Where to sell Mandela coins in polokwane

Mandela Coins (from Mandela Inauguration Coin (1994), Mandela 90th Anniversary Coin (2008), R5 Mandela Centenary Coin (2018)) at Polokwane the Traditional Way (Banks, Authorized Coin Dealers, or Coin Collectors) can be sold at ) or electronically, such as through e-commerce platforms and social media platforms such as Facebook, Instagram, Whatsapp and Twitter.

Due to the rarity and value of Mandela coins, its’ collection has become an investment that can grow into something mind-blowing after a while. Many South Africans have the coins in possession but do not know how and where to sell them. There are several places online where you can sell Mandela coins. These platforms allow you to list your coins for them to reach buyers or customers.

Where to Sell Mandela Coins – Price List and Which Banks Buy

Many people collect South African coins, such as the Nelson Mandela coins, as a hobby, but there is more to this practice than many people imagine. First, the process is more valuable since these coins can be sold for a profit to the right buyer. Mandela coins, for example are some of the most lucrative coins you can invest in. You may want to know how much they cost currently if you have a few of them around. However, it only makes sense if you can get the actual cost of the coins and also the know-how and where to sell them.

Generally, these coins are meant to serve as recognition of South Africa’s legends’ input. It is impossible to talk about the history of South Africa without mentioning these coins. These commemorative coins have been circulating since their launch on the eve of Nelson Mandela’s 90th birthday. Coin collectors continue to seek out these valuable coins.

You go the South African Reserve Bank (SARB) for your coin purchase. When you go, you will need to show the coin(s) to the gold coin teller at the SARB Head Office in Pretoria along with proof of residence, ID, and a bank statement. The bank will then use the current market gold price and dollar exchange rate to calculate the currency price offered for the coins on the day of selling. 

Ananzi

This is a platform that will help you when you seek to sell your coins. Besides that, it also offers placement consulting services if you want to sell the coins quickly. This is great for sellers who want a quick advertisement and sell deal. The website’s interface is straightforward; thus, anyone can use it. You have to visit the site and navigate through the page to get to the ads. Once here, fill out an available form and then wait for an agent to reach out to you for further instructions on how to proceed.

Bidorbuy

If you are a South African or follow South African news, you probably know that Bidorbuy is one of the country’s contemporary marketplaces. It is open for the easiest ways to sell your products in Pretoria. This platform offers an excellent and secure choice for people selling items. You can count on them to sell practically anything legal. To use their service, you need to visit the website and signup if you do this for the first time. Then, go to the sell an item section on the menu, undersell, and register. You can then upload the listing of the items you want to sell, in this case, your Mandela coins. Once done, wait to respond to the potential customers that make inquiries under your item.

Interestingly, you are not restricted on the number of items you can post or sell per time. However, remember that you will have to pay 1 to 5 percent of the item’s price for each product sold. If these terms and conditions are favorable to you, you can try selling your Mandela coins on the platform. It is easier and faster since most people will certainly be visiting the site, so you should consider taking advantage of this. Additionally, you never have to worry about dealing with unscrupulous buyers since the cash is paid directly to the platform, thus avoiding the headache of following up on payments.

Price Check

This site helps you decide how you want to price your coins. The last thing you want to do is underprice the coins and shortchange yourself, or overprice them and chase away potential buyers. Price check helps you compare the different prices of platforms that sell these coins and helps you come up with a reasonable average. It is a good idea to start your search on Price Check. You need to know if it is worth it to sell the coins or wait until the prices are favorable to sell.

Final Thoughts

Mandela coins are a prized possession to own. However, knowing where to sell and what price makes a huge difference. Take time to ensure you are making the right choice.

Need Information or Confused about Something ?

Ask a Question

 

Sponsored Guide

Complete Guide to NSFAS Online Loan Application for South African Students (2025)

If you are a South African student looking to pursue higher education but are facing financial difficulties, the National Student Financial Aid Scheme (NSFAS) is one of the most accessible funding options available. NSFAS provides financial aid in the form of bursaries and loans to qualifying students at public universities and TVET colleges in South Africa.

This guide will walk you through everything you need to know about the NSFAS loan application process, from eligibility requirements to application steps and frequently asked questions.

📌 What is NSFAS?

The National Student Financial Aid Scheme (NSFAS) is a government-funded financial aid scheme aimed at helping students from low- and middle-income households to access tertiary education without the burden of upfront fees.

