2016 Somalia 1/10 oz Gold African Elephant BU

2016 Somalia 1/10 oz Gold African Elephant BU

Fractional Gold Elephants are a great way to enhance your investment portfolio a little bit at a time. This coin is part of the ongoing African Wildlife series and has a face value of 100 Shillings.

Coin Highlights:

  • Contains 1/10 oz of .9999 fine Gold.
  • Multiples of 20 are packaged in tubes. All other coins will be in protective plastic.
  • Obverse: The Somalian Coat of Arms and the date adorn the obverse of this coin along with the face value of 100 shillings.
  • Reverse: Features a majestic elephant tromping through the savannah.
  • Minted at the Bavarian State Mint in Germany.

Protect and display your Gold coin in style by adding an attractive plastic capsule 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 2016 1/10 oz Gold Somalian Elephant to your cart today!

The 1 oz Gold 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 .9999 fine Gold was first minted in 1999 under the authorization of Zambia. Beginning in 2004, the series has featured Somalia as the country of issue. The Gold Elephant is available in a wide variety of sizes including 1/2 gram, 1/50 oz, 1/25 oz, 1/10 oz and 1 oz.

As one of the only bullion coins in the world to change designs annually, the Gold Elephant coin series is sought after by both investors and collectors for its beauty and high Gold content. The reverse of the Gold 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.

Gold 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 Gold 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 Gold 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 2016 Somalia 1/10 oz Gold African Elephant BU
2016 Somalia 1/10 oz Gold African Elephant BU
5.0 Overall

(based on 4 reviews)

Reviewed by 4 customers

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Displaying reviews 1 - 10 Back to top

Great Buy

By  John

from California

5.0

I ordered the U.S eagle, krugerrand, kangaroo, and elephant all in 1/10 ounce coins. I must say this is by far the best looking and quite a bit bigger too. The American eagle, although I buy the most of these, is the ugliest and hardest to see the designs. Buy these!!!

Pros

  • Attractive Design
  • Easy to Sell

Plain and Simple a "Winner"

By  Atomic Tymes

from Heartland, USA

5.0

The silver version of the African Elephant series has always been hanging around the spotlight of coins, but never thrust into it. Not like the Perth mint coins. However, a gold coin does not suffer from spotting, milk spots or toning different colors. All negatives that have held the silver version back, but despite this the coin has a strong following. A 1/10 oz gold version of the African Elephant series is brilliant. Most people can afford to buy a gold 1/10 oz. Although it's small, you can still look at the coin and enjoy it. Unlike the real small versions of the coin. This is really the coin you should buy right now in my opinion. If the 1/10 oz coin is produced next year then this year's coin will become a must have and far more expensive....

Pros

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

Beautiful Coin....great for all investors

By  HK_Mert

from Charlotte NC

5.0

This is a beautiful coin and it would be a great addition to anybody's coin collection. I would bet that this coin is only going appreciate over time... The Bavarian Mint has done a fine job with this coin. I will be getting a few more of these.

Pros

  • Attractive Design
  • Mint Condition
  • Recognized Brand

Wow what a nice coin. Came sealed in plastic. Great condition

By  DP

from Long Island, NY

5.0

Wow what a nice coin. Came sealed in plastic. Great condition. I had to put into airtime.

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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We provide all of our customers with a refund, return and / or exchange on everything we sell including all bullion and certified coins. If for any reason, you have a problem, please feel free to call us. We will always do our best to accommodate you.

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