What is a 1988 1 rand coin worth?

What is a 1988 1 rand coin worth?

Information:

Krause number KM# 88
Currency rate 1 ZAR = 0.07 USD
Year 1988
Subject Soli Deo Gloria
Period Republic of South Africa (1961 – 2021)

Which old South African coins are valuable South?

Most valuable South African coins value list

  1. Single 9 Pond (1898) Single 9 Pond.
  2. Kruger Double Nine Ponds (1899)
  3. Burgers Pond Coarse Beard (1874)
  4. Sammy Marks Tickey (1898)
  5. Burgers Pond Fine Beard (1874)
  6. VeldPond (1902)
  7. Mandela 90th Birthday Coin (2008)
  8. Mandela’s 100th Birthday R5 coin (2018)

When was the r1 coin made?

In 1965, South Africa introduced a 1 Rand coin. From 1965 to 1990 inclusive, these were made of silver, but in 1977, a smaller nickel design was introduced, which was issued concrurrently with the silver coins. The issue of this nickel series also stopped in 1990.

How much is 2c worth?

The values of two cent coins can range significantly, from $11 to over $200 depending on year and condition.

Which South African R5 coins are valuable?

Which South African R5 coins are valuable? The most valuable coins are the commemorative R5 coins issued in 2008. These South African coins are valued at R150,000 according to the Bid or Buy listing. Ungraded bits of metal that are not in circulation, on the other hand, are worth around R1,000.

What is the rarest South African coin?

The 1898 “Single 9” Pond is considered South Africa’s rarest form of coin. While greatly desired throughout South Africa, this rare gold coin is hardly known outside of the country. The 1898 “Single 9” Pond is considered South Africa’s rarest form of coin.

What is a 1 rand coin?

The 1 Rand gold coin is made of 22 carats gold or 91.70% fineness. It has an overall weight of 3.99 grams and the weight of pure gold used in manufacturing one coin is 3.66 grams or 0.1177 troy ounces. It has a diameter of 19 mm and a 1 mm thickness. The 1 Rand denomination was valued as being equal with 10 shillings.

How much is a 1 rand coin worth?

Information:

Krause number KM# 71.2
Currency rate 1 ZAR = 0.06 USD
Year 1966-1968
Subject Legend in Afrikaans – “SUID-AFRIKA”
Period Republic of South Africa (1961 – 2021)

How much is a South African 2 cent worth?

Features

Issuer South Africa
Value 2 Cents 0.02 ZAR = USD 0.0013
Currency Rand (1961-date)
Composition Bronze
Weight 4.0 g

What is a 1987 one rand coin worth?

Information:

Krause number KM# 88a
Denomination 1 rand
Currency rate 1 ZAR = 0.07 USD
Year 1987
Period Republic of South Africa (1961 – 2021)

Where is the coat of arms on a 1988 Rand coin?

Thus, R1 coins issued in 1988 circulated for only three years until they were withdrawn. The obverse of the coin displays the Coat of Arms of South Africa at its centre, as granted to the Union of South Africa by King George V and later amended by the British College of Arms. It contains representation of the four provinces within the Union.

When did the one rand coin come out?

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 One Rand coin (abbreviated as R1) was initially a gold bullion coin, but this was soon changed to silver.

When was the Rand currency introduced in South Africa?

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.

What was the inflation rate in 1988 in South Africa?

The inflation rate in South Africa between 1988 and today has been 814.48%, which translates into a total increase of R814.48. This means that 100 rand in 1988 are equivalent to 914.48 rand in 2021. In other words, the purchasing power of R100 in 1988 equals R914.48 today. The average annual inflation rate has been 6.73%.