About City Coins
Since January 1967, the year the first Krugerrand was minted, City Coins has traded from Tulbagh Square, founded and still run by the Jaffe family. We understand history and legacy. We understand our business. And we are here to help.
With an extensive network, we buy and sell on behalf of some of the biggest collectors and dealers in the world – bearing testament to our exceptional service and years of experience in the trade.
CAPE TOWN'S MOST ESTABLISHED COIN DEALER
The Family Business You Can Trust
Unparalleled Service
We won’t hesitate to come visit you in your home or even hop on a plane. We are experts in our field, and have helped build some of the world’s most impressive collections. We’re in the best possible position to guide you towards making the right decisions, regardless of whether you are buying to invest or collect, or looking to sell.
Industry Leaders
Over the years, we have maintained our position at the top with the first to publish a book including photo grading imagery, a collectors’ requirements pamphlet for enthusiasts and an auction catalogue, which is now globally considered a work of reference, not to mention a work of art.
INTERNATIONAL REACH
Our dedication, passion and unparalleled service have earned us international recognition, culminating in being the only South African representative of Noonans Mayfair, the prestigious Londonauction house. We have their experts on hand plus their international auction sales platform to leverage for our clients.
Meet our Management
Sharon Jaffe brings to the table almost 30 years of international business experience specialising in sales and marketing. She has grown up in City Coins accompanying her mom Natalie to the shop on Saturday mornings and later on business trips.
Since taking over the business, she teamed up with Doron Duveen, a former client of City Coins and close friend of the family. Together they have formed a formidable team. Dedicated not only to preserving and continuing this special business, but also growing it by exploring new avenues aided by technology and the ever-changing needs of collector’s worldwide.
Doron hails from the restaurant business, with decades of experience and achieved significant success through his hard work, tenacity and resilience. He brings his operational excellence to the table along with his boundless energy and passion for coins! His close ties with the family have ensured that there is a continuation of the trust that City Coins holds dear with its customers.
A LOOK BACK ON 60 YEARS

1967
Allen Jaffe committed to pursue his ever-growing love of numismatics (coins). He was introduced by his father to coins on Cape Town’s Grand Parade market where the family had a trading stall in tools. Allen later leveraged all his savings to buy (and sell) his first coin and the spark was turned into a flame!



1969
Natalie and Allen set up the shop in Tulbagh square, working side by side, and marrying in 1969. She gave birth to her first 2 children, Joseph and Sharon while Allen grew the business . The business grew, and Allen published the first South African Coin collector’s handbook. He later brought out the first of many postal medal auctions

1970
Allen publishes the first coin collectors guide of its kind in South Africa. Later, several editions were printed. This guide was used by the entire South African numismatic community. For the first time, it is now available for download.
1975
Tragedy struck on May 16, 1975 when Allen was killed in a freak powerboating accident while Natalie was 6 months pregnant with her third child. She single handedly took over the shop despite also being hearing-impaired.

1976
Natalie worked tirelessly at growing the business and raising 3 children. She later became President of SANS (South African Numismatic Society) and is attributed to having raised the standard of the entire numismatic industry in South Africa during her lifetime.
2017
City Coins celebrates 50 years coinciding with the 50th anniversary of the Krugerrand!

2020
On the passing of Bill Hibbard, City Coins’ medal specialist, she ventured into the field of medals securing some of the most significant collections.
Natalie took the business international with a partnership with Spink & Son in London and then later with Noonans.

2023
Natalie was devoted to City Coins and achieved her final wish of bringing out a Postal Medal Auction No 72 in November 2022. She passed away only 2 months later. On her passing in January 2023, Natalie’s daughter Sharon took over the reins. Sharon worked closely with her mother during the last few years of her illness in particular. On her passing, she carried on running City Coins, partnering with Doron Duveen (her other ‘brother’) to help continue the Jaffe family legacy.
City Coins held memorial champagne drinks in Natalie’s honour at the November Cape Town Coin Show. Sharon presented the newly created Natalie Jaffe award for best exhibit.

Allen Jaffe committed to pursue his ever-growing love of numismatics (coins). He was introduced by his father to coins on Cape Town’s Grand Parade market where the family had a trading stall in tools. Allen later leveraged all his savings to buy (and sell) his first coin and the spark was turned into a flame!

