South African Reserve Bank Act: Dimension, design and compilation of 2018 coin series: Nelson Mandela Centenary Celebration

22nd March 2018

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 R50 (1oz, sterling -silver) coin, the R500 (1oz, 24 -carat gold) coin, the R50 (base metal alloy), 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 May 2017; and

b) that the designs of the said coins will be the designs as shown and which are attached to this notice; and

c) that the specifications of the said coins are as follows: