Loading...

PICS: First look at Mandela Centenary coins and notes

Jun 13 2018 15:24
Lameez Omarjee

The South African Reserve Bank (SARB) has released the designs of its commemorative banknotes and coins for Nelson Mandela’s birth centenary, ahead of the launch on July 13.

The central bank on Wednesday issued a statement indicating that test packs of the commemorative notes were made available to the cash industry to make preparations for cash processing, cash dispensing machines and ticket machines, among other things.

Although the designs have been treated with confidentiality, there were breaches, and some of the designs have been circulating on social media, the SARB said.

"In order to avoid confusion and unnecessary speculation, the SARB has decided to release all the designs ahead of the official launch scheduled for 13 July 2018," the bank said.

More details about the features of the notes and additional security features will be made available at the official launch, the bank added.

Earlier this year the SARB announced plans to honour Mandela with commemorative banknotes covering all denominations; R10, R20, R50, R100 and R200.

The SA Mint, a subsidiary of the Reserve Bank, will also launch a commemorative R5 coin.

The commemorative banknotes and R5 coin will co-circulate for a limited time.

"It is envisaged that these notes will be issued into circulation by 18 July 2018," the SARB said. The commemorative banknotes and R5 coin will co-circulate for a limited time, with the current Mandela banknote series and the existing R5 coin.

Take a look at the bank notes and coin below:

Mandela Commemorative R5 Coin

Mandela Commemorative R10 banknote

Mandela Commemorative R20 banknote

Mandela Commemorative R50 banknote

Mandela Commemorative R100 banknote

Mandela Commemorative R200 banknote

* Sign up to Fin24's top news in your inbox: SUBSCRIBE TO FIN24 NEWSLETTER

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

centenary celebrations  |  rand  |  mandela
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Are you prepared for the latest round of Eskom’s load shedding??

Previous results · Suggest a vote

Loading...