Known today as the Somalian Silver Elephant coin, the African Elephant Series of silver bullion coins originated in 1999 as the Zambian Silver Elephant. Issued for the landlocked south African nation from 1999 to 2003, there was a significant change in the design of the Zambian Silver Elephant coins in 2002. Today, JM Bullion offers the 2002 1 oz Zambian Silver Elephant Coin for purchase.
- Arrives in a protective plastic capsule.
- 4th release in the Zambian Silver Elephant Series.
- Contains 1 Troy oz of .999 pure silver.
- Face value of 5,000 Kwacha is fully backed by the Bank of Zambia.
- Obverse of the coin features the African Elephant design.
- Reverse side of the coin bears the image of Queen Elizabeth II.
- Struck by the Bavarian State Mint of Germany.
African Elephant Series coins are increasingly popular today, but the Bavarian State Mint launched the program with a much smaller footprint in 1999. Originally issued for Zambia, the coins featured only a 1 oz silver bullion coin at the time. The modern series, issued for Somalia, contains the 1 oz silver bullion coin, proof versions, and bullion and proof gold versions as well.
In 2002, the Bavarian State Mint overhauled the imagery used on the reverse of the 2002 1 oz Zambian Silver Elephant coin. After using the Zambian coat of arms from 1999 to 2001, the mint switched to the use of the right-profile portrait of Queen Elizabeth II of England.
On the obverse of the coin you’ll find the newest African elephant design. This new design includes the image of two adult African elephants. Emerging from the left of the design, the larger adult rests its trunk atop the forehead and top of the head on a smaller adult elephant visible on the right.
The reverse of the 2002 1 oz Zambian Silver Elephant coin you’ll find the image of Queen Elizabeth II. Her Majesty’s right-profile portrait was created in 1998 by Ian Rank-Broadley, and appears for the first time on the Zambian Silver Elephant in this year of issue.
Bavarian State Mint was first opened more than 800 years ago, and is today owned by the state government of the Free State of Bavaria. The facility also serves as one of the primary production facilities in Germany.
If you have questions, we encourage you to reach out to a JM Bullion customer service associate. You can connect with us online using our live web chat, send us an email, and call us on the phone at 800-276-6508.