How much is the Mandela 90th birthday coin worth?
The R5 coin celebrating former president Nelson Mandela’s 90th birthday. A commemorative Mandela five rand coin is not worth more than its face value – unless it’s a proof coin and still in a capsule. But coin shops are still inundated with queries from holders who believe they may have struck it big.
How much are Nelson Mandela coins worth?
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.
Can you sell Mandela coins at the bank?
You can sell to the South African Reserve Bank, which buys gold coins from the public but does not sell them. It is necessary to note that the bank only buys gold coins accepted as legal tender, including Krugerrands, Natura range, and Protea range.
Where can I sell Mandela 90th birthday R5 coin?
There are several places online where you can sell Mandela coins. These platforms allow you to list your coins for them to reach buyers or customers. Clients need to present the gold coin/s to the gold coin teller at the SARB Head Office in Pretoria with proof of residence, proof of ID, and a bank statement.
How do I sell my Mandela coin?
eBay. eBay is another popular option for your Mandela coins. This platform allows you to sell your coins successfully, especially if you are interested in selling on an online auction platform. You can let interested people bid on the coins and sell them to the highest bidder before the bidding time elapses.
Are Mandela coins still valuable?
Mandela circulation coins
This commemorative coin has no higher value than other circulation coins and is therefore not a collectible coin.
How can I sell my old coins for cash?
The obvious place to sell your old coins is your local coin shop. They will be your best bet for selling low- to mid-range old coins like Wheat cents, Buffalo nickels, junk silver, and scarce silver coins and silver dollars. Check online reviews and feedback for coin stores in your area, and choose a couple to visit.
Which place can I sell Mandela coins?
8 Places To Sell Mandela R5 Coins QUICKLY in 2022
- BidorBuy (Winner) BidorBuy has been around for more than a decade now and offers a large customer base, as well as a secure platform so that you won’t get scammed.
- 02. Facebook Marketplace.
- OLX.
- Junk Mail.
- Gumtree.
- Local Coin Shows.
- Collectors Forums.
- Finance Briefly.
How much is a 2008 Nelson Mandela R5 coin worth?
Such coins are always produced in large quantities and are made available and accessible to the public at face value.” For example, the commemorative R5 Nelson Mandela circulation coin that was issued in 2008 to celebrate the former President’s 90th birthday was and is still worth R5.
Which R5 coin is valuable?
Which South African R5 coins are valuable? The 2008 commemorative R5 coins are the most valuable. Bid or Buy listing estimates these South African coins at R150,000. However, the ungraded pieces of metal not in circulation value at about R1,000.
Where can I exchange Mandela R5 coins?
How much is the 2008 Mandela R5 coin worth?
Which Mandela coin is most wanted?
About 22 million R5 Mandela coins were minted. The limited edition of these coins has seen their value increasing by the day in recent years. Which South African R5 coins are valuable? The 2008 commemorative R5 coins are the most valuable.
Where is the best place to sell old coins?
Here are the top places to consider if you want to sell your coins online.
- APMEX. APMEX is one of the country’s largest buyers of coins, currency and bullion.
- JM Bullion.
- Coinappraiser.com.
- CoinsForSale.com.
- Coin World Marketplace.
- eBay.
- Great Collections.
- Heritage Auctions.
Which is the best site to sell old coins?
The best places to sell coins online
- eBay. It’s become an unofficial coin marketplace for thousands of sellers from around the world.
- Amazon. The Collectible Coins section is an excellent alternative to eBay.
- Internet Auctions.
- Your website.
What coins are collectors looking for?
Top 10 Coins Worth Collecting
- 01 of 10. 1909-S V.D.B. Lincoln Cent.
- 02 of 10. 1921 Peace Dollar.
- 03 of 10. 1878-CC Morgan Silver Dollar.
- 04 of 10. 1914-D Lincoln Cent.
- 05 of 10. 1955/55 Doubled Die Lincoln Cent.
- 06 of 10. 1937-D 3 Legged Buffalo Nickel.
- 07 of 10. 1916-D Mercury Dime.
- 08 of 10. 1917 Standing Liberty Quarter: Type 1.
Which SA R5 coin is valuable?
Where can I sell my 2008 Mandela coin?
Where To Sell Madela Coins In South Africa
- SA Coin. SA Coin has the largest Mandela 90th Birthday R5 Coin Collection in South Africa or probably the world.
- Bidorbuy. People can place their bids for Mandela coins on an online auction platform called Bidorby.
- OLX.
- Gumtree.
- Junk Mail.
- eBay.
What is the value of a 2008 Mandela R5 coin?
How do I find the value of my coins?
Multiply the weight of the coin by the percentage “fineness” of the coin (the percentage of the coin that is gold or silver). This will establish how much of the precious metal you have to sell. Multiply the result of the first calculation by the current price of the precious metal in the coin.
How do I know if my old coins are valuable?
Professional coin appraisers can give you the most accurate, up-to-date value of your coin. They will base their appraisal on their expert opinion of the coin’s condition. They’ll also take into account what similar coins have been selling for lately.
How do I find the value of old coins?
How do I know what my coins are worth?
There are three primary variables that help determine the value of a coin.
- Initial Mintage Number. This refers to how many of the coins were originally minted and available in the market.
- Coin Grade. The better condition your coin is in, the more valuable it can be.
- Demand.
How do I know if my coin is worth money?
What coins are in high demand?
What Precious Coins are in Demand? Silver and gold American Eagles generally take the top spot on the average list of most wanted coins, at least in the English-speaking world. That means, if you happen to have one for sale, you shouldn’t have too much of a problem finding a buyer, especially in an online setting.