List of Wanted South African Coins Paying up to R20 000

Image result for List of Wanted South African Coins Paying up to R20 000

check all information here

UNION Coins – 1923-1960

These coins vary in silver content. Coins minted 1923-1950 will have a higher value than coins minted 1951-1960.
3d (tickey) only the 1931 3d has high value. 6d – 1 shilling – 2 shilling – 2 ½ shilling – 5 shilling

NB: (All the above coins minted from 1965 onward have no silver value, they are made from nickel.)R1 coins dated 1965-1976.

R1 coins dated 1965-1976.

From 1970-1976 – R1- coins only issued in collectors sets and are worth bullion value.
An easy way to check if your R1 coins are silver is by using a magnet, a fridge magnet will do. If the R1 coins stick to the magnet it is not silver and only worth face value.
I will also buy the silver commemorative series.

Download The List in Pdf

 

Maduo a ditshwantsho a List of Wanted South African Coins Paying up to R20 000

Places to sell these coins

Kenwigs Coins & Medals

Suite 8, First Floor,
Medical Suites,
Thrupps Illovo Centre
204 Oxford Road,
Illovo,
Sandton 2198

Telephone: 011-327-6388
Cell: 079-399-8987 (WhatsApp)

Email: info@kenwigs.co.za
Hours: 10:00am to 4:00pm

We asked who’s head is on South Africa’s 1966 50C coin.

And the answer is Jan Van Riebeeck

Sources:numista.com, Kenwigs.co.za

 

BUY AND SELL GOLD OR ANTIQUE COINS

Image result for BUY AND SELL GOLD OR ANTIQUE COINS

BUY AND SELL GOLD OR ANTIQUE COINS

Mint piece gathering is one of the world’s most established leisure activities. A few people gather them for entertainment only while others aggregate coins after some time keeping in mind the end goal to deliver a benefit. Point Jewelry Exchange is devoted to giving the most abnormal amount of aptitude and esteem with regards to purchasing and offering coins in the Sea Point and Cape Town region. With our staff of coin specialists and associations with coin purchasers in Cape Town, we are in our very own class!

Maybe you’ve been gathering coins as long as you can remember, or perhaps you were passed on an uncommon gold coin from one of your relatives. Whatever the case might be, we can give you point by point data about your coins and disclose to you what their esteem is on the spot.

In the event that you are hoping to offer your important coins for required money, we will get them from you for top market an incentive in real money!

Hoping to add to your currency gathering? We have a collection of currencies that even a privateer would be envious of! Point Jewelry Exchange is glad to offer the most focused valuing in Cape Town, making us your head coin merchant.

Currency gathering is a fun and age-old pastime that can pay off if your coins are significant and uncommon. For what reason not purchase your next coin venture at Point Jewelry? Regardless of whether you’re hoping to purchase or offer gold currencies in Cape Town or you are hoping to finish your Mint stamp accumulation, Point Jewelry Exchange is the #1 area for all your coin needs

contact us on 021 433 1166

or Martin nagel Cell: 082 469 1499

or 341 Jan Smuts Ave, Hyde Park, South Africa, 2196Telephone:+(27) 011 325 7777operating hours: Mon–Fri 09:00–17:00 / Sat 09:00– 13:00

or 1 Thibault Square, 20th Floor
Suite 2003, Hans Strydom Street,sandton

List of Areas Where You Can Sell Mandela Coins for Extra Cash in South Africa

several of the Mandela 90th Birthday proof 70’s have sold for R275 000. The rare 90th birthday Mandela proof and mint state coins are expected to show blistering financial performance in 2014 tax free. The first year after the death of the great Nelson Mandela. These are the rare R5 Mandela coins that are in the greatest demand from the South African and international public. The proof versions of these coins are the most beautiful South African coins ever manufactured, they are breath-taking. The proof versions are also by number of only 5 000 minted with the exception of the finest known rare R5 Mandela coins the most rare Mandela coins of the entire series. We are projecting that proof 70 birthday Mandela coins will sell for R450 000 at the end of the year around R1 million by the end of 2017. The proof 69 birthday Mandela coins are expected to be selling at R65 000 by the end of 2016 and R110 000 at the end of 2017.

