People have been emailing me asking me about how to sell Mandela R5 coins. Here are few ways you can sell Mandela R5 coins and other rare coins.
Firstly you have to make sure that it is a wanted coin. Here are the wanted coins:
You have to research for price value of the coin before you sell it cheaply.
There has been a report that one of Mandela R5 coin have been sold for over R2 million rand overseas. But what does this mean? Does it mean that all Mandela coins sell for R2 million? No, that was then and it was sold in an auction to the highest bidder.
At the moment some online coin buyers are buying the Mandela coins for amounts less than R2000. If you sell it with the higher amount, consider yourself lucky.
So, here are some of the online platforms where you can sell your rare coins:
SA COIN is the largest rare coin company in South Africa. They have been in business for around 25 years. In that time they have developed the market for South African rare coins from a small sized cottage industry market to being valued at over R1.1 billion rand. They took South Africa’s rarest coin the single 9 from a value of R600 000 in 1996 to a value and sale of R4 650 000 through S A COIN in 1998. Today the Single 9 is valued at R50 million rand.
Established in 1972, they have helped thousands of people preserve their wealth by adding illustrious gold coins and medallions to their asset portfolio. With over 25 SA coin shops nationwide and Namibia, they are the only coin and medallion retail chain store in the world. If you think this was a valuable information, help someone find it, share on social networks.