela Millennium Coins Mint State and Proof were minted in respect to Nelson Mandela on his retirement as State President and they are also very rare.
In 2008 a new R5 coin bearing his head was issued to celebrate his 90th Birthday in July 2008. This had never been done in the history of the SA MINT that two R5 coins were issued with the ex-presidents bust on them.

 

Our Goal is to help you build coin collections and coin portfolios. Remember No Capital Gains Tax or other taxes are payable on resale of Mandela coins, as well as No Estate duties are payable.
The Coin Company specialises in Mandela Coins and other rare collectable coins. We have a collective 30 years of experience in rare coins and as such will provide you, with the knowledge to make the best decision for the ultimate unique portfolio. It is never too late to start and your collection can only grow in value as time passes by. Our mission is to offer assistance and advice to all our clients, either entering the coin market for the first time or to established coin collectors.

Please take a look at the picture below showing MINT STATE (MS) coins so you can see the difference with the Proof coins.
Not all the MS Nelson Mandela Coins should be purchased as an investment, some of these coins are not rare because of the high number of coins available. Our brokers can give you the best advise.
The 2008 Nelson Mandela MS69 is the finest known of all. There are only 11 of these coins and was sold in 2011 for over 2.5 million. The MS68 is also a very rare coin. NGC only records 56 of these coins.
If you have specific interest in making a large investment with these coins contact us by phone.
2008 - 2000 - 1994 Proof_Nelson_Mandela
We are excited to announce that World Coin News confirms this year that rare R5 Nelson Mandela coins are the fastest appreciating rare coins in the world!

Sources: TheCoinCompany

SA Coin

List of Areas Where You Can Sell Mandela Coins for Extra Cash in South Africa

Here is a history of how Mandela coins have been sold for R275 000. You can find areas to buy and sell vintage coins including Mandela graded un-circulated coins.

Several of the Mandela 90th Birthday proof 70’s have sold for R275 000.

 

The rare 90th birthday Mandela proof and mint state coins are expected to show blistering financial performance in 2014 tax free. The first year after the death of the great Nelson Mandela. These are the rare R5 Mandela coins that are in the greatest demand from the South African and international public. The proof versions of these coins are the most beautiful South African coins ever manufactured, they are breath-taking. The proof versions are also by number of only 5 000 minted with the exception of the finest known rare R5 Mandela coins the most rare Mandela coins of the entire series. We are projecting that proof 70 birthday Mandela coins will sell for R450 000 at the end of the year around R1 million by the end of 2017. The proof 69 birthday Mandela coins are expected to be selling at R65 000 by the end of 2016 and R110 000 at the end of 2017.

 

You may also read the following:

Sell Mandela Coins on BirOrBuy

Coins from 1965 Pays Up to R30 000

WhatsApp: Some Sells for R20 000

The New 2018 Mandela Coin

Places to Buy and Sell Bitcoins in South Africa: Open A Free Account

 

Take your coins to one of the following areas

 

1.SA Coin

S A COIN is the largest rare coin company in South Africa. They have been in business for around 25 years. In that time they have developed the market for South African rare coins from a small sized cottage industry market to being valued at over R1.1 billion rand. They took South Africa’s rarest coin the single 9 from a value of R600 000 in 1996 to a value and sale of R4 650 000 through S A COIN in 1998. Today the Single 9 is valued at R50 million rand.

More details at SA Coin.

 

2.TheCoinCompany

Members of The Coin Company are from various backgrounds. All complimenting each other but all with the same purpose, to keep the coin industry alive and thriving. Our sales staff and experienced consultants have received excellent training in the industry and continue to receive on-going training as the market evolves. One of our senior staff members has held top management positions in the coin industry for the past 30 years. This coupled with the Accounting experience of an International Corporate accountant give us a strong accounting and administrative background. We offer a well-balanced, rounded company to benefit our customers in this incredible field of coin investments and rare coins.

 

You may also read the following:

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