{"id":238240,"date":"2021-10-20T12:57:31","date_gmt":"2021-10-20T11:57:31","guid":{"rendered":"https:\/\/buzzsouthafrica.com\/?p=238240"},"modified":"2021-10-20T12:57:35","modified_gmt":"2021-10-20T11:57:35","slug":"what-are-the-most-valuable-south-african-coins","status":"publish","type":"post","link":"https:\/\/buzzsouthafrica.com\/what-are-the-most-valuable-south-african-coins\/","title":{"rendered":"What Are The Most Valuable South African Coins?"},"content":{"rendered":"
South Africa has various coins that are being circulated currently. These coins are considered legal tender, including those that are no longer being minted by the South African mint. The value of the South African coins, like any other assets, varies as they change from time to time depending on factors like the rate of demand and materials used. The big question now is: what are the most valuable South African coins currently?<\/p>\n
If you have any of these valuable coins, you have a fortune in your possession because this category of coins has a substantial price tag on top of their initial value. They are not only valuable because of the materials used in formulating them but also due to their scarcity.<\/p>\n
The South African coins are part of the physical form of the South African rand, which is the country’s currency. Following the introduction of the rand on 14th February 1961 in the then Union of South Africa, coins bearing the portrait of Dutch navigator Jan van Riebeeck on the obverse were released.<\/p>\n
The initial circulation coins of the Republic included: 5 cents (which replaced 6d), 20 cents (which replaced 2s), 1 cent (which approximately replaced 1d), 21\u20442 cents (which replaced 3d), 50 cents (which replaced 5s), 1\u20442 cent (which approximately replaced 1\u20442d), as well as 10 cents (which replaced 1s). The 21\u20442 cents, which was nicknamed Tickey, was the smallest in size coin.<\/p>\n
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South Africa has introduced a lot of coins over the years, including those that were not circulated or considered legal tender. Some of the country’s most wanted coins include but are not limited to the Krugerrand coin, Single 9 Pond, OR Tambo Centenary coin, Colour coins, Natura: Paleontology, the commemorative R5 coins, as well as the UNESCO Waterberg Biosphere Reserve.\u00a0The value of most of these coins has increased over time, with the likes of Single 9 pond being valued at over R10 million. Most of the South African coins are also recognized internationally.<\/p>\n