FREQUENTLY ASKED QUESTIONS
WHICH COINS HAVE VALUE?
There are two things that can give a coin value.
1
The smelt value of the metal in the coin.
e.g. Silver or Gold coins
These coins carry intrinsic value.
2
Numismatic value
These are coins with low mintages or have a
certain appeal to collectors.
Depending on the rarity, the higher the price.
UNFORTUNATELY
Some coins do not fit either of the categories that can give coins value.
The coin is not made of gold or silver,
And it is not a rare coin.
It is only worth face value, meaning whatever stands on the coin.
Coins that have NO VALUE
Coins we purchase
Here are some more commonly asked questions
Here is a list of South African Coins we buy
What makes South African old coins valuable?
The value of South African old coins depends on factors like rarity, condition (grade), historical significance, demand among collectors, and metal content (e.g., gold or silver). Coins with low mintages, errors, or unique designs are often more valuable.
How can I tell if my South African coin is rare?
Research the coin’s date, mint mark, and design. Use resources like the South African Coin Catalogue or online databases like Numista to compare your coin to known rare varieties. Consulting a local numismatist (coin expert) can also help, you can follow JWH Coins on its various Social Media platforms where the value of coins are also explained.
Should I clean my old South African coins?
Do not clean old coins unless you are an expert. Cleaning can damage the surface and reduce their value. If necessary, use mild soap and water, but avoid abrasive materials or chemicals. For valuable coins, consult a professional.
Where can I sell my old South African coins?
The value of South African old coins depends on factors like rarity, condition (grade), historical significance, demand among collectors, and metal content (e.g., gold or silver). Coins with low mintages, errors, or unique designs are often more valuable.
How do I store my South African coins to preserve their value?
Store coins in a cool, dry place, away from humidity and direct sunlight. Use acid-free holders, coin flips, or capsules. Avoid PVC-based plastic holders, as they can damage coins over time.
How do I know if my South African coin is authentic?
Look for signs of authenticity, such as consistent weight, size, and design details. If in doubt, have the coin authenticated by a professional grading service or a reputable coin dealer.
What are error coins, and are they valuable in South Africa?
Error coins are mistakes made during the minting process, such as double dies, off-center strikes, or missing mint marks. South African error coins can be rare and valuable, depending on the type and extent of the error.
What is grading, and why is it important for South African coins?
Grading is the process of evaluating a coin’s condition on a scale from 1 (poor) to 70 (perfect mint state). Higher grades increase a coin’s value. Professional grading services (e.g.,SANGS, NGC, PCGS) provide certified grades.
Can I find valuable South African coins in circulation?
No, none of the coins currently in circulation carry any more value.
What should I do if I inherit a collection of South African coins?
Handle the coins carefully and avoid cleaning them. Research their value using coin catalogs or online resources. Consider having the collection appraised by a professional to determine its worth and significance.
Contact JWH Coins to do an appraisal of the collection.