South African Reserve Bank Act, 1989 (Act No. 90 of 1989)

Notices

The Dimension of, Design for, and Compilation of the Year 2021 R5 Commemorative Circulation Coin and the R5 Sterling-Silver, Gold Plated Collectors' Coin Celebrating the Centenary of the South African Reserve Bank

Notice No. 677 of 2020
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Notice No. 677

27 November 2020

GG 43941

 

Ministry of Finance

 

By virtue of the powers vested in me by section 19(1)(a) of the South African Reserve Bank Act (Act No. 90 of 1989), I hereby declare—

 

(a) that the R5 commemorative circulation coin as set out in Section (a) of the Second Schedule to the said Act, which will be manufactured, and will be issued by virtue of section 16(1) of the said Act, will be legal tender as from 1 January 2021; and
(b)that the R5 sterling-silver, gold plated collectors' coin, as set out in Section (a) of the Second Schedule to the said Act, which will be manufactured, and will be issued by virtue of section 16(1) of the said Act, will be legal tender as from 1 January 2021; and
(c)that the design of the said coin will be the designs as shown and which are attached to this notice; and
(d)that the specifications of the said coin are as follows:

 

DENOMINATION

METAL CONTENT

DIAMETER *1

MASS*2

R5 (5 RAND)

Bi-metal alloy

26 mm

9.5 g

R5 (5 RAND)

Sterling-silver, gold plated

38.725 mm

33 g
*1 Please note that this specification shows the average diameter of the circulation and the collectors' coin
*2 Please note that this specification shows the average mass of the circulation coin and the minimum mass of the collectors' coin.

 

 

 

Mr TT Mboweni

Minister of Finance