The R5 Mandela smileys were part of a special project to commemorate Nelson Mandela's legacy. A total of 5,000 R5 Mandela smiley coins were minted by the South African Mint. Each coin features a unique design celebrating Mandela's influence and contributions.
Firstly the coin is not made from silver and brass. The centre is of a golden coloured alloy and the ring of an silver coloured alloy. Secondly, as for value, that depends on the rarity of the coin. There is much hype on the value of the R5 Mandela coins. I think only a select few coins are really valuable. The rest are mere circulation coins with a value equal to its face value, for now anyway. Who knows how much such circulation coins will be worth in 50 years time? I think a lot of people spending a lot of money on Mandela R5 coins will be disappointed. Caveat emptor.
The R5 Mandela coins can typically be purchased at authorized dealers, banks, and coin shops in South Africa. Additionally, they may be available through online marketplaces and auction sites that specialize in numismatics. It's important to ensure that you're buying from reputable sources to avoid counterfeit coins.
Circulated coins are generally not rare dude. They will have much marks from wear and tear. To sell "rare" coins, try coin dealers. See if they are willing buyers at decent prices. One can then always try the Internet. Just be careful, as there is much hype on the Mandela R5 coins; people will burn their fingers.
You can exchange R5 coins featuring Nelson Mandela at banks, currency exchange offices, and some retail outlets that accept them as legal tender. Additionally, collectors or specialized numismatic shops may buy them if they are in good condition. It's advisable to check with specific locations beforehand to ensure they accept the coins for cash.
To determine the value of a 2-liter bottle filled with R5 coins, we first need to calculate the volume of a single R5 coin. The volume of a South African R5 coin is approximately 9.22 cubic centimeters. Next, we calculate the total number of R5 coins that can fit in a 2-liter bottle, which is equal to 2,000,000 cubic centimeters divided by 9.22 cubic centimeters per coin, resulting in approximately 217,130 coins. Finally, multiplying the number of coins by the denomination of each coin (R5) gives us a total value of around R1,085,650.
The value of the 2000 R5 Mandela coin can vary based on its condition and market demand. As of October 2023, it typically ranges from around $5 to $20 USD for circulated coins, while uncirculated or proof versions may fetch higher prices. For an accurate valuation, it's advisable to consult recent sales or a coin dealer specialized in South African currency.
As of my last update in October 2023, the value of an MS67 grade Mandela R5 coin can vary significantly based on demand, market conditions, and collector interest. Typically, these coins can range from a few thousand to several thousand South African Rand. For the most accurate and current valuation, it's best to check recent auction results or consult with a professional numismatist or coin dealer.
Good question! I assume you are referring to the South African R5 Mandela coins. There are quite a lot in issue and some people have cottoned onto the idea of grading the coins and thus sell them for thousands. I would suggest they are worth only face value, as it is still legal tender in South Africa. And if you are looking to collect one or two as memorabilia, then by all means do so. If I had to buy one, as I am not in South Africa, I would say $8 at most. I hope that helps.
1000 were made
The value of a 1994 R5 inauguration coin can vary based on its condition, rarity, and demand among collectors. Generally, it is worth between $5 to $15, but prices can be higher for coins in uncirculated condition or with special features. For an accurate valuation, it's advisable to consult a coin dealer or refer to recent auction results.
YES there is agreta demand