SA has a new R2 coin – but can you sell it on for more money? [photo]

The South African Mint, an agency of the South African Reserve Bank, has announced the circulation of a new R2 coin. This currency’s design is the result of a design competition held in 2019. It depicts the “Right to Freedom and Security of the Person” in the Bill of Rights, and the winning image will now be featured on millions of the change-pieces.

The big winner revealed!

The winning design was submitted by a senior graphic designer from Pretoria, Esta Quirk, who chose to focus on the relationships between mothers and daughters, and the resilience of our people. The Mint said in a brief media statement:

“The wait is over! We are happy to announce there is a new R2 circulation coin you will soon be seeing in your change. The final edition in the SA25 Celebrating 25 years of democracy campaign is here.”

What does the new R2 coin look like?

The reverse side of the coin, which has been revised for the anniversary of SA’s democratic emancipation, comes with a set of innovative and creative designs:

  • The ‘reverse’ side depicts a mother and child walking freely in nature, symbolising the right to freedom and security.
  • The daughter is holding a sunflower, which is magical in its ability to move its head toward the sun.
  • According to the agency, this is resonant of the’ resilience, optimism and hopefulness of the young’.
  • On the other side of the R2 coin, we have the national coat of arms, together with the date of issue, ‘2020’, and the words ‘South Africa’ written in English and Sepedi/Sesotho.
Rand 2 R2 Coin
Photo: SA Mint

No, you can’t sell the R2 coin on for more money

However, for those of you looking to make a mint off the… erm… Mint, we’ve got some bad news. The manufacturers behind the new R2 coin revealed that the item will not be worth anything more than its face value. It is not worth more than any of its counterparts, either – so if anyone tries to sell you a ‘limited edition’ R2 piece… tell them where to shove it.

.

Presh JM Reporter

Leave a Reply

Your email address will not be published. Required fields are marked *