Companies That Buy Coins In South Africa

What is Coins?

Currency is a selection of metal coins a coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender.

Companies That Buy Coins In South Africa

Randburg Coin – Kindly Note we DO NOT buy Mandela R 5 Coins.

Address: Unit 10 Netwater Place, 252 Oak Ave, Ferndale, Randburg, 2194, South Africa

Hours: Open ⋅ Closes 4 pm

Phone: +27 11 789 2233

The S a Coin Corporation (Pty) Ltd

Address: 145 Commissioner St, Johannesburg, 2001, South Africa

Hours: Open 24 hours

Phone: +27 66 508 9338

The Coin Company

Address: 1 Aureole Ave, Northgate, Northwold, 2188, South Africa

Hours: Closes soon ⋅ 3 pm ⋅ Opens 9 am Thu

Phone: +27 11 055 2649

Which coins in South Africa are worth money?

Commemorative coinYearMarket’s Value(2022)
Presidential Inauguration1994Listed for as much as R30,000
Mandela “Smiley”2000Listed for as much as R49,500
Mandela’s 90th Birthday2009Listed for as much as R150,000
South African Reserve Bank’s 90th Anniversary2011Listed for as much as R1,995

Do banks in South Africa buy old coins?

While most banks in South Africa offer exchanges for old coins, it’s important to note that the South African Reserve Bank (SARB) doesn’t buy back circulation coins.

Gold coins like Krugerrands, Protea, or Natura series gold coins, however, may find a home in the SARB’s embrace.