President Nelson Mandela retired from his presidency in 1999.
To celebrate his term in office, the Mint designed a coin with his image on it. This coin is significant because the image the Mint finally chose is a smiling Mandela picture, hence the term ‘Smiley’.
This is the first circulation coin in history where the head of state is pictured smiling.
The Mint also went against the norm by placing Mandela’s image on the obverse (front) of the coin where the date and coat of arms are usually situated.