South African C.L.Stals sequential R5.00 banknotes
1 was available / new
R5.00
minimum increment
R100.00
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UNCIRCULATED: UNC A perfectly preserved note, never mishandled by the issuing authority, a bank teller, the public or a collector. Paper is clean and firm, without discoloration. Corners are sharp and square, without any evidence of rounding. An uncirculated note will have its original, natural sheen. ¿
Some History of¿ C L Stals 8 August 1989 to 7 August 1999
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Appointed as seventh Governor of the South African Reserve Bank.¿ Leading to this appointment, his service in various executive positions in the Bank led to his involvement in almost all major events in the South African economy over the past quarter century.¿ He was involved in the gold swap arrangements, the debt standstill agreements and negotiations leading to the establishment of the Rand Monetary Area.
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During this period South Africa also changed from a sales tax to a value added system.¿ In the early nineties all political detainees were released, leading to Nelson Mandela being elected South Africa's first black President after elections on 27 April 1994.¿ The financial rand system was abolished the following year.
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N.B.
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