Image result for List of Areas Where You Can Sell Mandela Coins for Extra Cash in South Africa

Image result for List of Areas Where You Can Sell Mandela Coins for Extra Cash in South Africa

Take your coins to one of the following areas

 

1.SA Coin

S A COIN is the largest rare coin company in South Africa. They have been in business for around 25 years. In that time they have developed the market for South African rare coins from a small sized cottage industry market to being valued at over R1.1 billion rand. They took South Africa’s rarest coin the single 9 from a value of R600 000 in 1996 to a value and sale of R4 650 000 through S A COIN in 1998. Today the Single 9 is valued at R50 million rand.

2.TheCoinCompany

Members of The Coin Company are from various backgrounds. All complimenting each other but all with the same purpose, to keep the coin industry alive and thriving. Our sales staff and experienced consultants have received excellent training in the industry and continue to receive on-going training as the market evolves. One of our senior staff members has held top management positions in the coin industry for the past 30 years. This coupled with the Accounting experience of an International Corporate accountant give us a strong accounting and administrative background. We offer a well-balanced, rounded company to benefit our customers in this incredible field of coin investments and rare coins.

 

WORLD COIN NEWS MANDELA CONTINUES TO BE PROFITABLE COIN SUBJECT

Related image

How did it happen that unpretentious business strikes of a common coin, one with a mintage of 5 million pieces, became $10,000 numismatic superstars less than five months after the coin began circulating? This is not a trick question, nor does its answer involve mint errors or rare die variations.

The coin is South Africa’s 2008 5 rand commemorating former president Nelson Mandela’s 90th birthday. Released into circulation on July 18, 2008, many of the coins soon appeared in the offices of Professional Coin Grading Services and Numismatic Guaranty Corporation, two graders favored by South African collectors.

As I write in mid-December, only six examples have been graded as high as MS-68, all by PCGS. Three of these recently sold for R100,000, or about US$10,000, per coin.

The South African Mint's 2008 5 rand coin commemorates the 90th birthday of Nelson Mandela. Its finr detail makes MS-68 examples, valued at $10,000, hard to come by

A partial explanation for this price level lies in the coin’s theme. Every South African Mint product associated with Mandela enjoys extraordinary popularity in South Africa and, to a growing extent, around the world.

The 90th birthday issue joins a family of similar coins, namely, the 1994 Mandela presidential inauguration R5 and his post-presidential 2000 R5, whose rates of appreciation in the numismatic market make them top performers globally. Of all coins ever minted anywhere, the 2000 R5 has the steepest curve of increasing prices. No other coin comes close.

South Africans have been hoarding the new R5 since July 18. Anticipating this behavior, the South African government tried to forestall it. Reserve Bank Governor Tito Mboweni and Finance Minister Trevor Manuel practically begged the public to keep the coin in circulation. Of course, South Africans didn’t comply.

The resulting hoards have an important bearing on the value of MS-68 examples. High percentages of the total number of coins minted remain uncirculated or almost uncirculated. This permits numismatic experts to discern the extreme rarity of superb business strikes.

An inordinately small proportion of superlative pieces emerged from the mint. We arrive at the root cause of the $10,000 price tag for MS-68 specimens when we understand why the South African Mint, whose technical prowess in world class, didn’t produce a greater quantity of nearly perfect coins.

The coin’s planned intricacies and the techniques required to execute them were challenging. Like mints in the U.S. and Canada, the South African Mint proved unable to devote the resources necessary to master these challenges and produce consistently excellent “mere” business strikes. To have done so would have been prohibitively expensive.

A bimetallic coin, the Mandela 90th birthday R5 entailed more difficult strikings that would have been the case if planchets of uniform alloy had been used. The South Africans resorted to the bimetallic planchets – brass-plated steel centers with nickel-plated copper rings – that they had introduced for their R5 in 2004. Moreover, and in the contrast to the 1994 and 2000 Mandela R5s, the 2008 coin was designed with a quantum leap of finer detail.

