Where to Exchange Coins for Cash in South Africa 2023?

Filed in Articles by on 0 Comments

Last Updated on March 9, 2023

Where to Exchange Coins for Cash in South Africa

If you are looking for where to exchange coins for cash in South Africa, you are in the right place.

What is a coin?

A coin is a small flat round piece of metal or plastic with an official stamp that is primarily used as money or a medium of exchange.

What are the examples of a coin?

  • Mandela Coin
  • Morgan Silver Dollar Coin
  • 1 oz South African Gold Krugerrand Coin
  • Canada 1 oz Gold Maple Leaf BU

Where to exchange coins for cash in South Africa?

Coins can be exchanged coins for cash at the following institutions:

1. Standard Bank

2. Absa Bank

3. The South African Gold Coin Exchange (SAGCE)

4. The Loan Merchant Bank

5. First National Bank (FNB)

Can you deposit coins at an ATM?

Most ATMs do not take coins. Therefore, you must go to a bank and deposit them with a teller.

How can I exchange coins for cash?

There are three main options to change coins to cash:

1. Send your coins to the bank

2. Roll the coins yourself

3. Use a coin change Service or buy a coin change separator

What South African coins are worth money?

1. Single 9 Pond

2. Kruger Double Nine Ponds

3. Burgers Pond Coarse Beard

4. Sammy Marks Tickey

5. Burgers Pond Fine Beard

6. VeldPond

7. Mandela 90th Birthday Coin

8. Mandela’s 100th Birthday R5 coin

What is the value of a 1969 R1 coin?

The value of a 1969 R1 coin is 1 Rand/USD 0.07

How much is a 2008 Mandela coin worth?

It is worth about $5 US dollars.

Where can I sell Mandela coins online in South Africa?

1. OLX

2. Bidorbuy.

3. Gumtree.

4. eBay.

5. Junk Mail.

6. Ananzi.

7. SA Coin


Leave a Reply

Your email address will not be published. Required fields are marked *