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The 2008 gold Gandhi R5 coin is a proof quality, one-tenth ounce (1/10 oz) 24-carat gold coin that is part of the South African Protea coin series. It is a commemorative non-circulating coin with significant value to collectors, unlike the standard R5 circulation coins.
Coin Specifications
Denomination: R5
Mass: 3.110 grams (which is exactly 1/10 troy ounce)
Composition: 99.99% pure gold (24-carat, Au 999.9)
Diameter: 16.50 mm
Quality: Proof
Mintage: Limited, with as few as 2,431 pieces issued in some specific sets.
Design Details
Reverse: The design depicts Mahatma Gandhi in a three-quarter, prayerful pose, honoring his legacy and connection to South Africa, where he developed his philosophy of non-violence (Satyagraha).
Obverse: The obverse features the King Protea flower, which is South Africa's national flower and a central symbol of the Protea coin series. The words "South Africa" and the year "2008" are also present.
Collectibility and Value
This coin is highly sought after by numismatists and investors due to its limited mintage, high gold purity, and historical significance. It was issued in individual packaging or as part of a set, each accompanied by an individually numbered Certificate of Authenticity (COA) from the South African Mint.
While the face value is R5, the market value is tied to its gold content and its premium as a collectible item, far exceeding its denomination. Its value fluctuates based on the current gold price and the coin's condition and grading (e.g., NGC PF69 or PF70 grades command higher prices)