This is especially evident on the coin’s reverse (what Americans would call its obverse) where Mandela’s bust dominates the center. In the ring and radiating from the center on both Mandela’s right and his left are incredibly minute renditions of the letters “SARB” standing for the South African Reserve Bank. Mint employees surely suffered fits trying to keep this tiny lettering sharp.

Fine detail also appears on the obverse where the South African coat of arms is markedly more elaborate than the wildebeest design of 2000.

To my mind, the coin’s most demanding feature is its reeded edge with a security groove bifurcating the reeding. Inside the security groove appear repeated incuse runs of the letters “SARB R5” denoting the reserve bank and the coins denomination.

Getting all of this right and minting reasonably attractive business strikes makes the paucity of MS-68 pieces unsurprising. Collectors should feel grateful that there are any such examples.

Price differentials attest to the scarcity of the MS-68s. Whereas three of these have fetched R100,000 apiece, the relatively common MS-65 routinely retails for R750, about $75.

The Mandela 90th birthday R5 is exciting in itself, regardless of the potential to profit from it. It honors a statesman whose reputation is unsurpassed by those of his contemporaries around the globe. His coin will continue to be coveted collectibles.

Perhaps the 90th birthday coin will prove more popular than the famed 2000 Mandela R5. I entertain the suspicion because of a consideration that most South Africans probably take for granted and non-South Africans are prone to ignore.

Study carefully both sides of the coin. Notice the absence of the words ”SOUTH AFRICA.” The English-language name of the country isn’t present on all of its coins. South Africa has 11 official languages, and the mint rotates their use on coins.

Two minority languages grace Mandela’s 2008 R5. There’s “AFRIKA BORWA” in Sepedi/Sesotho and “SUID-AFRIKA” in Afrikaans. The latter language is the preferred tongue of the majority of South African whites. Although they had feared the end of apartheid, they’ve lauded Mandela’s magnanimity in transcending its legacy. The prominence of their language on his 90th birthday coin is fitting and equally ironic

What is Bitcoin and How Does it Work

Bitcoin explained, what it is, who created it and what it is used for. This information was sourced from Coindesk.

What is Bitcoin

To cut through some of the confusion surrounding bitcoin, we need to separate it into two components. On the one hand, you have bitcoin-the-token, a snippet of code that represents ownership of a digital concept – sort of like a virtual IOU. On the other hand, you have bitcoin-the-protocol, a distributed network that maintains a ledger of balances of bitcoin-the-token. Both are referred to as “bitcoin.

What is Bitcoin

What is Bitcoin

The system enables payments to be sent between users without passing through a central authority, such as a bank or payment gateway. It is created and held electronically. Bitcoins aren’t printed, like dollars or euros – they’re produced by computers all around the world, using free software.

It was the first example of what we today call cryptocurrencies, a growing asset class that shares some characteristics of traditional currencies, with verification based on cryptography.

 

Who created it?

A pseudonymous software developer going by the name of Satoshi Nakamoto proposed bitcoin in 2008, as an electronic payment system based on mathematical proof. The idea was to produce a means of exchange, independent of any central authority, that could be transferred electronically in a secure, verifiable and immutable way.

To this day, no-one knows who Satoshi Nakamoto really is.

 

In what ways is it different from traditional currencies?

Bitcoin can be used to pay for things electronically, if both parties are willing. In that sense, it’s like conventional dollars, euros, or yen, which are also traded digitally.

 

But it differs from fiat digital currencies in several important ways:

 

1 – Decentralization

Bitcoin’s most important characteristic is that it is decentralized. No single institution controls the bitcoin network. It is maintained by a group of volunteer coders, and run by an open network of dedicated computers spread around the world. This attracts individuals and groups that are uncomfortable with the control that banks or government institutions have over their money.

Bitcoin solves the “double spending problem” of electronic currencies (in which digital assets can easily be copied and re-used) through an ingenious combination of cryptography and economic incentives. In electronic fiat currencies, this function is fulfilled by banks, which gives them control over the traditional system. With bitcoin, the integrity of the transactions is maintained by a distributed and open network, owned by no-one.

