Exchanging your old South African coins will earn you some “real” cool cash. We’re going to show you how to go about that. In other words, we’re going to show you where to exchange your old South African coins for cash. More information about this exercise has been given in the post.
Any further questions about this can be asked in the comments section as well.
About The Old South African Coin
What To Know About The Old South African Coins
Though quite old, the value of the old South African coins has experienced appreciation as years went by.
The old South African coins have become an article of trade now. This should not surprise you since these coins are made of precious materials such as gold, silver or even the duo. Perhaps, the old South African coins are scarce nowadays hence the increasing value.
What To Know About The Value Of The Old South African Coins
The value of old South African coins is primarily determined by the marketplace. Mostly, the precious and scarce coins are highly demanded by collectors, hence making them more valuable than other coins.
According to several sources, those made by the Numismatic Division of the South African Mint are the most valuable among the South African coins. These type of coins include Protea, Natura, and Krugerrand series.
One thing to take note of is that, the price at which you can exchange your old South African coins for some cool cash is largely dependent on the value of the coin at that time. For instance, a coin’s worth can be as high as R17 million or as low as R985. The coin’s worth changes with time.
Where To Exchange Old South African Coins
You can exchange your old South African coins at several outlets such as: The Scoin Shop (The South African Gold Coin Exchange), Loan Merchant Bank, Everlasting Coins in Pretoria, Pegasus in Sandton, PG Coins and Collectables in Fourways, Randburg Coin, Royal Gold, Gold Reef City Mint, SA Bullion and CoinItGold, etc.
Again, there are several different websites where you can exchange your old South African coins for some cool cash. Those who want to sell a Mandela coin can check the websites below to get through with that exercise.
- Junk Mail
- SA Coin
Banks Where You Can Exchange Old South African Coins
Another option available for you if you want to sell your Old South African coins is to head straight to the bank. The following banks below partake in this exercise.
- Standard Bank
- Wells Fargo
- Community Savings Banks
- US Bank
- Bank of America
- First County Bank
- Western Credit Union
- Peoples United
Most Valuable Old South African Coins
Here are some of the most valuable old South African coins you can exchange or sell:
- Single 9 Pond (1898)
- Kruger Double 9 Ponds (1899)
- Burgers Pond Coarse Beard (1874)
- Sammy Marks Tickey (1898)
- Burgers Pond Fine Beard (1874)
- VeldPond (1902)
- Mandela 90th Birthday Coin (2008)
- Mandela 100th R5 Coins (2018)
- Mandela Inauguration Coin (1893—1894)
- Kruger Half Pond (1893—1894)