Equality and Inclusiveness are some of the values that Oliver Reginald Tambo embodied during his life as a liberation struggle stalwart. The new circulation coin of a R5 resonates with these values hence the South African Mint, a subsidiary of the South African Reserve Bank (SARB) saw it fit to commemorate his legacy through it during his birth month – October 2017.
The new R5 circulation is available from October, which 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. It’s also a series of collectable coins under the theme: Freedom, Democracy and Culture.
In commemoration the legacy of OR and depicting the roles he played during the stages of his life and political career in securing a free, democratic and culturally dynamic South Africa, SA Mint produced a series of coins consisting of a 1 oz pure-gold R500 proof coin, a 1 oz sterling-silver R50 proof coin, a base-metal R50 non-circulating legal tender coin and a R5 commemorative circulation coin.
OR’s R5 circulation coin will be available from authorised dealers from his 100th birthday on October 27th.