Some of the most valued and interesting coins that come from Africa and are cherished among collectors around the world are South African coins.
Different coins were used in South Africa since the first issues of the South African coins in 19th century. Variety of collectible South African coins ranges from old 19th century coinage to the modern series that are minted annualy by the South African Mint. Collectible South African coins include many rare specimens, since the series minted in South Africa are usually relatively small. Therefore some of the coins are extremely valuable.
One of the most famous South African coins are gold Krugerrand coins, which value is derived from the value of gold and are suitable for investments in gold as well as for collecting, and to rare gold coins such as Natura, Protea and Mandela coins, which value is derived more from their rarity than the value of gold. Both kinds have some tax exemptions and both are interesting for collectors and investors. South African coins are very liquid and can be bought or sold online, trough auctions and dealers. Here is valuable South African coins list with some of the most popular bullion coins:
Krugerrands: These world famous 22 karat gold coins are the most successful South African coins. They were introduced in 1967 as attempt to make South African gold more popular. They serve as a rand-dollar hedge and can be exchanged for money at any time. Krugerrand value is determined according to the value of gold with a low premium over its intrinsic value. They are available in four sizes: original 1 oz, fractional 1/2 oz, 1/4 oz and 1/10 oz sizes and in sets. On obverse they portray Paul Kruger – the first president of South African Republic and the reverse depicts a gazelle found in South Africa called springbok.
Protea Series was launched in 1986, at first as 22 carat gold coins. Since 1998 the series has been minted in 24 carat gold. The Protea coins are produced in limited mintages every year. On obverse they portray King Protea – South African national flower and the reverse depicts various social motives, depending on the annual themes. Protea coins are available as 1 oz and 1/10 oz pure gold coins, R1 steling silver (1 oz) coin and in three coin sets.
Natura Series was launched in 1994 as South African first fine gold coin series. These 24 carat gold coins come in four different sizes: 1 oz, 1/2 oz, 1/4 oz, 1/10 oz and in sets. They portray different motives inspired by the South African wild life, that change every year.
R1 and R2 Gold Coin Series: First R1 and R2 coins were introduced when South Africa became a Republic in 1961. They were minted until 1983 and than reappeared in 1997 as 24 carat commemorative coin series. R1 coins are available as a 1/10 oz gold coins and depict cultures of South Africa while R2 coins come as a 1/4 oz gold coins and depict various themes. Their motives change annually.
Mandela Coins were first issued in 1994 as a tribute to Nelson Mandela, former South African president who was elected that year. They are popular among collectors because of their rarity and due to Mandela’s global popularity. They portray Nelson Mandela and have been issued as gold commemorative coins, as well as silver, bronze coins, some also used for legal tender (ex. Madiba R5 coins), they are also available in different sets.
Besides these most popular South African coins, the South African Mint annualy issues other coin series that have collectible value, such as Steling Silver Coin Series, R2 Crown and 2 ½ c Tickey Series. Moreover, collectors are also interested in earlier gold pound and rand coins, tokens, medallions and banknotes, that are available on South African market.