SA Coins Price List 2023: Most Wanted Coins for High Returns

Coins have long been considered a store of wealth in various countries, and South Africa is no exception. In a world where paper currency dominates, South Africa stands out as a nation that actively produces valuable coins. These coins, often made from precious metals like gold and silver, are not only a collector's dream but also a viable investment option. In this article, we will delve into the SA coins price list for 2023, highlighting the most sought-after coins and their current market prices.

The Value of South African Coins

South African coins are unique in their composition and historical significance. Unlike many other countries where coins have lost their value due to inflation, South African coins continue to shine as a store of wealth. These coins are typically crafted from materials like gold, silver, and other precious metals, making them inherently valuable. The rarity, demand, and availability of these coins dictate their market value, which can fluctuate over time.

SA Coins Price List

The Krugerrand Coin

The Krugerrand coin, minted by the Rand Refinery and South African Mint, has a storied history dating back to its official release in 1967. Featuring the iconic portrait of former South African President Paul Kruger, these coins have become a symbol of wealth and investment.

2020 Krugerrand

• 1oz Fine-Silver Proof: R 995
• The Prestige Set (6 coins): R 71,995
• The Fractional Set (5 coins): R 33,995
• 2oz Fine-Silver Proof: R 1,995
• 1/50oz (22ct Gold): R 1,395
• 1/10oz (22ct Gold): R 4,495
• 1/4oz (22ct Gold): R 8,995
• 1oz Gold Proof: R 33,995
• 2oz Gold Proof: R 74,995

2019 Krugerrand

• 1oz (22ct Gold): R 33,995
• 1/4oz (22ct Gold): R 8,995
• 1/10oz (22ct Gold): R 4,495
• 1/50oz (22ct Gold): R 1,395
• 1oz Fine Silver Proof Ag 999: R 995
• Fractional with Silver Set (6 coins): R 32,995
• The Prestige Set (6 coins): R 71,995
• Fractional 5 (coin set): R 33,995
• The D-Day 75 Year Commemorative Set: R 36,995

2018 Krugerrand

• Fractional Set (5 coins): R 33,995
• Prestige Set (6 coins): R 71,995
• Fractional Set with Silver (6 coins): R 32,995
• 1oz Fine – Silver Proof: R 995
• 1/50oz (22ct Gold): R 1,395
• 1/10oz (22ct Gold): R 4,495
• 1/4oz (22ct Gold): R 8,995
• 1oz (22ct Gold): R 33,995

2017 Krugerrand 50th Anniversary

• 2017 Krugerrand 1oz (22ct Gold): R 31,600

1902 VeldPond

The 1902 VeldPond holds historical significance, serving as a memorial for the Boer-British war. Only 986 of these coins were created, making them highly sought after by collectors. The value of these coins ranges from R150,000 to R350,000, depending on their physical condition.

1898 Single 9 Pond

The 1898 Single 9 Pond coin is one of the world's most expensive coins, with a value of R15,000,000 as of 2020. This rarity is due to the fact that only one of these coins was sold to a private buyer for R20 million.

Big 5 Coins

South Africa takes pride in its rich wildlife, known as 'The Big 5,' which includes lions, buffaloes, rhinos, leopards, and elephants. The Big 5 coin series celebrates these iconic animals and has qualities that make them attractive for long-term investment.

2021 Big 5: Buffalo

• 5 Rand | 1 Oz Silver | Uncirculated: €89,50
• 50 Rand | 1 Oz Gold | Proof: €4,500,00
• Double Capsule Series (5.); 50 Rand | 1 Oz Gold | Proof: €395,00
• Big Five + Krugerrand (5.): Set – Privy Mark Buffalo; 6 Rand | 2 x 1 Oz Silver | Proof: €395,00
• Set – Privy Mark Buffalo: 51 Rand | 2 x 1 Oz Gold | Proof: €7,450,00

2020 Big 5: Rhino

• 2020 Big 5 Rhino Brilliant Uncirculated 1oz Silver-Ag 999 blister pack: R 595
• Proof Set: R 1,995
• 2020 Big 5 Rhino 1oz Gold: R 26,995

Protea Series

The Protea series consists of various coins celebrating different aspects of South African culture and history. These coins are known for their unique designs and limited mintages, making them attractive to collectors.

2020 Protea: 'South African Democracy - 25 Years'

• 1/10oz Gold: R 5,995
• 1/4oz Gold: R 13,995
• 1oz Gold: R 28,995
• 1oz Silver Proof: R 595

Tips for Investing in SA Coins

1. Research: Always conduct thorough research before investing in coins. Understand the history, rarity, and demand for the specific coin you're interested in.

2. Condition Matters: The physical condition of a coin significantly affects its value. Coins in excellent condition are generally worth more.

3. Authenticity: Ensure the coin's authenticity by purchasing from reputable dealers or getting it certified by a grading agency.

4. Diversify: Don't put all your money into a single coin. Diversify your coin investments to spread risk.

5. Long-Term Perspective: Coin collecting and investing often yield better results over the long term. Be patient and hold onto your investments.

READ ALSO: What is the FNB Universal Branch Code in South Africa?

Conclusion

South African coins offer a unique blend of history, artistry, and investment potential. Whether you're a collector or an investor, the SA coins price list for 2023 provides valuable insights into the most sought-after coins and their current market prices. Remember to approach coin collecting and investing with caution, do your research, and consider seeking guidance from experts in the field.