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Commemorative 5 rand coins were circulated in 2008 for Nelson Mandela's 90th birthday, in 2011 to commemorate 90 Years of the South African Reserve Bank, and in 2015 for the 200th anniversary of the Griqua coinage, the first coinage issued in South Africa. [9] These coins are the same in size and shape as the 5 rand that was introduced in 2004 ...
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]
Old coins are going for big bucks on eBay, and we found a few that you might just have lying around. Check out the slideshow above to discover if any of the coins you've collected could rake in ...
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.
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 ...