Arguably the most popular coin at the moment from the African continent, the Somalia Silver Elephant is revered by both numismatists and investors. The coin’s increased purity of 99.99% silver and its ever-changing design make it a popular pick among silver enthusiasts everywhere. Today, the 2016 1 oz Proof Somalia Silver Elephant High-Relief coin is available from JM Bullion.
- Mintage limited to just 1,000 coins!
- 13th annual striking of the Somalia Silver Elephant!
- Ships in a presentation box.
- Features a brilliant high-relief finish.
- Contains 1 oz of .9999 pure silver.
- Face value of 100 Shillings (Somalia).
- Struck by the Bavarian State Mint in Germany.
- Bears the latest Somalia Elephant design.
Followers of the Somalia Silver Elephant are accustomed to change when it comes to this popular coin program. Known as the African Wildlife Series, the coins originated from the Bavarian State Mint in 1999 as a coin issued for the nation of Zambia.
However, starting in 2004 the coins were issued for the nation of Somalia. This occurred in spite of the fact that no official status exists for the coin. While the Bavarian State Mint insists it did so with authorization from Somalia officials, the head of Somalia’s central bank says otherwise.
What’s most important in 2016 is the increase in silver purity for the Somalia Silver Elephant. Previous years saw the coin minted with .999 pure silver, while the new 2016 1 oz Proof Somalia Silver Elephant High-Relief coin uses .9999 pure silver.
On the obverse face of the coin is the latest design of the African elephant. It features an adult bull elephant standing at the edge of a river, its head tilted back and its trunk up as it bellows out a call. The sun is visible rising in the background, while engravings around the design identify the coin series, the weight, purity, and metal content of the coin.
The reverse features the coat of arms for Somalia, as well as the year of issue, the name “Somali Republic,” and the coin’s face value in Somali Shillings. Each of these coins is struck in high relief, which creates a greater contrast between the design sets and the background field of the coin. This is achieved by striking the silver blanks under immense pressure.
Please feel free to contact JM Bullion with questions. We’re available at 800-276-6508, online using our live chat, and via email. If you are interested in similar products, be sure to check out our full selection of Somalia Silver Coins.