In cases where a client is acting on behalf of another person, the identity of the other person will be verified and the client’s authority to conclude the transaction on behalf of the other person will be established. Bank statements: an original bank statement, not older than three months, or a bank statement not older than three months obtained over the counter and stamped by the issuing branch.telephone account, rates and taxes account, levy account and retail accounts). If the seller is unable to provide proof of residential address, an affidavit may be considered instead. An affidavit should be in the form of a sworn statement from a commissioner of oaths, such as the South African Police Service, attesting to the correctness of the information given under oath. Proof of address not older than three months (e.g.a birth certificate for a minor not yet in possession of an identity document.a valid temporary identity document issued by the Department of Home Affairs or.A valid green barcoded identity book or smart identity card. If the person is, for a reason acceptable to the SARB, unable to produce either of these, the SARB may accept the following:.Authorised coin dealers or coin collectors are more likely to pay a premium for collectable coins.ĭocuments required for gold coin transactions However, the SARB will only pay for the gold content of each coin and no premium is paid for the scarcity or collectability of the coin.
The SARB buys Krugerrands, and Protea and Natura series gold coins from the public. Which gold coins are bought back by the SARB? More information and contact details are provided on this SARB webpage. The purchasing of legal tender gold coins from the public is offered on Wednesdays, between 09:00 and 12:00 strictly on an appointment basis only. What is the procedure for selling gold coins to the SARB? The prevailing market gold price and dollar exchange rate are used to calculate the price offered for gold coin(s) on the day of selling. What price can I expect the SARB to pay for my Krugerrands or other acceptable gold coins? A list of accredited authorised gold coin dealers is available on the South African Mint website. Gold coins, including Krugerrands, can be purchased from the South African Mint or authorised coin dealer. The SARB does not sell coins to the public. Where can I buy Krugerrands / can I purchase gold coins from the SARB? Clients can consider using the parking offered by the State Theatre and Sammy Marks Square, as both are in close proximity to the SARB.
The SARB does not have parking available for the public.
However, proof coins can be sold to an authorised coin dealer or coin collector who might be willing to pay a premium for the coins based on their scarcity and condition.ĭoes the SARB provide parking for clients who wish to sell back their gold coins? The SARB only pays for the gold content of the coins offered. Authorised coin dealers or coin collectors are more likely to pay a premium for collectable coins.ĭoes the SARB pay a premium for proof coins? It should be noted that no premium is paid for the scarcity or collectability of any coin(s) offered for purchase by the SARB. The prevailing market gold price and dollar exchange rate are used to calculate the price offered for the coin(s) on the day of selling.
The SARB will only pay for the gold content of any Krugerrand, and Protea or Natura series gold coins offered. What price can you give me for my 1979 1 oz Krugerrand? However, the gold Mandela coins that form part of the Natura series of gold coins are bought by the SARB at the prevailing gold price. The value of the Mandela R5 circulation coin remains R5. How much can I get for the Mandela R5 coin?