The South African Reserve Bank is currently celebrating its 100-year anniversary in 2021.
That’s why the South African Mint has released a commemorative new R5 coin.
CAN THE NEW R5 COIN BE SOLD ON FOR MORE THAN ITS WORTH?
The new currency, the R5 coin, will officially begin circulating from tomorrow on Wednesday, 30 June. It will be worth R5 and will be backed by an equivalent to the South African Rand in circulation.
When you are given a large amount of change, you might come across the sight of this paper note.On its 100th anniversary in 2021, The SA Mint has decided to release a coin that recognizes the milestone. It will be the 5-dollar coin and is certainly a way to celebrate!
What is Special about R5 Coins in South Africa?
These R5 coins are special as they represent a part of South Africa’s most-loved son, Nelson Mandela. Many would say that anything connected with Nelson Mandela is of particular interest, making these coins a valuable collectable.
This is the fastest-growing coin in the world with value and interest since 2008.
The MS69 Nelson Mandela 2008 90th Birthday coin is the finest known uncirculated coin. This coin was sold for R2.5 million. Extremely rare.
No one can predict just how much these coins will grow in value. They have defied the critics and continue to grow in popularity every year. Do not miss out on their increasing value and make sure you are on the right side of history!