Here’s What You Need to Know Before Buying South African Paper Money
You don’t have to have African roots to appreciate old South African money notes. If you are a collector and want to purchase some South African money or rare banknotes, there is a selection available on eBay for your consideration.
What value of South African currency can you buy online?It’s can buy new and old South African money from eBay, and you’ll find that the choices you have are numerous. Also, each old South African banknotes value can vary greatly. Here are a few things to keep in mind as you search for SA money notes to purchase:
- Circulation: Some South African money you can find is either circulated or uncirculated. Uncirculated money is mint condition currency that came directly from the bank and hasn’t been used, folded or otherwise damaged. Circulated currency may be wrinkled, folded, torn or have other issues as it could have passed through multiple hands.
- Paper Quality: There are different grades of paper quality in paper money from South Africa. These include EPQ (Exceptional Paper Quality) and PPQ (Premium Paper Quality). Currency can be graded from the highest 70 EPQ (uncirculated collectible) to the lowest 4 EPQ (circulated noncollectible). Similarly, PPQ goes from 1 to 70. Both designations are similar, just based on criteria from different companies.
- Year: The value of the South African money you buy can depend on the year of circulation as well. You can choose years from as far back as the early 1500s to the present day. When it comes to rare notes, you’ll pay an expensive price in exchange for the high value of old South African money.
Many people purchase paper money in South Africa because of their heritage, to add to their travel scrapbook or as a special keepsake. Depending on your purpose for buying South African money, you can find something to meet your needs. Some unique kinds include:
- Banknote Specimens: You can choose single banknotes if you’re looking for a particular denomination, value or design. You’ll find a wide variety such as cheap South African money for sale or an old 20 rand note value of more than $700.
- Banknote Collections: There are lots of South African money that you can buy. If you love animals, you can purchase a collection that contains currency with pictures of elephants, rhinos, lions, and other wildlife. Some lots have the same design with different denominations and colors.
- Commemorative Banknotes: If you’re a huge fan of former president Nelson Mandela, then you may be interested in some special currency. The Mandela Centenary banknotes commemorate his life and legacy in 2018, which is 100 years since his 1918 birth.
South African money comes from different regions of the county. Some of these regions include Botswana, Zimbabwe, and Zambia.
Content provided for informational purposes only and does not constitute investment advice.