A LOOK AT THE NEW MANDELA R5 COIN

VAAL TRIANGLE. - On Friday (19 January) finance minister, Malusi Gigaba, assented to the introduction of a new R5 coin for national circulation.

The coin is aimed at celebrating the life of Nelson Mandela who would have celebrated his hundredth birthday on 18 July 2018.

The coin features the South African coat of arms on the obverse, replacing the Black Wildebeest (or Gnu). On the reverse is a portrait of Mandela alongside a latent image featuring the years 1918 and 2018.

According to the attached documentation, the coin is legal tender as of 1 January 2018, and holds the same value as all other R5 coins.

Photo: Business Tech