Which Bank Buys Mandela Coins in South Africa?
Why Are Mandela Coins So Valuable?
The hype of celebrating a freedom fighter and the first black president of South Africa brought these coins into the limelight. They have been circulating considering their launch on the eve of Nelson Mandela’s 90th and a centesimal birthday. There is also Mandela Inauguration Coin from 1994, which holds costs like the cash from Mandela’s ninetieth and a hundredth birthday.
Mandela Coin Buyers Contact
You can contact the South African Reserve Bank (SARB) for your coin purchase. You want to present the gold coin/s to the gold coin teller at the SARB Head Office in Pretoria with proof of residence, ID, and a bank statement. It is necessary to note that the prevailing market gold rate and greenback change rate are used to calculate the rate offered for the coin/s on the selling day. You can also find consumers from various eCommerce structures such as SA Coin, Ananzi, OLX, Gumtree, Bidorbuy, and eBay.
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Which Bank Buys Mandela Coins In South Africa?
The South African Reserve Bank (SARB) buys Krugerrand, Protea series, and Natura series gold cash, such as Mandela gold cash, from the public. However, the SARB will solely pay for the gold content material of each coin, and no top rate is paid for the scarcity/collectability of the coin.
Mandela Coins Selling Price?
The promoting price of Mandela coins begins from R500, an offer from the SARB. The fee of the Mandela cash varies among authorized coin dealers in South Africa. Depending on its’ rarity, the fee can range from a thousand Rand to ten thousand Rands. To get the contact with buyers, you can create a profile for your account and put up adverts for your cash.
