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jayakara(Blacklisted) 1 × R1.00
27 Oct 22:48

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ONLY 1 COIN
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ONLY 1 COIN

New 1 was available
Indicative market price: R500.00
R50.00 minimum increment
R1.00
Shipping
R65.00 Standard shipping applies to orders under R100.00, in most areas in South Africa. R35.00 Standard shipping applies to orders over R100.00. Some areas may attract a surcharge surcharge. This will be calculated at checkout if applicable.
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The seller has indicated that they will usually have this item ready to ship within 3 business days. Shipping time depends on your delivery address. The most accurate delivery time will be calculated at checkout, but in general, the following shipping times apply:
 
Standard Delivery
Main centres:  1-3 business days
Regional areas: 3-4 business days
Remote areas: 3-5 business days
Buyer protection
Returns
Warranty Type: Replacement GAURANTEED MANDELA R5 90TH BIRTHDAY COIN Money-Back Guarantee: 7 Days: GAURANTEED MANDELA R5 90TH BIRTHDAY COIN

Product details

Condition
New
Location
South Africa
Bob Shop ID
16739893

A partial explanation for this price level lies in the coin’s theme. Every South African Mint product associated with Mandela enjoys extraordinary popularity in South Africa and, to a growing extent, around the world.

The 90th birthday issue joins a family of similar coins, namely, the 1994 Mandela presidential inauguration R5 and his post-presidential 2000 R5, whose rates of appreciation in the numismatic market make them top performers globally. Of all coins ever minted anywhere, the 2000 R5 has the steepest curve of increasing prices. No other coin comes close.

South Africans have been hoarding the new R5 since July 18. Anticipating this behavior, the South African government tried to forestall it. Reserve Bank Governor Tito Mboweni and Finance Minister Trevor Manuel practically begged the public to keep the coin in circulation. Of course, South Africans didn’t comply.