SA banknotes bearing Mandela's image selling at huge premiums on eBay

South African banknotes with images of the former President Nelson Mandela are reportedly being auctioned on eBay at huge premiums as demand grows for memorabilia of the anti-apartheid icon.

The e-commerce site said that people are showing a huge interest in the notes with more than 20 bids already made on several of the notes being offered for sale, Fin24 reports.

A collection of three notes, a Rand 10, a Rand 20 and a Rand 50, total amounting to Rand 80, is currently being sold for Rand 392, the report added.

According to the report, a Rand 20 note, described as spotless, is being auctioned for Rand 103.