The value of a 5 Rand coin can vary depending on several factors, primarily its type and condition:
- Most commonly, if you receive a 5 Rand coin in circulation, its value is simply its face value of 5 South African Rand.
- 5 South African Rand currently equals approximately $0.28 USD.
- Certain 5 Rand coins, especially commemorative editions or those in pristine condition (like uncirculated or proof coins), can be worth more than their face value to collectors.
- For example, the [2008 Nelson Mandela 90th Birthday 5 Rand coin] is highly sought after by collectors.
- The [1994 R5 Presidential Inauguration coin] and the [2000 R5 Nelson Mandela coin] can also fetch higher prices.
- The condition of the coin (e.g., uncirculated, circulated with wear) can significantly impact its value to collectors.
- Scarcity also plays a role in determining collectible value, with limited edition or error coins generally having higher prices.
- [
2008 South Africa 5 Rand Nelson Mandela’s 90th Birthday Coin Ngc Ms65 $18.50]
- [
South Africa Coin 5 Rand 1994 Presidential Inauguration Condition $15.88]
- [
South Africa Proof 5 Rand Coin 2000 Year Nelson Mandela Km230 Pcgs $299.00]
- You can buy or sell South African 5 Rand coins online on platforms like [eBay] and [Bob Shop].
- There are also coin dealers and numismatic associations in South Africa that may be interested in purchasing rare or collectible coins.
Important Note: The South African Reserve Bank does not set the value of collectible coins; it is determined by the collectors’ market. It’s advisable to research and compare prices from different dealers before buying or selling collectible 5 Rand coins.
What is a 5 rand coin worth?
From my experience, Remember: if you receive the coin as change, it is a circulation coin and worth only its face value. Likewise, the R5 Griqua Town commemorative circulation coin is also worth R5. It is not meant to be a collectors’ item or an investment.
Is the Nelson Mandela R5 coin worth anything 2018?
From my experience, The coin was released into circulation in July 2018, the month in which Mandela was born. The proof version was only available in sets, not separately. The South African Reserve Bank has repeatedly advised that the regular circulation coins are not worth more than their face value (R5).
Is the or tambo R5 coin valuable?
The coin is worth its face value (i.e. R5 in the case of the new R5 OR Tambo circulation coin).