Gold and Silver Coins of South Africa

Gold and Silver Coins of South Africa

South African gold and silver coins began to be minted at the end of the 19th century. By the design of the coins, you can clearly track the important periods of the state formation, which include the period of colonization by Great Britain and the attainment of independence by the Republic of South Africa. Today, gold and silver coins that are minted by this state are, first of all, an investment and interest collectors from all over the world.

Gold Coins of South Africa

Ponds

0.5 pond denomination

  • minted in 1892
  • kruger

  • minted in 2007
  • 2007

  • minted in 2012
  • 2012

  • 50 years of the South African gold Krugerrand” minted in 2017
  • 50 years

  • minted in 2018
  • Coins of the “Nature” series

    0.5 ounce denomination

    • “Lion” minted in 1994

    1 ounce denomination

    • “Elephant” minted in 1996
    • “Gemsbok” minted in 2001

    olen

    • “Caracal” minted in 2004
    • “Hippopotamus” minted in 2005

    hypo

  • “Giants of Africa” series “Elephant” coin minted in 2008
  • slon

    Silver coins of South Africa

    Shillings

    1 shilling denomination

    • minted in 1896
    • minted in 1897

    shilling

  • minted in 1923
  • minted in 1942
  • minted in 1951
  • minted in 1955
  • elizabeth

    • minted in 1958

    2 shillings denomination

    • minted in 1896

    2shillings

    • minted in 1932
    • minted in 1937
    • minted in 1958

    2.5 shillings denomination

    • minted in 1896
    • minted in 1924

    2.5shillings

    • minted in 1928
    • minted in 1942
    • minted in 1958

    5 shillings denomination

    • “300th Anniversary of the Founding of Cape Town”, minted in 1952
    • “50 years of the South African Union” minted in 1960

    5shil

    Florins

    1 florin denomination

    • minted in 1928

    Pennies

    3 pennies denomination

    • minted in 1897
    • minted in 1924
    • minted in 1927
    • minted in 1928
    • minted in 1932
    • minted in 1940
    • minted in 1942

    pennny

    • minted in 1949
    • minted in 1952
    • minted in 1954

    6 pennies denomination

    • minted in 1897
    • minted in 1927
    • minted in 1932

    6pens

    • minted in 1933
    • minted in 1938

    Rands

    1 rand denomination

    • minted in 1966
    • minted in 1967

    rand

    • “50th Anniversary of the Pretoria Mint”, minted in 1974
    • “100th Anniversary of the Pretoria Mint” minted in 1992
    • minted in 1992

    rand92-min

  • “Woman of Africa” minted in 1997
  • rand-Women-of-South-Africa-min

    2 rands denomination

    • minted in 1991
    • 2rand

    • minted in 2000

    5 rands denomination

    5rand

  • minted in 2015
  • 2015

    Cents

    5 cents denomination

    • minted in 1963

    10 cents denomination

    • minted in 1962

    Krugerrands

    1 Krugerrand denomination

    • minted in 2017

    What Mint produced the coins?

    In 1892, near the city of Johannesburg, deposits of gold were discovered, which became a prerequisite for the foundation of the Mint. Since South Africa was a colony of Great Britain, it fulfilled orders for two states at once. However, due to the outbreak of the Anglo-Boer wars, the country’s economy was shaken, and the Mint had to be closed in 1900. The war ended, the Union of South Africa (South Africa) was formed, which received the dominion status of the United Kingdom, and the British currency became absolutely legal. For convenience and cost savings in 1919, a new Mint was founded in the city of Pretoria, which actually became a branch of the Royal Mint of Great Britain. The first South African British money appeared already in 1923: pennies, florin, shillings and pounds. In 1941, the Mint became completely subordinate to the South African government, and in 1961 the South African Union became an independent republic and introduced its national currency, the rand. In the eighties, the Mint was privatized by the Reserve Bank of South Africa, and in 1988 it was renamed to “The SA Mint Company (Pty) Ltd”.

