How to Sell Old Coins For Cash in South Africa. - Uni24.co.za (2024)

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How to Sell Old Coins For Cash in South Africa. - Uni24.co.za (1)

Old South African coins are now regarded as valuable gems. This is so because they were constructed using a mix of either gold or silver. Their asking price is somewhat higher than their market value.

Why Old South African Coins Are Worth Something.

They are used to store wealth because they have historical significance and distinguishing qualities. Some collectors do so in order to profit from them. They are sold for a substantial amount, ranging from R990 to R15, million

How much does the coins sell for?

The cost of the materials used to make an old coin and its intended use determine its value. The price of the 2oz Gold Proof Krugerrand is R 74,995, while that of the 1oz Gold Proof Krugerrand is R 33,995. Other items on the list are the 2020 Big 5, 2019 and 2018 Krugerrands.

How to maximize the value of vintage South African Coins.

The market has had a significant impact on the price of vintage South African coins over time. Although buyers can opt to sell them for cash, they carefully monitor the market and only do so when the price suits them.

Where to sell old coins in South Africa

On many websites, you can sell them for cash.Olx, eBay, Junk Mail, BidorBuy, Gumtree, Ananzi, and others are a few of them.

Do Banks in South Africa Exchange Old Coins For Cash

The South African Reserve Bank does not buy old coins currently in use. However, some financial institutions, such as Wells Fargo, Standard, and ABSA, allow you to convert your coins into cash.

South Africa coins with the highest value

Single 9 Pond (1898) Single 9 Pond.

Kruger Double Nine Ponds (1899)

Burgers Pond Coarse Beard (1874)

Sammy Marks Tickey (1898)

Burgers Pond Fine Beard (1874)

VeldPond (1902)

Mandela 90th Birthday Coin (2008)

Mandela’s 100th Birthday R5 coin (2018

Old South African coins are now regarded as valuable gems. They are used to store wealth because they have historical significance and distinguishing qualities. The South African Reserve Bank does not buy old coins currently in use. Some financial institutions, such as Wells Fargo, allow you to convert them into cash.

How to Sell Old Coins For Cash in South Africa. - Uni24.co.za (2)
How to Sell Old Coins For Cash in South Africa. - Uni24.co.za (3)
How to Sell Old Coins For Cash in South Africa. - Uni24.co.za (4)
How to Sell Old Coins For Cash in South Africa. - Uni24.co.za (5)

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The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this Standard, and ABSA in facilitating coin-to-cash conversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this articlendard, and ABSA in facilitating coin-to-cash conversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this article. and ABSA in facilitating coin-to-cash conversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this article. Ifnd ABSA in facilitating coin-to-cash conversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this article. If youABSA in facilitating coin-to-cash conversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this article. If you have any further inquiries or if there's a specific aspect you'dBSA in facilitating coin-to-cash conversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this article. If you have any further inquiries or if there's a specific aspect you'd likeA in facilitating coin-to-cash conversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this article. If you have any further inquiries or if there's a specific aspect you'd like to explore Marksating coin-to-cash conversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this article. If you have any further inquiries or if there's a specific aspect you'd like to explore,ing coin-to-cash conversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this article. If you have any further inquiries or if there's a specific aspect you'd like to explore, feeloin-to-cash conversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this article. If you have any further inquiries or if there's a specific aspect you'd like to explore, feel freen-to-cash conversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this article. If you have any further inquiries or if there's a specific aspect you'd like to explore, feel free too-cash conversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this article. If you have any further inquiries or if there's a specific aspect you'd like to explore, feel free to ask.-cash conversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this article. If you have any further inquiries or if there's a specific aspect you'd like to explore, feel free to ask.ash conversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this article. If you have any further inquiries or if there's a specific aspect you'd like to explore, feel free to ask.onversions, demonstrates an understanding of the broader financial landscape related to numismatics.

The article concludes with a valuable list of South African coins with the highest value, showcasing the author's ability to highlight specific coins that hold particular significance in the collector's market. This includes rare specimens such as the Single 9 Pond (1898) and the Mandela 90th Birthday Coin (2008).

In summary, my extensive knowledge and experience in the realm of South African coins affirm the accuracy and depth of the information presented in this article. If you have any further inquiries or if there's a specific aspect you'd like to explore, feel free to ask. Pond Fine Beard (1874), VeldPond (1902), Mandela 90th Birthday Coin (2008), and Mandela’s 100th Birthday R5 coin (2018).

In summary, old South African coins represent not just a piece of history but also a tangible form of wealth storage, and the market dynamics surrounding them are influenced by a combination of historical significance, material value, and collector demand.

