New R2 coin, crown on the way

THE South African Reserve Bank has launched a commemorative R2 circulation coin and a limited edition R2 crown-sized sterling silver coin.

The launch of the commemorative coin is in celebration of the Union Buildings’ centenary. The R2 circulation coin will be introduced from early next year and will be available throughout the country.

On the front of the coin is the South African coat of arms and the year of issue‚ with “South Africa” written in Xhosa and Afrikaans. The back of the coin shows an image of the Union Buildings. The coins will be minted by the South African Mint‚ a subsidiary of the Reserve Bank.

“Over the years various themes celebrating South Africa have been featured on the sterling silver crown‚ which is a popular collectors’ coin‚” the bank’s head of communications‚ Hlengani Mathebula‚ said.

The SA Mint will issue the sterling silver R2 crown as a single coin with a limited edition of 1000, as well as in part of a collectors’ set containing the crown‚ the circulation coin and 20 commemorative postage stamps‚ Mathebula said.

“These sets will be limited to 700. Both will be available at the South African Mint and Coin World.” – BDlive

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