FAQ

Should I clean my coins? NO!!, If the coins are collectible or valuable, cleaning will almost always reduce their value, sometimes by as much as 90% and cleaning won’t improve their grading.

How should I handle my coins?

  • The are many types of holders that provide adequate protection for ordinary handling. Before removing a coin from its holder, consider whether it's really necessary.
  • Collectible coins should always be handled carefully to avoid the possibility of causing wear to uncirculated coins or additional wear to better circulated pieces.
  • Never touch an uncirculated or Proof coin anywhere but the edge. Fingerprints alone may reduce the coin's grade and consequently its value.
  • When examining another person's coins, always handle by the edges, regardless of grade. Be sure your hands are squeaky clean. Get in the habit of picking up all collectible coins by their edges, and it will soon become routine.
  • Be careful not to introduce substances that may lead to spots or color changes. Don't handle collectable coins around food, drinks, or anything that can spill.
  • When setting a coin down outside of a holder is necessary, place it on a clean, soft surface. A velvet pad is an ideal surface and essential for regular handling of valuable material. A clean soft cloth or clean piece of blank paper may be sufficient for less valuable items. Do not drag coins across any surfaces.
  • If you will be handling very valuable coins or lots of uncirculated and/or higher grade circulated coins, wearing clean white cotton gloves or surgical gloves and a mask may be advisable.

How should I store my R5 coins?  We recommend using coin capsules which are hard, crystal clear, and consist of two pieces that snap together providing superior long-term protection for your entire coin collection.

What is an uncirculated coin (UNC)? Coins with no wear at all ("contact marks" or "bag marks" are not considered as "wear") are referred to as uncirculated or in mint state (MS) coins. Grades from MS-60 to MS-70 in one point increments are used for mint state coins. Criteria include; luster, the number, size and location of contact marks, the number, size and location of any hairlines, and the quality of the strike as well as overall eye appeal.

What are slabs? A certified coin, or slab, is a coin that has been authenticated, graded and encased in a sonically sealed, hard plastic holder by a professional certification service. The holder affords protection from subsequent wear or damage but is not airtight and therefore will not prevent toning. Because any tampering with the holder will be obvious, it also prevents replacing the certified coin with something else.

What is numismatics? A simple definition of numismatics is; the the collection and study of coins, paper money, tokens and medals, and indeed these are the most widely collected and studied numismatic materials. Other items representing current or past financial assets or liabilities are also included such as stock certificates, checks and notes of financial obligations. These days it is used synonymously for coin collecting.

Numismatic items are collected and studied for many reasons, including their historical significance and artistic merits, as well as their role in commerce. When significant demand exists, they may obtain numismatic value beyond their current monetary value (as with coins and other forms of legal tender).

What are proof coins? Proof coins are struck using a special minting process and are distinguishable from other coins by its highly polished look. The fields or non raised part of the coin have a mirror-like finish and the raised parts have a frosted finish. All details on the coin are sharp. It is important to note that the term ‘proof’ refers to the way a coin was struck and NOT its grade.

What is Gold? Gold is a chemical element with the symbol Au  (from Latin: aurum, “shining dawn” and an atomic number of 79. It has been a highly sought-after precious metal for coinage, jewelry, and other arts since the beginning of recorded history. The metal occurs as nuggets or grains in rocks, in veins and in alluvial deposits. Gold is dense, soft, shiny and the most malleable and ductile pure metal known. Pure gold has a bright yellow color and luster traditionally considered attractive, which it maintains without oxidizing in air or water. Gold has served as a symbol of wealth and a store of value throughout history.

What is “Clad” or "Cladding"? In metallurgy, “Cladding” is the bonding together of two dissimilar metals. It is distinct from welding or gluing as a method to fasten two metals together. Cladding is usually achieved by pressing or rolling sheets together under high pressure. “Bonded” is a subset of cladding using only precious metals (Karat Gold and Sterling Silver). Cladding thickness is usually specified as a percentage of the total thickness, commonly 10%. Thickness of the cladding can be made much heavier and more durable than obtainable by electroplating.

What is Gold Plated? The coating of an article with a layer of gold, usually by electroplating. Electroplate describes jewelry that has a layer of at least .175 microns (7 millionths of an inch) thick of a minimum of 10 Karat gold deposited on a base metal by an electrolytic process.

What is Sterling Silver? Sterling Silver is a term used to describe precious metal jewelry made from an alloy containing a minimum of 92.5% pure silver combined with other metals. Additional usage (generally on surgical steel posts and clutches) includes Gold plated stainless steel or Silver plating to give a richer silver color.

What Makes A Coin Valuable? It is a combination of rarity, grade and collector demand. The Grading of a coin evaluates and assesses the value of the coin by the rarity and physical condition. Greater rarity and better condition means a higher value. Today Proof Coins and Mint state coins are graded using The Sheldon Coin Grading Scale.

Are there risks in investing in coins?  All investments entail risks. Uncertified coins carry a higher risk unless you are an experienced numismatist. While coin collecting is a rewarding hobby and is sometimes financially profitable, anyone purchasing coins with the expectation that they may be a good investment should understand and be prepared for the risks inherent in such investments. Markets for all commodities rise and fall. Precious metal and coin prices can be particularly volatile. This volatility creates both opportunities for sizable returns and no returns. The advantage of grading services has substantially lowered the risk of investing in this industry. It is now easier to have your coin evaluated based on the grade and thus reduces the risk of making a bad decision and losing money. Buying good quality, graded coins is less risky than uncertified coins.

Are there guarantees on Coins? We like any other organisation cannot guarantee a floating investment. A floating investment is one that moves up and down in accordance with the general conditions of the market. Like rare coins, shares, property etc.
We advise all investors in this regard to do research and use common sense.

What are rare coins? Investments in rare coins are made with the expectation that their numismatic value will increase. Technically, "rare" means very few examples are known (no more than 75 to earn that designation on the Sheldon Rarity Scale, but coins with much higher populations are sometimes promoted as "rare coin investments."

Why invest in rare SA coins? Over the last few years demand for South African rare coins has steadily increased. There are several reasons to invest in rare coins. Namely: Supply and demand; historical significance; profit potential; age; rarety; grade; quality;  portability; visual appeal; privacy and tax benefits as they are not subject to capital gains tax or government scrutiny.

How long should I hold onto my rare coins? South African rare coins as with most good investments should be purchased long term (between 5-10 years). Almost all good investments take time to grow.

Why is Coin Grading important? Coin Grading provides authentication of your coin, protection from contaminants as the slab is tamper proof and sonically sealed. the unique identification number allows for easy identification by the coins owner and the grade helps in determining the coins market value.

Do you offer a buy back policy? We do not offer a buy back policy.

Do you buy Mandela coins? We do not purchase coins from the public.


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