 

2 – Limited supply

Fiat currencies (dollars, euros, yen, etc.) have an unlimited supply – central banks can issue as many as they want, and can attempt to manipulate a currency’s value relative to others. Holders of the currency (and especially citizens with little alternative) bear the cost.

With bitcoin, on the other hand, the supply is tightly controlled by the underlying algorithm. A small number of new bitcoins trickle out every hour, and will continue to do so at a diminishing rate until a maximum of 21 million has been reached. This makes bitcoin more attractive as an asset – in theory, if demand grows and the supply remains the same, the value will increase.

3 – Pseudonymity

While senders of traditional electronic payments are usually identified (for verification purposes, and to comply with anti-money laundering and other legislation), users of bitcoin in theory operate in semi-anonymity. Since there is no central “validator,” users do not need to identify themselves when sending bitcoin to another user. When a transaction request is submitted, the protocol checks all previous transactions to confirm that the sender has the necessary bitcoin as well as the authority to send them. The system does not need to know his or her identity.

In practice, each user is identified by the address of his or her wallet. Transactions can, with some effort, be tracked this way. Also, law enforcement has developed methods to identify users if necessary.

Furthermore, most exchanges are required by law to perform identity checks on their customers before they are allowed to buy or sell bitcoin, facilitating another way that bitcoin usage can be tracked. Since the network is transparent, the progress of a particular transaction is visible to all.

This makes bitcoin not an ideal currency for criminals, terrorists or money-launderers.

 

4 – Immutability

Bitcoin transactions cannot be reversed, unlike electronic fiat transactions.

This is because there is no central “adjudicator” that can say “ok, return the money.” If a transaction is recorded on the network, and if more than an hour has passed, it is impossible to modify.

While this may disquiet some, it does mean that any transaction on the bitcoin network cannot be tampered with.

 

5 – Divisibility

The smallest unit of a bitcoin is called a satoshi. It is one hundred millionth of a bitcoin (0.00000001) – at today’s prices, about one hundredth of a cent. This could conceivably enable microtransactions that traditional electronic money cannot.

 

6 – Where to buy Bitcoins

How do I sign up?

Sign up for Luno and get ZAR 10.00 worth of Bitcoin when you buy or sell ZAR 500.00 (exchange excluded), using Luno’s Website.

Buy Bitcoins

Sell Bitcoins

 

Mandela Coins Sold For R275 000 In South Africa ,Do You Have One? Sell It Here

Several of the Mandela 90th Birthday proof 70’s have sold for R275 000. The rare 90th birthday Mandela proof and mint state coins are expected to show blistering financial performance in 2014 tax free. The first year after the death of the great Nelson Mandela. These are the rare R5 Mandela coins that are in the greatest demand from the South African and international public.

Image result for Mandela Coins Sold For R275 000 In South Africa ,Do You Have One? Sell It Here

The proof versions of these coins are the most beautiful South African coins ever manufactured, they are breath-taking. The proof versions are also by number of only 5 000 minted with the exception of the finest known rare R5 Mandela coins the most rare Mandela coins of the entire series. We are projecting that proof 70 birthday Mandela coins will sell for R450 000 at the end of the year around R1 million by the end of 2017. The proof 69 birthday Mandela coins are expected to be selling at R65 000 by the end of 2016 and R110 000 at the end of 2017

Take your coins to one of the following areas

1.SA Coin

S A COIN is the largest rare coin company in South Africa. They have been in business for around 25 years. In that time they have developed the market for South African rare coins from a small sized cottage industry market to being valued at over R1.1 billion rand. They took South Africa’s rarest coin the single 9 from a value of R600 000 in 1996 to a value and sale of R4 650 000 through S A COIN in 1998. Today the Single 9 is valued at R50 million rand.

Click Here to see more details at SA Coin.

 

Places to Buy and Sell Bitcoins in South Africa: Open A Free Account

Have you recently heard about Bitcoin? Are you interested in buying and selling Bitcoins?

Well, you should be interested because it looks like Bitcoin is going to be the language of the town in the recent periods.

