# South African Mint

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Mint

South African Mint Industry Coin production Area served South Africa Key people Honey Mamabolo[1] (Managing Director) Products Coins Owner South African Reserve Bank

The **South African Mint** is responsible for [minting](/source/Mint_(facility)) all coins of the [South African rand](/source/South_African_rand) on behalf of its owner, the [South African Reserve Bank](/source/South_African_Reserve_Bank). Located in [Centurion, Gauteng](/source/Centurion%2C_Gauteng) near South Africa's administrative capital [Pretoria](/source/Pretoria), the mint manufactures coins and [planchets](/source/Planchet) for both domestic and international markets.[2]

## History

Following the discovery of gold in the [South African Republic](/source/South_African_Republic) (causing the 1886 [Witwatersrand Gold Rush](/source/Witwatersrand_Gold_Rush)), the country's President [Paul Kruger](/source/Paul_Kruger) decided to establish a national mint. This was established in 1890 and opened on 6 July 1892 in [Pretoria](/source/Pretoria). After the end of the [Second Boer War](/source/Second_Boer_War) in 1902, the country was annexed into the [British Empire](/source/British_Empire) and became the [Transvaal Colony](/source/Transvaal_Colony), leading to the closure of the mint after the [pound sterling](/source/Pound_sterling) became the legal tender of the new colony. Under the *Mint Act of 1919*, the British established a branch of the [Royal Mint](/source/Royal_Mint) on 1 January 1923, which produced £83,114,575 worth of [sovereigns](/source/Sovereign_(British_coin)) during its lifetime. As South Africa began cutting ties with Britain, the mint closed on 30 June 1941 only to be later reopened as the South African Mint.[3][4]

## Products

Most of the production is of circulation coins and [commemorative coins](/source/Commemorative_coin). Among them are:

- [Coins of the South African rand](/source/Coins_of_the_South_African_rand)

- Bronze plated steel

- Nickel-plated bronze

- [Sterling silver](/source/Sterling_silver) (925Ag), e.g. EWT Medallions / Sterling Silver Crown

- 22 ct Gold

- 24 ct Gold (999.9Au)[5]

- [Zimbabwean Bond Coins](/source/Zimbabwean_Bond_Coins) - 2014, 2016, 2017, and 2018.

- [South Sudanese pound](/source/South_Sudanese_pound) coins denominated in 10, 20 and 50 Piasters, 1 Pound and 2 Pounds - 2015 only.

- [Zambian kwacha](/source/Zambian_kwacha) coins denominated in 5,10,50 Ngwee and 1 Kwacha

## See also

- [Numismatics portal](https://en.wikipedia.org/wiki/Portal:Numismatics)

- [Bullion](/source/Bullion)

- [Bullion coin](/source/Bullion_coin)

- [Economy of South Africa](/source/Economy_of_South_Africa)

- [Gold as an investment](/source/Gold_as_an_investment)

- [Inflation hedge](/source/Inflation_hedge)

- [Platinum as an investment](/source/Platinum_as_an_investment)

- [Silver as an investment](/source/Silver_as_an_investment)

## References

1. **[^](#cite_ref-1)** ["Managing Director, Honey Mamabolo interview with Gugulethu Mfuphi about the Big 5 Series II Lion"](https://www.samint.co.za/managing-director-honey-mamabolo-interview-with-gugulethu-mfuphi-about-the-big-5-series-ii-lion/). *The South African Mint Company*. Retrieved 1 April 2024.

1. **[^](#cite_ref-2)** ["About us"](http://www.samint.co.za/about-us/). *South African Mint*. Retrieved 26 September 2017.

1. **[^](#cite_ref-3)** ["The History of the South African Mint"](https://web.archive.org/web/20191215182755/http://www.southcapecoins.co.za/news/the-history-of-the-south-african-mint/). *southcapecoins.co.za*. 2 December 2014. Archived from [the original](http://www.southcapecoins.co.za/news/the-history-of-the-south-african-mint/) on 15 December 2019. Retrieved 22 July 2017.

1. **[^](#cite_ref-4)** ["A History of the South African Mint"](https://www.providentmetals.com/knowledge-center/collectible-coins/south-african-mint-history.html). *providentmetals.com*. Retrieved 26 September 2017.

1. **[^](#cite_ref-5)** [www.samint.co.za](http://www.samint.co.za/index.php?option=com_content&view=article&id=50&Itemid=25). Collector Coins > Proof Coin Manufacture. Retrieved 2010-12-04.

## External links

- Media related to [Coins of South Africa](https://commons.wikimedia.org/wiki/Category:Coins_of_South_Africa) at Wikimedia Commons

- [official website](http://www.samint.co.za)

Authority control databases International VIAF National United States

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Adapted from the Wikipedia article [South African Mint](https://en.wikipedia.org/wiki/South_African_Mint) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/South_African_Mint?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.