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In addition, two bullion coins with denominations of 1 rand and 2 rand were issued, replacing the gold half-pound and pound coins introduced in 1952. Both the pound and the rand gold coins matched the specifications of the British half-sovereign and sovereign (minted, among others, at the Pretoria branch mint until 1932), including the gold ...
[4] [5] Although gold Krugerrand coins have no face value, they are considered legal tender in South Africa by the South African Reserve Bank Act (SARBA) of 1989. [6] In 2017, the Rand Refinery began minting silver versions with the same overall design as the gold coin. [7]
The 1 rand coin for circulation was introduced in 1967, followed by 2 rand coins in 1989 and 5 rand coins in 1994. Production of the 1 and 2-cent coins was discontinued in 2002, followed by 5-cent coins in 2012, primarily due to inflation having devalued them, but they remain legal tender.
Most coins are worth their face value, but others are different story. Coin collectors seek rare currencies often valued at a small fortune or greater. Read More: 20 Rare State Quarters Worth...
The original price for this Islamic gold coin is unknown. 1894-S Barber Dime. ... But now this mysterious coin is worth far more than that. It was sold at an auction for $1,440,000 in 2020.
Coins of the South African rand; Bronze plated steel; Nickel-plated bronze; Sterling silver (925Ag), e.g. EWT Medallions / Sterling Silver Crown; 22 ct Gold; 24 ct Gold (999.9Au) [5] Zimbabwean Bond Coins - 2014, 2016, 2017, and 2018. South Sudanese pound coins denominated in 10, 20 and 50 Piasters, 1 Pound and 2 Pounds - 2015 only.