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SA Mint launches new coins to honour OR Tambo

SA Mint MD Tumi Tsehlo showcases the latest R5 coins to go into circulation to honour struggle stalwart Oliver Reginald Tambo on his birth centenary. Date recorded: 04.10.2017. Camerawork and videoediting: Darlene Creamer.

20th October 2017

By: Natasha Odendaal

Creamer Media Senior Deputy Editor

     

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The South African Mint Company (SA Mint) has unveiled a new R5 general circulation coin, as well as a series of collectable coins, under the theme ‘freedom, democracy and culture’, to commemorate the centenary of the birth of the late struggle stalwart, Oliver Reginald Tambo.

Showcasing the new coins recently at the OR Tambo Cultural Precinct, in Wattville, Gauteng, SA Mint MD Tumi Tsehlo explained that the first of the new R5 coins officially entered into circulation on October 1 as ordinary legal tender, with the collectable coins to be available from the SA Mint and authorised dealers from October 27 – Tambo’s one-hundredth birthday.

Tsehlo told attendees at the launch that the SA Mint aimed to preserve South Africa’s heritage and pride through the coins it minted and that, in the centenary year of Tambo’s birth, it was a “very special and real honour” to be launching a brand-new series of commemorative coins to celebrate his life.

He added that few South Africans embodied a strong nation-building narrative more than Tambo, particularly as the country’s constitution had Tambo’s “fingerprints all over it”.

“OR is truly the father of our Constitution,” he said.

“From the time he was unanimously elected as chairperson of the students committee of his residence at the University of Fort Hare to his death in 1993, Tambo’s life was exemplary in his integrity, his commitment, his activism and extraordinary courage.”

Tsehlo said that it was fitting that the SA Mint honours “this true South African” by producing coins in both a circulation coin and a series of collectable coins created under the theme of ‘freedom, democracy and culture’.

Also speaking at the event, Tambo Foundation chairperson Dr Frene Ginwala noted that the country owed Tambo “a great deal”.

“Yes, he liberated our country, but, most importantly, he pressed upon us, just as I hope now the SA Mint is going to press upon the new coins, the values of democracy, of humanity and the other values that are now in our constitution,” she said.

The new general circulation coins will feature elements of the Order of the Companions of OR Tambo, instituted in 2002 to honour international heads of State and eminent people for their friendship towards South Africa.

The coin depicts the national coat of arms, the year of issue, 2017, and ‘South Africa’, in both English and Xitsonga, while the reverse features a neck badge and walking stick.

The SA Mint also unveiled the three collectable coins – a single-ounce pure-gold R500 proof coin, a single-ounce sterling silver R50 proof coin and a base-metal R50 non-circulating legal tender coin.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

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