Image may contain: 2 people

Buy Bitcoins with luno

People are making money trading or investing in Bitcoin.

 

If you are looking for a place to buy and sell Bitcoins, look no more because you have found  the best place.

That place is called Luno

 

What is Luno all about?

Today, Luno is one of the world’s leading digital currency companies with a team of over 60 technology and finance experts, operating across several countries and continents. Their products and services make it safe and easy for people and businesses to store, buy, use and learn about digital currencies like Bitcoin and Ethereum.

Luno’s vision is to empower billions of people by bringing digital currencies like Bitcoin and Ethereum to everyone, everywhere.

 

How do I sign up?

Sign up for Luno and get ZAR 10.00 worth of Bitcoin when you buy or sell ZAR 500.00 (exchange excluded), using Luno’s Website.

WHY DO PEOPLE SELL NOTES?

SELLING A NOTE

(This section is an exerpt from the Note Holder’s Handbook.)

Eliminate Risk

Perhaps the most common reason people seek to sell their notes is to eliminate risk. Throughout this handbook we’ve discussed many of the potential hazards for note holders. These hazards have one thing in common: should something go wrong, note holders risk losing part or all of the remaining balance on their note. Most people don’t understand the risks simply because they were never explained to them. Often people are talked into holding a note by the property purchaser or a realtor looking to close a sale. Usually neither the purchaser nor realtor themselves really understands the risks they are asking the potential note holder to take. This lack of knowledge by all parties is understandable, however, since this is a very specialized area of financing and information regarding the risks has not readily been available in a comprehensive form, until now. At Cascade Funding, Inc. our business is purchasing and holding notes. We’ve gained a thorough understanding of the risks through years of hands-on experience. We’ve seen and experienced very unfortunate situations regarding holding notes as investments and we spend a great deal of time helping note holders, realtors, mortgage brokers, and attorneys understand the risks for themselves and their clients. By following the suggestions in this handbook, many of the risks can be lessened to a degree, but certainly not eliminated. As mentioned previously, you as a note holder have some major responsibilities in protecting your investment. Many people do not wish to assume these responsibilities and therefore, seek to sell their note. If you are risk averse, and don’t wish to assume the responsibilities to lessen the risk, then selling your note may be a good option for you.

Achieve Liquidity

Another very common reason people sell their notes is to achieve liquidity. This means they wish to have access to the large sum of cash they would receive. When you hold a note, you only have the right to receive small monthly payments. You can’t spend the principal balance. Most people wish to have the large sum of cash for three reasons: 1. To take advantage of other investment opportunities; 2. To pay off debts; and, 3. To make specific purchases.

Image result for WHY DO PEOPLE SELL old south african NOTES

Other Investment Opportunities

If you’re receiving small monthly payments, there’s not much you can do with your note should another investment opportunity present itself. Other investments usually require a significant amount of cash outlay. From your real estate note, about the only way this can be accomplished is to sell the note for a lump sum. Sometimes you can borrow against the note, but that’s rare. It also puts you at even greater risk because if your payor stops paying, you have no money coming in to make payments on the loan you received. Anyway, other investment opportunities can be almost anything, even as simple as placing the cash in a bank account or Certificate of Deposit (CD). You should understand that the interest rate on a real estate note is not comparable to that earned on savings accounts or CDs. Real estate notes earn SIMPLE interest; bank accounts and CDs earn COMPOUND interest.

Let’s quickly look at an example that compares carrying a real estate note full term, with a 5% interest rate, to selling that note and placing the lump sum of cash in a CD earning just 3% interest:

Suppose you agreed to carry financing on the sale of your home. The note you and the buyer agree to is for $94,500 at 5.0 % for 30 years with monthly payments of $507.30. This investment could generate a very nice retirement “nest egg,” but only if you are able to save all of the payments when they are received. Unfortunately, most people spend this money as it comes in each month, usually on mundane items like the electric bill, car payments, or the cable TV bill. Sadly, after years of collecting all of those monthly payments, they have nothing to show for their investment.

