Johannesburg – The South African Reserve Bank (SARB) says commemorative coins are not worth any more than their face value.
In a statement issued on Monday, the bank says it is pointing this out because it has received numerous enquiries on the value of the R5 commemorative circulation coins.
It notes that commemorative circulation coins, such as the R5 Griqua Town coin, are ‘normal’ circulation coins that form part of all the other coins already in circulation.
“These circulation coins, whether ‘normal’ or commemorative, are all worth their face value, which is R5 in the case of the R5 Griqua Town circulation coin.”
It adds, should consumers receive one of these coins as change, they should not hold on to it.