    The cost of gold and silver coins of South Africa

    The approximate cost of gold and silver coins of South Africa on numismatic exchanges:

    • Cost South African sovereigns (1925-1932):

    Denomination

    Metal

    Year of issue

    Price (USD)

    0,5 sovereign

    Au

    1925

    180,77-259,09

    0,5 sovereign

    Au

    1926

    300,6

    1 sovereign

    Au

    1925

    416,41

    1 sovereign

    Au

    1927

    392,99-433,33

    1 sovereign

    Au

    1928

    746,94-810,70

    1 sovereign

    Au

    1929

    399,73-416,21

    1 sovereign

    Au

    1930

    399,79

    1 sovereign

    Au

    1931

    451,55

    Ponds

    Denomination

    Metal

    Year of issue

    Price (USD)

    0,5 pond

    Au

    1895

    274,64

    1 pond

    Au

    1898

    2143,78

    Pounds

    Denomination

    Metal

    Year of issue

    Price (USD)

    1 pound

    Au

    1907

    317,51

    1 pound

    Au

    1958

    317,51

    Shillings

    Denomination

    Metal

    Year of issue

    Price (USD)

    1 shilling

    Ag

    1896

    12-15

    1 shilling

    Ag

    1932

    20-25

    1 shilling

    Ag

    1942

    6-8

    1 shilling

    Ag

    1951

    6-8

    1 shilling

    Ag

    1958

    5-6

    2 shillings

    Ag

    1897

    35-40

    2 shillings

    Ag

    1932

    10-15

    2 shillings

    Ag

    1937

    25-30

    2 shillings

    Ag

    1958

    8-12

    2,5 shillings

    Ag

    1896

    50-60

    2,5 shillings

    Ag

    1928

    46,35

    2,5 shillings

    Ag

    1942

    147,17

    2,5 shillings

    Ag

    1958

    8-12

    5 shillings

    Ag

    1952

    20-22

    Cents

    Denomination

    Metal

    Year of issue

    Price (USD)

    Set of 5, 10, 20, 50 cents denomination

    Ag

    2003

    346,48

    5 cents

    Ag

    1963

    5-6

    10 cents

    Ag

    1962

    6-8

    Florins

    Denomination

    Metal

    Year of issue

    Price (USD)

    1 florin

    Ag

    1928

    16,22

    Rands

    Denomination

    Metal

    Year of issue

    Price (USD)

    1 rand

    Ag

    1974

    28,97

    1 rand

    Ag

    1992

    28,75

    2 rand

    Ag

    2000

    81,12

    Krugerrands

    Denomination

    Metal

    Year of issue

    Price (USD)

    0,25 krugerrand

    Au

    1982

    349,96

    0,5 krugerrand

    Au

    2014

    684,85

    1 krugerrand

    Au

    2017

    1428,8

    1 krugerrand

    Au

    2018

    1326,83

    Interesting Facts

    • South Africa’s Gold Coin “Giants of Africa. Elephant’s” minted in 2008 is part of the “Nature” series, which is dedicated to outstanding animals of Africa.
    • “Gemsbok”, the South Africa gold coin of the “Nature” series minted in 2001 was issued with a circulation of only 491 samples in the South African Mint.
    • The “Woman of Africa” silver coin of 1 rand minted in 1991 became the “Coin of the Year” at the annual international numismatic exhibition.
    • Silver shillings of South Africa are among the most beautiful coins of the African continent.
    • South Africa (Transvaal) minted coins from 1856 to 1899. At this time in circulation were gold pond, silver shillings and pennies. The pond was 20 shillings and the shilling was 12 pence.
    • During the existence of the Union of South Africa (1910–1961), florins, shillings and pennies were minted. For example, the florin was equal to 2 shillings, and the shilling was equal to 12 pence.
    • During the existence of the Union of South Africa (1910–1961), florins, shillings and pennies were minted. For example, the florin was equal to 2 shillings, and the shilling was equal to 12 pence.
    • Since South Africa was a colony of Great Britain, portraits of state heads were minted on coins. On the obverse side of the coins of the period 1910-1936 there is the side-face of King George V, and from 1936 to 1952 − the profile of George VI. On silver shillings of the period 1952-1961 there is the portrait of Elizabeth II, the Queen of Great Britain.
    • There are two types of state identification on the gold and silver coins of South Africa: “SOUTH AFRICA” and “SUID AFRIKA”.
    • Silver Krugerrands weighing 1 ounce began to be minted 50 years after the start of production of gold coins of this type, namely in 2016, but indicating the year of issue as “2017”.
    • Krugerrands are exclusively investment coins and have retained their design unchanged since the beginning of the first issue for several decades in a row.
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