The 2 Rand coin was created to replace the South African Pound as part of the country's move towards decimalisation of its currency. As such, the 2 Rand coin represents 200 South African cents.
While the Rand is still considered legal tender in the Common Monetary Area and Namibia, it has been largely removed from circulation after being replaced by the Krugerrand. Replacing the Rand with the Krugerrand began in 1967 and was finally completed in 2002. To make trade negotiations more flexible, the Rand was minted in both 1 Rand and 2 Rand denomination coins until March of 2002.
The coin weighs in a 7.98 grams and is made of 22 carat gold. The South African 2 Rand coin has the same dimensions as the British Sovereign, being 22.00 millimetres in diameter and 1.83 millimetres in thickness.
The front face of the early (1993 and earlier) 2 Rand coin bears the forward-facing image of Cape Town's founder, Jan van Riebeeck, while the reverse side of the coin is graced with the 1948 South African 5 Shillings Springbok design by Coert Steynberg.
There have been some design changes to the 2 Rand coin over the years, including a redesign of the numerals on the coin and the replacement of Jan van Riebeecks portrait with the image of the South African Coat of Arms on the obverse of the coin in mints from 1994 onwards. During this period, the coins were also minted with 11 different languages.
Gold Traders specialise in world coins such as the 2 Rand, which are an important chapter in the story of widely available gold bullion (which started with its successor the Krugerrand). Our upfront pricing, with no hidden fees, ensures you are kept in the loop throughout your sale and receive a fair offer for your 2 Rand pieces.
Our approach to gold dealing is vetted and approved by Trading Standards and, if you are unsure of where to sell your South African gold, we invite you to read our independent reviews on Trustpilot before making your decision.
Sell A South African 2 Rand Coin With Gold Traders
Once you have decided to sell your 2 Rand coin(s) with Gold Traders, start your sale by completing our online claim form. If you would prefer, our Wiltshire-based doors are open for you and your gold coins. To sell your Two Rand gold in person, please give us a call prior to your arrival to arrange your visit. We look forward to hearing from you.
