Earlier this year, TikToker @landonhistory announced that a South African Nelson Mandela Centenary R5 coin made in 2018 sold for R6 700 on the Bassani Auction House app.
According to a video made by the TikTok user, R5 Mandela coins in good condition can sell for up to R200 each.
The debate around the value of South Africa's R5 coins has been longstanding, with many arguing that it is better to hold onto the coins to later sell at exorbitant prices.
However, the South African Reserve Bank (SARB) does not agree, and here's why, Cape {town} Etc reports.
In a statement on its website, the SARB reiterated that the commemorative R5 Nelson Mandela circulation coin issued in 2008 to celebrate the former president's 90th birthday was and is still worth R5.
