New OR Tambo R5 coins enter circulation

New OR Tambo R5 coins enter circulation

In commemorating the birth centenary of Oliver Reginald Tambo, the South African Mint, a subsidiary of the South African Reserve Bank (SARB), is producing a R5 coin for circulation and a series of collectible coins under the theme “Freedom, Democracy and Culture”.

This will be part of the series of four new commemorative coins honouring the late struggle stalwart, launched on August 4.

Three of the coins are collectible coins.

The new R5 circulation coin bears the “Order of the Companions of OR Tambo”, which was instituted in 2002 to honour international heads of state and eminent people for their friendship with South Africa.

The R5 coin entered circulation at the beginning of October but the collectible coins will only be available from the South African Mint and authorised dealers from October 27, Tambo’s 100th birthday.

The R5 acknowledges the leader’s contribution to the struggle for equality and inclusiveness.

The back of the coin features a neck badge and walking stick.

The front depicts the national coat of arms, year of issue and South Africa written in English and xiTsonga.

The SARB encourages the public not to hold on to the circulation coins, when they receive them as change, as commemorative coins are made to be appreciated by everyone.

From here