Which banks buy Mandela coins?

The South African Reserve Bank (SARB) buys Krugerrand, Protea series, and Natura series gold coins including Mandela gold coins from the public. However, the SARB will only pay for the gold content of each coin, and no premium is paid for the scarcity/collectability of the coin.

Does capitec buy old coins?

Does Capitec Buy Mandela Coins? Capitec bank, which recently became South Africa's second-largest bank in terms of customers, has no plans to buy Mandela coins off its customers.

How much is the Mandela R5 coin worth today?

How much can I get for the Mandela R5 coin? The value of the R5 Mandela circulation coin remains R5-00.

How much is a 2008 Mandela coin worth?

Such coins are always produced in large quantities and are made available and accessible to the public at face value.” For example, the commemorative R5 Nelson Mandela circulation coin that was issued in 2008 to celebrate the former President's 90th birthday was and is still worth R5.

Can you exchange coins for cash at a bank South Africa?

Standard Bank and Absa allow both clients and non-clients to change coins for notes at any branch with teller facilities. At Standard Bank, it will cost you 6.75 percent of the total value of the coins exchanged, and the coins need to be counted and separated by denomination.

SELL MANDELA COIN

Does FNB exchange coins for cash?

First National Bank (FNB) will swap coins without charging a fee and is not as exacting about the way the coins are divided up, other than having a preference for them to be sorted by denomination.

Can I sell my coins to the bank?

Do banks take old coins South Africa? The South African Reserve Bank does not buy back circulation coins.

Where do we sell Mandela coins?

Does SARB buy Mandela coins?

The South African Reserve Bank (SARB) buys Krugerrand, Protea series, and Natura series gold coins including Mandela gold coins from the public. However, the SARB will only pay for the gold content of each coin, and no premium is paid for the scarcity/collectability of the coin.

How much is the 1994 R5 coin worth?

How Much is the 1994 R5 Coin Worth? (And where can I sell it) [Answered] Your R5 Mandela Coin could be worth as much as R450. 00.

How do I sell my R5 coins?

How do I sell coins?

You can list coins on an auction website or sell them to a coin dealer. Some dealers advertise exactly what they are buying on their websites and even offer virtual quote cards suggesting what they'll pay for certain coins.

Is the 2018 Mandela coin valuable?

The R5 coin celebrating former president Nelson Mandela's 90th birthday. A commemorative Mandela five rand coin is not worth more than its face value - unless it's a proof coin and still in a capsule.

Which South African coins are wanted?

Where I can sell Mandela coin in Johannesburg?

Where can I exchange old South African money?

Members of the public will still be able to exchange banknotes at the SARB head office in Pretoria central or through two branches of ABSA. Those wanting to sell Kruger Rands can still do so through the SARB head office in Pretoria.

Where can I sell Mandela coins in Western Cape?

Where can I sell Mandela R5 2008 in Durban?

How do I sell Mandela coins on eBay?

Which bank has best exchange rate?

Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, offer the added benefit of having ATMs overseas. Online bureaus or currency converters, such as Travelex, provide convenient foreign exchange services.

Does FNB have a coin counting machine?

Certain fees and exchange rates apply. Can I take my jar of coins to the branch office to process them? Most FNB branches do not have coin machines to complete these transactions. Please contact our Call Center (1-800-555-5455) to determine if your branch has this ability.