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The Troubled History of the South African Rand. The South African rand was first produced in 1961, when South Africa became a republic. It replaced the South African pound, which used to be the legal currency of the Union of South Africa since it was established as a British Dominion in 1910. The rand saw a fairly auspicious beginning, trading ...
The South African Reserve Bank has repeatedly advised that the regular circulation coins are not worth more than their face value (R5). Five Rand 2018 Nelson Mandela Centenary: Known varieties. Variety. Proof. Mintage. Issued: 674. Mintage limit: 700. Details. Issued in the mint sets only, not individually.
Coin. Two Rand 1990. The Rand currency was introduced in the then Union of South Africa on 14 February 1961, shortly before the establishment of the Republic on 31 May 1961. At that time, the Two Rand (abbreviated as R2) was a gold bullion coin equal to the earlier gold pound, which was itself equal to a British sovereign.
Detailed information about the coin 2 Rand (Right to education), South Africa, with pictures and collection and swap management: mintage, descriptions, metal, weight, size, value and other numismatic data
The gold Two Rand denomination was issued until 1983 and was then discontinued in favour of the Krugerrand bullion coin series. Regular circulating R2 coins were introduced in 1989, made of base metal. The gold coins have not been demonetised and are still legal tender; however, their intrinsic bullion value is much higher than their face value.
South African Rand coins. Convert your leftover South African Rand coins to cash using our hassle-free online exchange service. Get paid fast for your unused currency from South Africa. The current set of South African Rand coins are issued by the Pretoria-based South African Reserve Bank since 1989, in denominations from 1 cent to 5 rand.
The Rand currency was introduced in the then Union of South Africa on 14 February 1961, shortly before the establishment of the Republic on 31 May 1961. The largest circulating coin at the time was fifty cents ; gradually, new coins were introduced to replace banknotes, with the highest circulating denomination now being Five Rand (abbreviated ...
