Price List – Where to Sell Mandela Coins
All that you need to know on where to sell Mandela coins, how to sell them and the price list.
“Commemorative R5.00 coins in circulation maintain their worth of R5.00 alone,” claims the South African Reserve Bank (SARB).
This claim suggests that not even the SARB buys circulating coins.
There are certain R5.00 Mandela Coins, nevertheless, that are worth more than they are worth.
These coins were released as proof coins by the South African Mint in a small run.
Proof coins are sometimes enclosed in capsules and come with certificates attesting to their legitimacy.
The value of Mandela R5.00 proof coins is very low; each coin sells for between R100.00 to R900.00.
Mandela proof coins are said by certain coin exchange firms to have no worth beyond their face value.
This is as a result of the R5.00 Mandela coins’ extensive production.
The price given is that which other merchants have listed as the retail price from the relevant retail platforms.
If you own a proof version of the R5.00 Nelson Mandela coin, your coin may be worth the suggested retail value.
Due to price competition from different shops on the platforms, prices may differ.
Where can you sell the Nelson Mandela Coins?
Online markets are most popular for selling Mandela coins, we have compiled a list of most well known markets to sell your coin.
Takealot
One of the biggest sites to sell your Mandela Coin is on Takealot, the biggest marketplace in South Africa.
The marketplace increases the possibility that your Mandela-proof coin will be acquired by exposing you to millions of customers throughout South Africa.
When sold through Takealot, the business acts as a facilitator or middleman to make sure the coin is sold to a paying consumer.
There won’t be any problems with payments as a consequence, and Takealot will free you of the responsibility of managing a client transaction.
Bid or Buy
Selling a Mandela coin on one of South Africa’s most well-known internet marketplaces, Bid or Buy, gives you far more visibility.
Any sort of Mandela coin can be sold on the marketplace, however limited edition Mandela coins are more common.
Facebook Marketplace
One of the numerous locations to sell Mandela Coins is the Facebook marketplace.
On the Facebook marketplace, vendors may list their products and set prices.
Facebook Market has its own disadvantages even if it’s an excellent place to start selling Mandela Coins.
By delivering a delivery and guaranteeing that you are paid, you must facilitate the deal through the Facebook marketplace.
Upon delivery, the coin’s validity can be questioned, which would increase the cost of selling the coin because of the added transport expenses.
GumTree
One of the markets where you may sell a Mandela coin is Gumtree.
For reselling the coins, the seller is able to establish any price.
By delivering the coin and obtaining payment, the seller is responsible for facilitating the transaction with the client.
Customers who want to buy the currency may have trouble traveling because of the distance, which raises the cost of selling the coin.
eBay
The second-largest marketplace in the world, eBay, offers significant exposure for everything sold there.
Customers from all around the world may purchase things from vendors through the marketplace.
If you list them on eBay, you may sell Mandela coins anywhere in the globe.
Mandela Coins Price List
| Coin | Selling Platform | Price |
| Mandela Centenary Coin MS 67 | Ebay | R297.76 |
| Mandela Centenary coin MS 68 | Ebay | R501.94 |
| 90th Birthday MS 65 | Ebay | R492.00 |
| 90th Birthday MS 66 | Takealot | R429.00 |
Takeway
Online platforms are most popular places where you can sell Mandela coins, choosing the platform will depend on how much you can make from your coin.
You will find this post on most valuable coins important to read to determine whether you have a valuable coin.
