I have coins to sell but how and where. I have old coins and Mandela coins. I have all types. They are circulated. 1000
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Customer: I have coins to sell but how and where?
Expert’s Assistant: I understand you’re looking to sell your coins. What country are your coins from?
Customer: I have old coins and Mandela coins.
Expert’s Assistant: Are your Mandela coins the South African R5 commemorative coins, or do you have other types as well?
Customer: I have all types.
Expert’s Assistant: Are your coins mostly circulated (used) or are they in uncirculated or proof condition?
Customer: They are circulated.
Expert’s Assistant: How many coins do you have in total?
Customer: 1000 Mandela coins and 500 other types of old coins.
Expert’s Assistant: Are you hoping to sell the entire collection together, or are you interested in selling individual coins?
Customer: I’m hoping to sell everything.
Expert’s Assistant: Do you have any documentation or certificates of authenticity for any of your coins?
Customer: Not at this moment and I also have a few notes.
Expert’s Assistant: Are your notes also South African, or from other countries?
Customer: South African.
Expert’s Assistant: Are any of your South African notes rare or commemorative issues, or are they standard circulation notes?
Customer: Standard circulation.
Answered by Mark P in 1 min
5 months ago
Profile of Mark P, verified expert at JustAnswer
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Mark P
25+ years of art, antiques & collectibles appraisal and major international auction expertise
Five-star rating — satisfied customers
52,825 satisfied customers
Specialities include: Antiques, Appraisals
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Antique Expert: Mark P
Hello – Thank you for using JustAnswer! My name is***** and I am a certified appraiser of art, antiques, coins and collectibles with over 25 years of major international auction house and appraisal experience. Please post pictures of a sample of the coins to this chat. I will then begin researching and be back to you in a bit.
(Please note: You should be able to use the phone text messaging to send images through this chat if you are seeing it that way. Or please use the JustAnswer website chat or download the JustAnswer app.)
Do you have either of these 5 Rand coins? See attached. And they are in average circulated conditions?
Customer
I have them
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Antique Expert: Mark P
OK – thanks! That gives me a sense of the type of coins in the collection. As those are in circulated conditions as you mentioned, they will sell for between ZAR 20 and 120 depending on the specific conditions. Only the proof issued ones and graded very high mint condition ones command higher prices.
It sounds like a collection you will do best with selling online. It would take a lot of time and listing, but to maximize value, it is best to list them individually with good pictures on eBay or other sale platforms and sell directly to the collector market. It is not a collection that would have a lot of interest to coin dealers just due to the conditions.
I hope you find this helpful and informative. I’ll be happy to answer any questions or provide further sale option guidance if you would like. Just let me know! All my best, ***** *****
Customer
Okay
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Antique Expert: Mark P
Once circulated, coins lose a lot of their collectible value – especially for the modern coins like you have from the last 30 years or so. The online market it most active for that period of coins.
Glad to be of assistance.Thank you for using JustAnswer. Mark P
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