Comments on: Mandela Birthday Coin from South African Mint

By: Joseph Sikhosana

Joseph Sikhosana — Thu, 05 Apr 2018 10:18:39 +0000

In reply to marlene. Hi, I am looking for the R5 coins with the Buffalo from 2001 to 2003. Then R5 coins with Mandela face and gold like at the center from 2001 to 2007.

By: Gideon

Gideon — Thu, 10 Apr 2014 14:47:06 +0000

In reply to John Smith.

Ye
Just a load of bs
Ive walked that same bs road
I should have known better
Best wishes

By: John Smith

John Smith — Thu, 10 Apr 2014 12:49:27 +0000

Jip, this is the story most of the trading houses sell you, they paint rosy pictures with over inflated returns on the money you spend with them while “investing” in rare numismatic graded coins. But as soon as 5 years have passed and you ask them to sell your coins the sales all of a sudden dry up. They put your coin on mandate and another 2 years down the line they still have not realised your return. I have had coins (with good grades by NGC) for which we paid a too much, and still up to today 8 years after they took our money they were unsuccessful in selling it through there “reputable” trading house with firm client base… Some of the trading houses are royal bull@.ttërš. But i like many have fell for there scheme and are now sitting with the stock (coins) and no way to realise the funds invested. No coins ombudsman unfortunately…

By: mzi

mzi — Thu, 09 Jan 2014 19:11:24 +0000

there was never free investment, buy a graded coin from an aproved registered coin dealer and keep it for 5 years or more u’ll then resell. Use your curculated R5 coins before they loose value

By: mpho

mpho — Thu, 03 Oct 2013 20:09:20 +0000

Let me try to simplify ths…. Coins that u get as change at the shop
they worth close to nothing……y? They have been
mass produced n we all have them n even today u still get it as change…..so for now the mandela coin
u get in the circulation(shops) are not rare….mayb in the next 100 years they will worth 2g to 4g.
N the are mandela coins which were made at the same time when they made
those that u hev but those ones are special coins
they have never bn to the shops…they r collectors items

they were graded n the r better than the ones in the circulation
for example ….they a little bit more gold n silver than the rest of the coins we have….
They sold for 10 000 when they were made but today they worth a little bit more may 100 000

By: Kaalvoet

Kaalvoet — Mon, 05 Nov 2012 18:28:52 +0000

Hi, I am a collector for the past 2 years. Only graded coins are worth more than face value (R5). Proof coins i.e pf69 is worth more than mint state i.e ms66. There were only 5000 proof coins minted as to 5 million mint state. If you buy a coin from anyone, dealer or private, make sure you don’t pay too much.

By: Umila

Umila — Wed, 08 Aug 2012 13:58:33 +0000

Hi..

Botshelo, uncirculated coins are those that come from the SARB, and are still in sealed packets. They are uncirculated provided they have not been used as legal tender (as money). My understanding is that once the coin is handled by you (the teller), and then passed on to your client, it’s already circulated / almost uncirculated (AU grade) as we call it.

Bev, there are several grading outlets in South Africa. SANGS(South African Numismatic Grading Service) is one of them, but this is a local, albeit cheaper. If you do an online search, you should be able to locate them.

But the more accepted grading agency is the NGC (Numismatic Guaranty Corporation ) in the USA. NGC grading is the most widely trusted, accepted and system in the world, although they are more expensive than SANGS. There are local traders who are able to have your coins (sent to the USA) and graded on your behalf. You could try to put up a search for “Ewaan Galleries”. They can have your coins graded for you.

Hope this helps.

By: nattache

nattache — Tue, 12 Jun 2012 11:55:18 +0000

where do i sell my 90th birthday mandela R5 coin? please let me know. thanx

By: Botshelo

Botshelo — Fri, 23 Mar 2012 14:37:25 +0000

Hi everyone… I’m a teller @ FNB. What does uncirculated mean? 2008 July when those 9th bday coins came, they were given to all the banks. And as a teller, when I receive money, I have to take it out from the bags first and count it before putting it in my safe. Meaning when I do that, it has has already been touched. Then comes a customer wanting one, when he/she receive it he/she touches it — because we don’t gives give money out in the plastic, unless it’s a lot. So if that customer takes that coin straight home and keeps it and never touches it again til today, does it mean that its been circulated???

By: Bev

Bev — Fri, 10 Feb 2012 12:18:14 +0000

Good day,

I am new at this Coin Collecting thing but over the past few months I have fallen for them. I don’t know much about grading them and I would like to do exactly that. I am in Pretoria, so if anyone can help with info on where to find a grading outlet, that would be great.
I have read that many of you say that the Mandela coins that have circulated are worth nothing, but the other day I read the SA Coin website and it said that all coins have value, it might not be as much as the others but they have value.
I would really appreciate it to gain more info. Thank you.