NSFAS offers both bursaries and income-contingent loans:

  • Bursaries: For eligible students who meet academic and household income criteria (especially for TVET and university students).
  • Loans: For students who do not meet all bursary criteria or who are pursuing postgraduate qualifications not funded under bursary schemes.

✅ Who Qualifies for an NSFAS Loan?

To qualify for an NSFAS loan (especially for postgraduate students or programs not funded under the bursary system), you must:

  • Be a South African citizen.
  • Be financially needy, with a household income of less than R350,000 per year.
  • Have a valid South African ID.
  • Be enrolled or accepted to study at a public university or TVET college.
  • Not be funded through another bursary program that covers all expenses.
  • Maintain satisfactory academic progress (returning students).

📚 Courses Funded by NSFAS

NSFAS primarily funds undergraduate qualifications, but certain postgraduate programs (e.g., PGCE, postgraduate diplomas in education, and professional courses like LLB) may be considered under the NSFAS loan scheme, not bursaries.

If you’re studying:

  • Undergraduate degree or diploma: You are likely eligible for a full NSFAS bursary.
  • Postgraduate study: You may qualify for a loan, depending on the course and funding availability.

📄 Required Documents for NSFAS Application

When applying, make sure you have the following documents scanned and ready:

  1. Certified copy of your South African ID or Smart Card.
  2. Parent(s) or guardian(s) ID documents.
  3. Proof of income (latest payslips, UIF, or affidavit if unemployed).
  4. Consent Form signed by your parent(s)/guardian(s) to allow NSFAS to verify income.
  5. Proof of registration or acceptance at a public institution.
  6. Academic transcripts (for continuing or postgraduate students).

🖥️ How to Apply for an NSFAS Loan Online

Step-by-Step NSFAS Online Application Process (2025)

  1. Visit the NSFAS Website

    Go to: https://www.nsfas.org.za

  2. Create an Account

    • Click on “MyNSFAS” and register your profile.
    • You’ll need a valid email address and South African cellphone number.
    • Choose a strong password and verify your account via email or SMS.

  3. Login and Start the Application

    • After registration, log in to your MyNSFAS account.
    • Click on “Apply” to begin a new application.

  4. Fill in Your Personal Details

    • Input your ID number, name, surname, and other details exactly as they appear on your ID.
    • Provide household income information and living arrangements.

  5. Upload Required Documents

    • Upload all supporting documents in PDF or JPEG format.
    • Each document must be clear and under the size limit specified.

  6. Submit Your Application

    • Review your application for accuracy.
    • Click “Submit” and wait for a confirmation message.

  7. Track Your Application

    • Log in regularly to check your application status.
    • You will be notified via SMS and email at each stage of the process.

🗓️ Important NSFAS Dates (2025)

  • Application Opening Date: September 1, 2025
  • Application Deadline: January 31, 2026
  • Appeals Period: February 2026 (if rejected)
  • Disbursement: After registration and approval

Note: Dates are subject to change; always confirm on the official NSFAS website.

💸 What Does the NSFAS Loan Cover?

NSFAS funding typically includes:

  • Tuition fees
  • Registration fees
  • Accommodation (if living away from home)
  • Meals and transport
  • Learning materials (e.g., textbooks)

For loans, repayment is only required once you start working and earn above a threshold (around R30,000 annually, but subject to change).

🔄 NSFAS Loan Repayment

Repayments are:

  • Income-contingent – you only repay when you can afford to.
  • Administered by DHET (Department of Higher Education and Training).
  • Interest-bearing, but interest rates are low and favorable.

You can also apply for a partial loan conversion to a bursary if you perform well academically.

🔁 How to Appeal a Rejected NSFAS Application

If your application is rejected, you may submit an appeal via your MyNSFAS portal:

  1. Log into your MyNSFAS account.
  2. Click on “Track Funding Progress”.
  3. If rejected, click on “Submit Appeal”.
  4. Upload any missing or corrected documents.
  5. Provide a clear explanation or motivation.

📱 NSFAS Contact Information

📝 Final Tips Before Applying

  • Apply early to avoid system overload near the deadline.
  • Use your own email and cellphone number (do not use someone else’s).
  • Double-check that all your documents are certified and legible.
  • Keep a copy of your submission confirmation for reference.

By following this guide, you can confidently apply for NSFAS funding and move one step closer to achieving your academic and career dreams—without the burden of immediate financial pressure.

 

Related Posts: