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South African coins issued between 1965 and 1988. A revised coinage series was introduced for 1965. [2] Denominations included 1 ⁄ 2, 1, 2, 5, 10, 20 and 50 cents.Silver was replaced in coins by nickel.
After the Union but before 1923, coins in circulation were mostly British, but the coins of Paul Kruger's South African Republic remained in circulation. In 1923, South Africa began to issue its own coins, adopting coins that were identical in size and value to those used in Great Britain: 12 pence (12d) = 1 shilling (1s), and 20s = 1 pound (£1).
The South African Reserve Bank restricts the exportation of Krugerrands by a South African resident to a non-resident to a maximum of R30,000 (about US$2,100 or €1,870 as of June 2018). Visitors to South Africa can export up to 15 coins by declaring the items to the South African Revenue Service. [21]
Coin collecting, sometimes called numismatics, can be more than a hobby for some. It can be a money-making investment. The same goes for collecting, saving or reselling old paper money. Learn: 5 ...
Your old coins aren't the only items that could make you rich now -- Find out what your old baseball cards could be worth: Related Articles. AOL.
Before a unified South Africa, many authorities issued coins and banknotes in values equivalent to sterling. An old 10 pound banknote from the South African Republic The Transvaal Republic , the Boer state that in 1902 was to become Transvaal Colony , issued notes from 1867 to 1902 and coins from 1892 to 1902.