Assume you sold this note for $80,000 which you then placed in a Certificate of Deposit that earns interest at an average rate of just 3%. Unlike small monthly payments, people are much more inclined to invest a large sum of money than to spend it. Let’s look at both situations now:

1. If you were to collect all your monthly payments, the total cash you would receive after 30 years would be $298,552 as illustrated below:

End of Year    Liquid Cash

1                    $    6,088 ($507.30 x 12 months)

10                      60,876

20                    121,752

30                  $182,628 ($507.30 x 360 months)

2. Now, let’s see what $80,000 invested today at 3% would yield over the same 30-year period:

End of Year   Liquid Cash

1                    $  82,433

10                    107,948

20                    145,660

30                  $196,547

You would earn nearly $13,190 more with the $80,000 invested at just 3% than if you collected all the note payments (at 5%) over the same 30-year period. The reason for this is simple: compound interest. It’s worth repeating: A real estate note earns only simple interest on a declining balance; when you invest this large sum of money you’ll earn compound interest on an increasing balance. That’s interest earned on both the principal and the interest you’re receiving on this large sum of money. Factor in the much greater risk associated with holding a real estate note and the value of investing the $80,000 today becomes even more attractive. When your money is invested in a bank account, you have the ability to use the balance for anything you choose, any time you choose (i.e., you have liquidity).

The bottom line is that selling this $94,500 note for $80,000 (a $14,500 discount) and investing the $80,000 today earns much more over the life of the note than the sum total of all payments to be received, with zero risk, and full ability to use the money should you wish to.

These are real world numbers. Some people just can’t get over the fact that they have to take a $14,500 discount on their note. This is shortsighted thinking and the reason most people do not achieve financial security in their lives. However, once a comparison of this kind is done, most people see the real advantages of selling their future payments. Most people who sell their notes for alternate investments, however, don’t just put their money into the bank. Usually, they do so to take advantage of investments with higher yields. Imagine what the numbers above would look like if you could invest the $80,000 in something that earned 12% (instead of 3%) compound interest!

Pay Off Debts

Another very common reason for selling real estate notes is to pay off debts. Usually, people seek to pay off high interest bearing, revolving charge cards. Others use the money to pay back taxes or capital gains taxes. And still others wish to pay off their car loans to finally own their vehicle free and clear.

Make Specific Purchases

We often hear from note sellers that they wish to have the large sum of cash to buy certain items they otherwise couldn’t get, or would have to go into debt to get. These include vacations, college tuition for their children, cars, boats, a house, start a business, you name it. The sale of their note is often the only way they ever would be able to generate enough cash to make these purchases.

Interest Rates

At the time of this edition (October 2017), interest rates are still at historical lows. This means that the cost of capital for note investors is very low, and this translates to the greatest amount of cash offered for real estate notes ever. When interest rates are at all time lows, the reasonable expectation is that they will not stay at these levels — they will most certainly rise, perhaps significantly, in the near future. This will mean that interest rates on savings accounts, CDs, and so on, will also rise. Recall the example earlier comparing holding a 30-year, 5% note with investing in a 3 % CD. Imagine if interest on CDs climbed to 8%, 9%, or higher. It’s a plausible scenario over the next 30 years. It’s certainly more likely than to expect interest rates to decrease. Now consider the 30-year real estate note. Its simple interest rate of 5% will never change no matter what happens in the economy. Therefore, the very low interest rate environment right now offers many note holders these two compelling reasons to sell their notes: 1. To take advantage of the greatest amount of cash most investors have ever offered, and perhaps ever will offer, when purchasing notes; and, 2. To invest the lump sum of cash in interest sensitive investments to take advantage of the greater probability that interest rates will not remain at their current low levels much longer.

Other Reasons

Many people sell their property and then move out of state. It’s especially difficult to service your note if you’re out of state, not to mention what you’d have to do if your payor stopped paying. Many people just want to be rid of the anxiety of being an out of state lender. Selling their note is the only way for them to get the fair market, present day value for their note and be done with the property altogether.

Notes are frequently created as equity settlements in divorces. The beneficiary of these notes often wants no more to do with their ex-spouse, especially if the divorce was an unpleasant one. Selling these notes often presents the perfect solution in these cases.

