How much can I get for the Mandela R5 coin?
The value of the Mandela R5 circulation coin remains R5. However, the gold Mandela coins that form part of the Natura series of gold coins are bought by the SARB at the prevailing gold price.
What price can you give me for my 1979 1 oz Krugerrand?
The SARB will only pay for the gold content of any Krugerrand, and Protea or Natura series gold coins offered. The prevailing market gold price and dollar exchange rate are used to calculate the price offered for the coin(s) on the day of selling. It should be noted that no premium is paid for the scarcity or collectability of any coin(s) offered for purchase by the SARB. Authorised coin dealers or coin collectors are more likely to pay a premium for collectable coins.
Does the SARB pay a premium for proof coins?
The SARB only pays for the gold content of the coins offered. However, proof coins can be sold to an authorised coin dealer or coin collector who might be willing to pay a premium for the coins based on their scarcity and condition.
Does the SARB provide parking for clients who wish to sell back their gold coins?
The SARB does not have parking available for the public. Clients can consider using the parking offered by the State Theatre and Sammy Marks Square, as both are in close proximity to the SARB.
Where can I buy Krugerrands / can I purchase gold coins from the SARB?
The SARB does not sell coins to the public. Gold coins, including Krugerrands, can be purchased from the South African Mint or authorised coin dealer. A list of accredited authorised gold coin dealers is available on the South African Mint website.
What price can I expect the SARB to pay for my Krugerrands or other acceptable gold coins?
The prevailing market gold price and dollar exchange rate are used to calculate the price offered for gold coin(s) on the day of selling.
What is the procedure for selling gold coins to the SARB?
The purchasing of legal tender gold coins from the public is offered on Wednesdays, between 09:00 and 12:00 strictly on an appointment basis only. More information and contact details are provided on this SARB webpage.
Which gold coins are bought back by the SARB?
The SARB buys Krugerrands, and Protea and Natura series gold coins from the public. However, the SARB will only pay for the gold content of each coin and no premium is paid for the scarcity or collectability of the coin. Authorised coin dealers or coin collectors are more likely to pay a premium for collectable coins.