Allen publishes the first coin collectors guide of its kind in South Africa. Later, several editions were printed. This guide was used by the entire South African numismatic community. For the first time, it is now available for download.
Natalie worked tirelessly at growing the business and raising 3 children. She later became President of SANS (South African Numismatic Society) and is attributed to having raised the standard of the entire numismatic industry in South Africa during her lifetime.
On the passing of Bill Hibbard, City Coins’ medal specialist, she ventured into the field of medals securing some of the most significant collections.
Natalie took the business international with a partnership with Spink & Son in London and then later with Noonans.





Natalie and Allen set up the shop in Tulbagh square, working side by side, and marrying in 1969. She gave birth to her first 2 children, Joseph and Sharon while Allen grew the business. The business grew, and Allen published the first South African Coin collector’s handbook. He later brought out the first of many postal medal auctions


Tragedy struck on May 16, 1975 when Allen was killed in a freak powerboating accident while Natalie was 6 months pregnant with her third child. She single handedly took over the shop despite also being hearing-impaired.
City Coins celebrates 50 years coinciding with the 50th anniversary of the Krugerrand!


Natalie was devoted to City Coins and achieved her final wish of bringing out a Postal Medal Auction No 72 in November 2022. She passed away only 2 months later. On her passing in January 2023, Natalie’s daughter Sharon took over the reins. Sharon worked closely with her mother during the last few years of her illness in particular. On her passing, she carried on running City Coins, partnering with Doron Duveen (her other ‘brother’) to help continue the Jaffe family legacy.
City Coins held memorial champagne drinks in Natalie’s honour at the November Cape Town Coin Show. Sharon presented the newly created Natalie Jaffe award for best exhibit.
FAQs
Please take a look through our FAQs before getting in touch.
Whether normal or commemorative, the circulation R5 coin is worth its face value only, which is R5.
Whether normal or commemorative, the circulation R5 coin is worth its face value only, which is R5.
We work by appointment only. Please contact us via telephone or email to arrange.
This question is asked numerous times a day.
If you are referring to old SA / foreign circulated currency, the following applies.
Provide us with a list of each of your coins via email.
The list should consist of country, year and face value (the value which appears on the face of the coin). Include two photographs (obverse and reverse) of five of your coins. If your collection contains coins of value to us, we will contact you to arrange an appointment.
Since banknotes are made of paper and not precious metal, we very much focus on the condition of the banknote. If it’s been crumbled, torn, used or stuck and is a modern note, then unfortunately it is of no interest to us. Sometimes very used old notes still have a value due to their rarity. If you’re not sure, then get in touch.
Yes we can. Based on a list of your medals and the accompanying documentation (referred to as provenance) we can determine whether these are suitable for our upcoming medal auction or perhaps are more suitably sold on auction with our UK partner, Noonans.
We are often listed in wills to look at estates due to our involvement in building up the collections in the first place. This has established a foundation of trust and we are then most familiar with the items in the collection. However, even if we do not know the collection we can give the required valuation at the time of death.
No we do not, but we do work with esteemed partners in the industry who we recommend. We do on occasion take in jewellery and watches but on a case-by-case basis.
The gold price fluctuates constantly. We fix our buying in and selling prices by 9:30am Monday to Friday.
Request, via email, our selling price. We will provide you, via email, with the price and our banking details. Should you accept our price, proof of payment must be emailed to us by close of business the same day. Once your payment is reflected in our account, we will contact you to arrange an appointment to collect your Krugerrands. You will be required to produce your SA ID / driver’s licence or International passport on collection.
An appointment will need to be arranged. You will need to bring along the Krugerrands, your SA ID / driver’s licence or foreign passport as well as your banking details. We will process an Electronic Funds Transfer (EFT) and provide you with proof thereof, before leaving. Should you require an immediate transfer, let us know before the payment is processed.
There is NO VAT on Gold Krugerrands. According to SARS “gold coins issued by the South African Reserve Bank in accordance with section 14 of the South African Reserve Bank Act 90 of 1989 (or that remain in circulation per provision (1) of that section) will not be regarded as second-hand goods. These coins include Kruger Rands and gold coins in the National Geographic, Natura, Protea and R1 series as well as any other gold coins declared by the Ministry of Finance to be legal tender”
There is VAT on silver Krugerrands. However, silver is still a worthwhile investment, especially where smaller investment amounts are available.
There is no difference in value as the value is determined by the content of the gold. Sometimes, if the coin is in an excellent condition in a box, it makes a nice gift and especially if the date is a birth date.
Discover our Online Store
Visit our online store, where you’ll find a curated collection of coins and pendants. Browse through our quality products, and find your next favourite piece.