They generally sell for than their face value by collectors. South African old coins values - catalog with images, prices, photo, worth. It does carry legal tender status and if it's a R2 coin made out of silver then it would have a legal tender value of R2. We then have collectable coins and these are usually made from precious metal. Mogam Pillay, Group executive - SA Mint and SA Banknote company The value of these coins is basically their face value. We have circulation coins, I refer to them as the change in your pocket. He explains the types of values each coin has. He adds that you can take them to the bank to exchange them. Pillay says all coins that were issued as legal tender are still valid. Mogam Pillay, Group Executive - SA Mint and SA Banknote companyĪny coin that is issued by the South African Reserve Bank (SARB) is legal tender, it has a face value, it has the reliability that it will be backed by SARB and is fully valid. Catalogue and Price Guide of Coins from South Africa - Silver Age Coins Home > Catalogue Catalogue and Price Guide of Coins from South Africa List from our Catalogue and Price Guide of Coins from South Africa with all the coins available for sale. The 1c and 2c coins were discounted n 2002 and in 2012, we discontinued the 5c coin. We have also discontinued some coins over that period. I am looking to buy old South African Silver Coins.
He says the R1 coin was issued in 1967 and the R5 coin in 1994. SA Mint and SA Banknote company group executive Mogam Pillay says in currency was changed to rands in 1961. Have you ever wondered about the evolution of the South African coins? In today's masterclass, SA Mint and SA Banknote company group executive Mogam Pillay talks about the history of the SA coins.
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