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.

 

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Watch The Video

 

5 Common Forex Trading Mistakes That You Must Avoid: No 5 Is The Worst Mistake

 

5 Common Forex Trading Mistakes That You Must Avoid: No 5 Is The Worst Mistake

 

A lot of people rushes into forex without noticing the mistakes that could be avoided. Here are some of the mistakes that traders do and how to avoid them when trading forex. Read carefully so that in your next trade you will avoid making the mistakes.

1. No trading plan

Experienced traders know their exact entry and exit points, amount of capital to be invested in the trade, and the maximum loss they are willing to take. Novice traders may be unlikely to have a trading strategy in place before they start trading. Even if they have a plan prepared, they are more inclined to abandon it, if things are not going their way.

2. Pre-Positioning for News

FX Calendar is a very good tool to collect information on what is going on on the market. Though keep in mind, that even if you are fairly confident in what news will move on the market, you can really predict how the market will respond to the expected announcement. Quite often, there are complementary figures or indications provided that can make moves irrationally.

3. Trading Right after News

Wait for volatility of the announced news to become less intense and really develop a definitive trend. By following this advice you will manage your risks more effectively having more stable direction and no liquidity concerns.
4. Averaging Down

There are several problems connected with averaging down. The main one is that losing position which is being held is a voluntary money and time sacrifice. Remember that a larger return is required on remaining capital to get back your lost one. Averaging down might work occasionally, but mostly it is leading to inevitable losses, as a trend can maintain itself longer than you will stay liquid. Trade opportunities must be realized when they occur, and poor trades must be exited quickly.

 

5.Risking More Than 1% of Capital
Excessive risk does not equal excessive returns. Almost all traders who risk large amounts of capital on single trades will eventually lose in the long run. A common rule is that a trader should risk (in terms of the difference between entry and stop price) no more than 1% of capital on any single trade. Professional traders will often risk far less than 1% of capital.

How Sandile Shezi Made Millions at the Age of 24

How Sandile Shezi Made Millions at the Age of 24

At the age of 23, Sandile Shezi’s rise as a South African foreign currency investor and the country’s newest and youngest multimillionaire was not instantaneous. He started humbly in his hometown of Durban, selling muffins at his high school, but he always had big business dreams in the back of mind.

Shezi’s knack for seeing good ideas in unexpected places led him to selling clothes door-to-door, where he learned the ins and outs of business savvy and how to use rejection as extra motivation. Shezi had to drop out of university to keep his business going – which despite his success he still regrets, especially disappointing his parents who, as teachers, taught him the importance of a full education.

Soon, after reading about forex trading, Shezi took a chance, investing the remainder of his university tuition money into the heady, competitive world of online investing. With a natural inclination towards numbers and their patterns, and more than little common sense, Shezi soon saw success in the stock market game.

Global forex is the largest financial market in the world, trading non-stop from Beijing to London and New York around the clock, with over US$4-trillion changing hands every day on volatile and risky currency markets. With most trading done by banks and big corporations, it takes guts, skill and a bit of luck to tackle the market as an single investor.

Shezi admits that investment is risky, but with the right mindset and a little training in what to look for in the markets, anyone can do it. He calls South African mining and media magnate Sandile Zungu his business hero, who similarly began his career as a young risk-taker. “If he could do it, why can’t I?” Shezi says.

After conquering the investment world, Shezi decided to use his good fortune to give back to the community, particularly young South Africans with big dreams but no access to resources.

He founded the Global Forex Institute with the aim of recognising and mentoring notable young talent for the world of business, as well as teaching the skills needed to tackle the international stock market. “It’s about …making them understand when is the right time to buy, when is the right time to sell and how do you go about avoiding losing your capital,” Shezi told CCTV. “I want to make sure the masses know about trading.”

The Global Forex Institute is the only company in South Africa that provides foreign exchange training for free as a way to create employment and entrepreneurial opportunities for young people.

Shezi says in a country like South Africa, with high unemployment but a strong sense of entrepreneurship and natural business wisdom, people should be encouraged to follow their gut feelings and take risks when they have the right knowledge and ability.

Trading may not be the easiest or safest way to make a living, but investment skills and the ability to see the big picture can help in any business, large or small. His company offers free classes for prospective businesspeople and beginners looking to try their luck at investing.

So what’s next for this South African success story? In addition to his company and business education interests, Shezi wants to teach all South Africans about good money management and invest in the country’s unique businesses.

Humble in his success, Shezi says he is just a person who saw an opportunity and took a chance. Anyone, he says, can do it.

Why is Sandile Shezi Known as One of South Africa’s Youngest Millionaires

From his early beginnings selling muffins in high school (something he was laughed at for), to trading in all the money that was supposed to be for his education, Shezi has made a big move that has turned him into a businessman and millionaire.

Shezi took a risky move and became the youngest millionaire in South Africa, namely: Forex trading, an over-the-counter market in which the currencies of the world are traded. He was raised by both parents (teachers) and is from an ‘average Joe’ family.

Forex Trading, Making Money On The Internet

“Inside every rich man is a poor kid that followed his dreams,” he says on his Facebook account
He grew up in the same Durban township as his role model Sandile Zungu. Zungu, who is the executive chairman of Zungu Investments Company Limited, did a program in global leadership at the prestigious Harvard university. “If he can do it, why can’t I?” Shezi said during an interview with CCTV Africa.

“It is not a lot of young people who can make it out of this township and do well for themselves.”

 According to a News24 interview, Shezi mentioned that after selling muffins he started selling clothes, which he says taught him a lot about business and handling rejection, as it was a door-to-door sales. He decided to drop out of university during his third year to trade full time, without his parents knowing. He mentions that his parents at the time were disappointed with him for dropping out, but he did it to pursue his dreams, and now they remain fully supportive of him.

“People always say Sandile you are such an inspiration, who inspires you? [My answer] Poverty…”

Look at his cars:

He is now the co-owner and founder of the Global Forex Institute which aims at providing affordable, effective Forex training that works, to the masses. Global Forex Institute empowers the mass on doing the same thing that he did and educating them about Forex.

Source: News24