See the discussion here for further information.

Old notes: Do you keep them or trash them?

What is a Real Estate Note?

A real estate receivable is a document (or documents) secured by real estate that obligates one individual or company to make payment(s) to another individual or company. These receivables are created when a piece of real estate, such as a house, is sold. The purchaser gives the seller a cash down payment and the balance is paid to the seller in periodic, usually monthly, installments. Therefore, payments are made from the property purchaser (payor) to the property seller (payee).  In these transactions, the property seller is simply deferring to the future a portion of the purchase price not paid at closing.  It is clear then that these transactions are not loans. The entire transaction involves no third party bank or other lender and no money is exchanged for the unpaid purchase price.  Historically this was called seller-financing or owner-financing, but some people now prefer to refer to these transactions as “installment sales” to further distinguish them from loans. The legal documents that accomplish these tasks generally take one of three different forms: Promissory Note & Deed of Trust, Promissory Note & Mortgage, or Real Estate Contract (aka Contract For Deed, Land Sales Contract). The generic term for each of these is a Real Estate Receivable. For convenience, we refer to all real estate receivables as “notes.” The payments a property seller will receive from these notes are an asset and like any other asset can be sold for a lump sum of cash.

Image result for Old south africa notes: Do you keep them or trash them?

Why would I want to sell my future payments?

There are perhaps as many reasons people sell their notes as there are ways to spend money. We always ask note sellers why they wish to sell their note. The most frequent responses we get are: 1. To eliminate the risk and responsibility in holding the note; 2. To achieve liquidity; 3. To take advantage of other investment opportunities; 4. To pay off debts; and, 5. To make specific purchases. Often people never wanted to carry back a note in the first place but had to in order to sell their property. Other situations, such as notes provided as equity settlements in divorce cases, inherited notes, to name just two, often result in the current note holder owning a note they never wanted. Often these people are happy to receive the current value of their note in cash and move on with their lives.

For a more detailed discussion on why people sell their notes, follow this link for an exerpt from the Note Holder’s Handbook.

How long will it take before I have my money?

We have purchased notes in as little as one day; and it has taken over a year to purchase others. On average, it takes two to four weeks. If the sale of your property and the creation of the note was “typical” then you should have your money within two to four weeks.

List of Areas Where You Can Sell Mandela Coins for Extra Cash in South Africa

Several of the Mandela 90th Birthday proof 70’s have sold for R275 000. The rare 90th birthday Mandela proof and mint state coins are expected to show blistering financial performance in 2014 tax free. The first year after the death of the great Nelson Mandela. These are the rare R5 Mandela coins that are in the greatest demand from the South African and international public. The proof versions of these coins are the most beautiful South African coins ever manufactured, they are breath-taking. The proof versions are also by number of only 5 000 minted with the exception of the finest known rare R5 Mandela coins the most rare Mandela coins of the entire series. We are projecting that proof 70 birthday Mandela coins will sell for R450 000 at the end of the year around R1 million by the end of 2017. The proof 69 birthday Mandela coins are expected to be selling at R65 000 by the end of 2016 and R110 000 at the end of 2017.

Related image

 

Take your coins to one of the following areas

1.SA Coin

S A COIN is the largest rare coin company in South Africa. They have been in business for around 25 years. In that time they have developed the market for South African rare coins from a small sized cottage industry market to being valued at over R1.1 billion rand. They took South Africa’s rarest coin the single 9 from a value of R600 000 in 1996 to a value and sale of R4 650 000 through S A COIN in 1998. Today the Single 9 is valued at R50 million rand.

2.TheCoinCompany

Members of The Coin Company are from various backgrounds. All complimenting each other but all with the same purpose, to keep the coin industry alive and thriving. Our sales staff and experienced consultants have received excellent training in the industry and continue to receive on-going training as the market evolves. One of our senior staff members has held top management positions in the coin industry for the past 30 years. This coupled with the Accounting experience of an International Corporate accountant give us a strong accounting and administrative background. We offer a well-balanced, rounded company to benefit our customers in this incredible field of coin investments and rare coins.