When it comes to selecting an investment-grade bullion coin, the Somalia Elephant series is a trusted option for many. The coins are available in silver, gold, and platinum on an annual basis, and the ever-changing obverse design gives the added benefit of something new each year to the coins. Today, the 2016 1/50 oz Somalia Gold Elephant Coin is available online from JM Bullion.
Coin Highlights:
- Ships to you in a protective plastic capsule.
- 13th different African Elephant design in the series.
- Contains 1/50 Troy oz of .9999 pure gold in BU condition.
- Face value of 20 Shillings (Somalia).
- Obverse features the African elephant design.
- Reverse includes the coat of arms for Somalia.
The African Elephant is the world’s largest land mammal today, and actually exists as two distinct subspecies on the African continent. The forest elephant slightly smaller than its bush elephant cousin, and inhabits different regions on the continent. However, while the bush elephant is technically the largest land mammal in the world the forest elephant is no slouch, as it is the third largest land mammal.
Somalia Elephant coins debuted in 2004 as a silver bullion coin, and has increased over time to feature silver proof coins, gold bullion and proof coins, and now a platinum bullion and proof coin as well.
On the reverse of all Somalia Gold Elephant coins you’ll find the image of the coat of arms for Somalia. This image has featured on the reverse since 2004 and includes the heraldic shield of the nation, the nation of issue, the face value, and the year of issue for these particular coins.
The obverse of the 2016 1/50 oz Somalia Gold Elephant coin includes the unique African elephant design used only for 2016. It includes a large bull elephant in the foreground standing in the tall grass at the edge of a winding river. The background features the river winding off into the distance and the sun rising.
Each 2016 1/50 oz Somalia Gold Elephant Coin listed here is in BU condition. Coins in this condition have no signs of wear and tear, though you may notice minor flaws that include breaks in the luster, spotted surfaces, and contact marks from the coining process.
The Bavarian State Mint produces the Somalia Gold Elephant and all its variations each year. One of Germany’s major production facilities, it is owned by the Free State of Bavaria and was founded in Munich in 1158.
Please direct your questions to a JM Bullion associate on the phone at 800-276-6508, or feel free to reach out to us online using our live web chat and email features.