A lot of 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 make sure that it is a wanted coin.
Secondly, 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.
S A 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.
*SA coin Shop
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 Scoin shops nationwide and in Namibia, they are the only coin and medallion retail chain store in the world.
Click Here to find a broker to sell your coin
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So, here are some of the online platforms where you can sell your rare coins:
While everyone seems to be delving into cryptocurrencies during the past few years, there is still money to be made with conventional money. In fact, there are some rare coins that can be worth a pretty penny. The Mandelacoin is a South African R5 coin, which features the face of Nelson Mandela. As you should already know, Mandela was the South African President from 1994 to 1999. Depending on the specific Mandela coin that you have, it could be worth as much as a million rand. This guide will teach you how to sell your Mandela coins for once and all.
Where To Sell Mandelacoins
In reality, there are plenty of great places to sell Mandela coins, but some are riskier than others. First and foremost, you may want to consider visiting your local flea market. There, you will be able to find tons of individuals who are interested in rare coins. You can also try auction websites. Unfortunately, both of these options are limited and a little risky. Don’t expect to get top dollar prices from these locations. If you really want to get the most out of your Mandela coins, you should visit Cointrader.co.za. The website has gained a great reputation and they offer reasonable prices for the rarest Mandelacoin on the planet.