User:Eddie73/Nelson Mandela Coins

Nelson Mandela Coins

Rare coins are a very good way to diversify your investment portfolio. To qualify as a rare coin it must be: A Currency coin (money) Must be rare Must be of historical significance Must be graded on an international quality standard by a 3rd party company like NGC or PCGS in the USA. The reasons for using rare coins as an investment are as follows: Returns are very high on the Proof graded coins like the Mandela coin and the Inauguration coin. Coin investments are medium term investments (5years). No Capital Gains Tax or other taxes are payable on resale of rare coins. No Estate duties are payable. All the coins have been graded in the USA on an international quality standard. The coins are portable and marketable world wide. Coins are bought and sold on a mandate basis. Coins are priced in US $ for Rand hedging. Coins can be upgraded by trading in lower graded coins. The Mandela R5 proof coin of the year 2000 was the first "new" coin that qualified as a rare coin. These coins, graded proof ultra cameo by NGC or PCGS in the USA, are excellent investments. The proof Ultra Cameo sold for R100 000 3 years ago and a second one sold for R200 000 on the open market 2 years ago. The latest of 6 Ultra Cameo coins sold for R1 Million recently. An Inauguration coin in PF-70 grading sold for R750 000 recently. These coins were initially offered for sale by SA COIN in July 2005 and immediately started showing exceptional growth. The 2008 MANDELA BIRTHDAY coins in mint state grading are now available. The MS-65 coins are available at R1 500 each, the MS-66 coins at R1 950 each and the MS-67coins are now selling at R5 500 each. Only 6 of the birthday coins were found so far in MS-68, and all 6 coins have been sold at R100 000 each and are now priced at R150 000 each.