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Showing posts with label South Africa. Show all posts
Showing posts with label South Africa. Show all posts

Friday, July 5, 2013

1962 South African Cent!


This coin is large, but not in charge. It's quite a few times bigger than a U.S. cent which isn't surprising because the U.S. cent was actually worth more than the metal and production costs back in the day. Now, due to inflation, poor spending, and other things, the U.S. cent is worth less than production cost. The South African cent is no longer made because it is worth so little. In fact, it takes about 10 South African cents to make one U.S. Cent. This coin is worth about 1 South African Rand (as of 7/5/13).

Thursday, March 28, 2013

1961 South African Half Cent!


Ah, South Africa. From riches to ruins in only 50 years! They were rich enough to make a half cent in the 60's and now they are so poor that 10 of their cents is equal to one U.S. cent. Then again, they are in much better shape than most other African countries. At least they can still make denominations in fractions of their dollar. This coin was sadly made in the 30 Millions and is worth only $0.05 in this shape.