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

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.

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:

Watch The Video