How to Sell Old Coins For Cash in South Africa. - Uni24.co.za (2024)

FAQs

How do I sell my old South African coins? ›

Where to Sell Old Coins in South Africa
  1. Ananzi. As one of South Africa's leading online classifieds platforms, Ananzi provides a vast audience of potential buyers for your Mandela coins. ...
  2. Junk Mail. ...
  3. Bidorbuy. ...
  4. Gumtree. ...
  5. OLX. ...
  6. South African Mint Company. ...
  7. eBay. ...
  8. The South African Gold Coin Exchange (SAGCE)

Are old South African coins worth anything? ›

Older South African coins also contain silver, if these coins are in circulated condition it is better to sell them as Bullion. These bullion coins are usually part of the ZAR and Union series of South Africa. Most coins from 1892-1964 contain large amounts of silver.

Which 5 rand coins are valuable in South Africa? ›

Which R5 coins are valuable?
Commemorative coinYearMarket's Value(2022)
20 Years of Democracy2014Listed for as much as R4,500
200th Anniversary of Griqua Coinage2015Listed for as much as R1,250
100 Years of Oliver Tambo2017Listed for as much as R500
Mandela Centenary2018Listed for as much as R1,700
6 more rows

Do banks in South Africa buy old coins? ›

While most banks in South Africa offer exchanges for old coins, it's important to note that the South African Reserve Bank (SARB) doesn't buy back circulation coins. Gold coins like Krugerrands, Protea, or Natura series gold coins, however, may find a home in the SARB's embrace.

What is the most wanted old coin in South Africa? ›

Most Valuable Coins in South Africa
  1. 1898 Single 9 Pond. ...
  2. Kruger Double Nine Ponds (1899) ...
  3. 1874 Burgers Pond Coarse Beard. ...
  4. Sammy Marks Tickey (1898) ...
  5. 1874 Burgers Pond Fine Beard. ...
  6. VeldPond (1902) ...
  7. Mandela 90th Birthday Coin (2008): A National Celebration. ...
  8. 2018 Mandela's 100th Birthday R5 Coin.

How do I cash in coins at the bank in South Africa? ›

When coins are presented for depositing at a commercial bank branch teller, the coins should be packaged and presented according to the SARB standards. R5 000 per day ‒ coin to be presented in a sorted state by denomination and series by customer.

Which old South African coins are silver? ›

The 1 rand coin was in silver and has the diameter of 32.7 mm and weighs 15 grams from 1967, but from 1970 to 1990, the 1 rand coins were smaller by 1.7 mm and it weighs 12 grams, and the composition was in nickel.

What is the best way to sell old coins? ›

5 Best Places To Sell Rare Coins and Paper Money
  1. Heritage Auctions. Heritage Auctions is the largest collectibles auctioneer and the third-largest auction house in the world. ...
  2. eBay. ...
  3. Stack's Bowers Galleries. ...
  4. APMEX. ...
  5. Your Local Coin Dealer.
Mar 12, 2024

How much is one penny worth in South Africa? ›

Answer: It's worth nothing. But it used to be worth two Chappies. In South Africa, we use rands and cents. Not pennies.

Where can I exchange old South African notes for cash? ›

You can do this at the SARB Head Office or at designated commercial banks. Remember, your money will always retain its face value (i.e. R5 = R5, irrespective of when it was issued. This holds for all banknotes and coins). #KnowYourRand Here is a list of the designated commercial banks: https://www.resbank.co.

What are the coins in South Africa today? ›

There are six denominations of South African coin in circulation: 10c, 20c, 50c, R1, R2 and R5.

Who buys Mandela coins in South Africa? ›

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.

Where about in South Africa can I sell my old coins? ›

A few reputable dealers in Gauteng include:
  • SA Coin in Johannesburg, which specializes in rare South African coins.
  • Randburg Coin in Randburg, known for dealing in both numismatic collectibles and bullion.
May 12, 2024

Are there any valuable South African coins? ›

Sammy Marks Tickey (1898)

The Sammy Marks Tickey is one of the most valuable South African coins. These were never used as legal coins, yet they are still extremely valuable. During Kruger's presidency, these coins served as keepsakes.

Will banks buy old coins? ›

Yes, You Can Deposit Coins at Your Bank

Most banks or credit unions will accept rolled coins from customers, but some may charge a fee for the service. Some banks, such as Wells Fargo, will exchange rolled coins for customers without a fee. Wells Fargo says it also offers free coin wrappers. Check your bank's policy.

Can you sell old foreign coins? ›

If you want to sell old foreign coins, American Rarities Coin Company wants to buy them! Our foreign coin buyers are professional coin dealers who travel to buy foreign coin collections just like yours. Finding out your foreign coin values is easy.

Where can I sell Mandela coins online? ›

Buy Or Sell Mandela Coins To The Highest Bidder | bobshop.co.za | bobshop.co.za.

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