Mandela Coins Sold For R275 000 In South Africa

 

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

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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.

Click Here to see more details at SA Coin.

How to invest in bitcoin in South Africa

The price of bitcoin has been rising steadily over the years, and as it becomes more mainstream, more and more people are eager to invest in the technology.  Long term investors in bitcoin have really benefited from the price increases, and going forward, the future looks very bright.

 

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What is the minimum investment amount?

There is no real minimum amount when it comes to bitcoin, but to see any real return on your investment, you should invest enough to make it worth your while. Since the price of bitcoin is volatile, it is not recommended to invest money that you will need desperately in the foreseeable future. Most people agree that to see the best benefits, a bitcoin investment should be considered a long term investment.

What is a bitcoin exchange?

A bitcoin exchange is a website that facilitates the process of exchanging your Rand for bitcoin with other users. If you want to invest in bitcoin, the best place to do that is at a bitcoin exchange.

Please read our page on where to buy bitcoin in South Africa

On a bitcoin exchange you are not actually buying the bitcoin from the exchange itself, you are instead trading with other users such as yourself, who are putting their bitcoin up for sale. The exchange acts as a middleman, ensuring that sellers get their Rand, and buyers get their bitcoin. You cannot get scammed by another bitcoin trader on a bitcoin exchange, you do not know who you are trading with, and have zero communication with the other traders. Traders use bitcoin exchanges to trade bitcoin like Forex 24/7, but for investment purposes, you would just use the exchange to buy your bitcoin when investing, or sell your bitcoin when divesting.

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.)

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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.

 

We are still looking for Mandela R5 Coins

A new South African five rand (R5) coin is to be released on 18 July 2008 to celebrate the 90th birthday of former president and Nobel Peace laureate Nelson Mandela. The South African Reserve Bank, the South African Mint, the Nelson Mandela Foundation and the Ministry of Finance will release five-million of the bi-metal coins into circulation.

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The coin was launched at the Nelson Mandela Foundation in Johannesburg in July 2008. Making the announcement, Minister of Finance Trevor Manuel said the coin would symbolise the love Mandela has for humankind, and by passing the coin around people will share that love. “We want to see it in circulation,” he added.

Mandela is affectionately known by his clan name of Madiba. “We are so privileged to have Madiba with us, who actively continues to provide leadership and who continues to be an example to all of us,” said Manuel.

Manuel, Mandela and Reserve Bank Governor Tito Mboweni struck a new R5 coin on the day of the launch using a manual coin press. The new coin was then ceremonially handed over to Mandela. “Today I am richer than yesterday,” joked the statesman, “and I am not going to associate with poor people any more. This is very nice

Manuel and Mboweni are encouraging the public to spend their Madiba birthday coins rather than squirrel them away. “We want people to touch a bit of Madiba, to share the love and leadership as the coin goes around.”

The obverse, or head, of the coin features Mandela in jovial mood, wearing the trademark “Madiba” shirt that has become a style icon and sets him apart from the usual, more formal portraits of leaders on coins. Mandela has worn the Madiba shirt in Parliament, when meeting foreign dignitaries, and at formal and informal functions, and has turned it into his personal fashion statement.

The reverse, or tail, of the coin features the new South African coat of arms, which was adopted on Freedom Day, 27 April 2000.

This is not the first time the former president has been honoured on the face of a coin. In 2007 the Mint introduced a pure gold and silver Protea coin series which honoured the 1993 joint Nobel Peace Prize laureates and former South African presidents Nelson Mandela and FW de Klerk. The Protea series of collector coins commemorates matters of importance in the history of South Africa. The R25 coin features both statesmen together while the two R1 coins portray them individually.

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

for more visit>>>>https://tradingjobs.co.za/category/coin-sell/