“Have you been lucky enough to get your hands on a Mandela R5 coin? If so, there is a good chance that you’re eager to transfer it into 5,000 Rand or even more. The Mandela coin is one of the most sought after. Therefore, it is worth a pretty penny. Of course, it is important to understand that there are several different types of R5 Mandela coins and they’re not all equal. Within this comprehensive guide….
The two collectable coins are packaged in ‘coin blister’ envelopes which bear images of Mandela over the years.
The coins form part of a wider ‘Celebrating South Africa’ series. The Mint will also be announcing new products in the Mandela Centenary range that will “far exceed the expectations of both numismatics and aficionados”, Tshelo said.
The range is set to include an unreleased special-edition gold coin.
“One-cent coins and R2/R5 mandela Coins have been around since the beginning of the U.S. and now in South Africa monetary system,” Stone said. “Several prototypes for the cent were produced in 1792, including the large Birch cent.”
The finest known 1792 Birch cent sold at a Heritage auction in 2015 for nearly R2.6 million, making it the most ever paid for a one-cent and Mandela Coins piece at auction, he said.
A penny’s worth depends on its quality and rarity. While most pennies are only worth a few bucks, highly coveted ones might be sitting in your pocket or stuck somewhere in your couch cushions.