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APMEX has partnered with PCGS, one of the most trusted names in numismatics, to further enhance the MintDirect® Premier program. This partnership with PCGS allows MintDirect® Premier with PCGS FirstStrike® 2023 Silver Elephants in their sealed packaging to remain eligible for the FirstStrike® designation if submitted to PCGS for grading long after new FirstStrike®-eligible coins are typically off the market.
- Contains 1 oz of .9999 fine Silver.
- Packaged in RF-welded plastic polymer case (2 1/2" x 3 1/4"), protecting the coin's finish, with included authentication card.
- Multiples of 10 are housed in a 10-count APMEX MintDirect® singles storage box (5” x 2 5/8” x 3 1/2”).
- Multiples of 20 are housed in a 20-count APMEX MintDirect® singles storage box (10” x 2 5/8” x 3 1/2”).
- APMEX storage boxes hold MintDirect® or MintDirect® Premier TEP singles and are stackable with other APMEX Mini Monster Boxes and the APMEX Monster Box.
- Must remain in their sealed packaging to be eligible for the FirstStrike® designation.
- Obverse: Displays the Somalian coat of arms and the date along with the face value of 100 shillings.
- Reverse: Features a profile of an elephant's face with the trunk reaching up to a tree branch.
- Minted at the Bavarian State Mint in Germany.
Protect and display your coin in style by adding an attractive presentation box to add to your order.
Add this 2023 Silver Somalian Elephant MintDirect® Premier Single + PCGS FS coin to your cart today!
The first year for the country of Somalia to issue this coin was 2004. Prior to the year 2004, Zambia was the issuing country. The elephant coin is part of the African Wildlife series and has gained popularity every year with investors and collectors alike. The design of the reverse changes every year on this bullion coin. The design always includes the elephant but is depicted in a variety of scenes and also can include multiple elephants in the design. The design changes make year of issue unique. The obverse, since 2004, depicts the coat of arms for Somalia.
Bavarian State Mint
The Bavarian State Mint is the oldest company in Munich at over 850 years old. The mint has a reputation for minting quality circulation coins and collector coins. The mint continues to rely on new methods and technologies, both in production and in the implementation of quality controls to be one of the finest mints.
At the end of end of every year, the Bavarian Mint issues coins that carry the date of the upcoming new year. Accordingly, the dies used to strike coins from the prior year are destroyed and new dies are engraved, prepared and deployed to strike the coins for the new year.
The coin dies wear down over thousands of strikes, causing the details of the engraved die that transfers to the newly struck coin to flatten, diminishing the quality of the finished coin below standards. At this point, the dies are replaced. For each minting press, new dies may be required multiple times each year.
Once the new dies are installed, the strike quality (the detail transferred to the newly struck coin) returns to its maximum. There is no public notice that dies are changed, and each minting press changes dies at different times required by die wear.
Because each new year brings new dies, APMEX has designated these products delivered during the first 30 days of their issuance that go through the MintDirect® process as MintDirect® Premier.
APMEX individually seals each MintDirect® coin to ensure that the authenticity and condition of each coin is protected after they are removed directly from the mint tubes. Each coin is placed in a protective authentication card composed of a non-reactive plastic polymer to protect your coin’s finish.
The sealing process seals the coin within the authentication card, creating a tamper-evident package that will guarantee your investment indefinitely. After the process is completed, the coin in the tamper-evident package is removed from the machine and checked to ensure that the quality of the packaging meets our exacting standards. You now have a finished MintDirect® Premier + PCGS FirstStrike® 2023 1 oz Silver Somalia Elephant single.
By using this process, APMEX can guarantee that the coins you receive are authentic and in the exact condition as they were when they left the mint. The MintDirect® process gives investors confidence in their purchase, knowing that they can buy, hold or sell an authentic coin — guaranteed.
Note: The MintDirect® process does not guarantee protection from spotting or tarnishing that normally occurs in chemically active metals, such as Gold, Silver and Platinum.
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