2017 Somalia 1 oz Silver Elephant BU

2017 Somalia 1 oz Silver Elephant BU
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As low as $2.29 per coin over spot!
The Somalian Silver Elephant has been popular worldwide since it was first produced in 2004. Struck in .9999 fine Silver, this coin makes a great addition to any portfolio. African elephants are the largest and heaviest land animal on the earth with no known natural predators once they reach adulthood. This majestic animal graces the reverse of each coin with a design that changes yearly making it desirable by both collectors and investors.

Coin Highlights:

  • Contains 1 oz of .9999 fine Silver.
  • Multiples of 20 are packaged in mint tubes. Multiples of 500 are packaged in “Monster Boxes.” All other coins will be in protective plastic.
  • Obverse: Displays the Somalian Coat of Arms and the date along with the face value of 100 shillings.
  • Reverse: Features a majestic elephant with his trunk in the air, walking across the Serengeti. In the background is a native grass hut next to a coconut tree with a glimpse of the sun rising above.
  • Minted at the Bavarian State Mint in Germany.

Protect and display your coin in style by adding an attractive display box recommended for this coin.

Being the largest land animal and one of the most majestic creatures on the planet, this is sure to be a hit with collectors and investors alike. Add this 2017 1 oz Silver Somalian Elephant coin to your cart today!

The 1 oz Silver African Elephant bullion coin is a beautiful testament to the majesty of the world’s largest land mammal. Part of the African Wildlife series, this bullion coin made of .999 fine Silver was first minted in 1999 under the authorization of Zambia. Beginning in 2004, the series has featured Somalia as the country of issue.

As one of the only Silver bullion coins in the world to change designs annually, the Silver Elephant coin series is sought after by both investors and collectors for its beauty and high Silver content. The reverse of the Silver coin always features one or more elephants in their natural habitat. Since 2004, the obverse features the seal of Somalia, showing two leopards supporting a shield and five-point star. Beneath them is a ribbon draped over two crossed lances and two crossed palm fronds. Prior to 2004, the obverse depicted the seal of Zambia.

Silver Elephant coins are minted at the Bavarian State Mint, which is said to be the oldest company in Munich. The mint began producing coins in 1158 under the authorization of Heinrich dem Löwen. Known locally as Das Bayerisches Hauptmünzamt, it is known for its high standards in manufacturing collector coins, seals and medals.

The history of the Silver Elephant bullion coin is both controversial and fascinating. The coin was first minted by the Bavarian State Mint under the legend of Zambia. In 2004, the mint claims to have been given permission to transfer the series’ legend to the Somali Republic. However, some experts have doubts about the mint’s claim to this authorization. Somalia has never recognized Silver Elephant coins as legal tender and the coins have never been distributed by the Central Bank of Somalia. Much of this confusion can be attributed to the political turmoil and unrest occurring within the country. Ongoing civil war has caused upheaval as Somalia works toward building a federal parliamentary republic. These factors are a likely source for the lack of sufficient documentation to support the Bavarian State Mint’s claims of authorization. Despite these issues, some experts believe the ambiguity surrounding Somalia’s approval of the coin only adds to its value.
Customer Reviews of 2017 Somalia 1 oz Silver Elephant BU
2017 Somalia 1 oz Silver Elephant BU
4.8 Overall

(based on 4 reviews)

Reviewed by 4 customers

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Displaying reviews 1 - 10 Back to top

Great coin

By  Collector

from Savannah

5.0

Love these coins. I want to collect them all.

Pros

  • Attractive Design
  • Collectible (lower mintage)
  • Easy to Sell
  • Mint Condition

Attractive design

By  James the bullion

from Seoul, Korea

5.0

Design is attractive

Pros

  • Attractive Design

elephnt coin

By  nana

from waverly

5.0

i like collecting the elephant coins each year is a new design

Pros

  • Value (low premium over spot)
  • Attractive Design
  • Collectible (lower mintage)

2017 Somalia Elephant

By  Jabby

from New York, NY

4.0

The design is different each year and it is a ongoing product. Good for collecting. the design could be more detailed.

Pros

  • Value (low premium over spot)
  • Attractive Design
  • Collectible (lower mintage)
  • Easy to Sell
  • Mint Condition
  • Recognized Brand

Displaying reviews 1 - 10 Back to top

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