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Live Spot Prices:

Spot Prices:
Gold Ask 1,331.63 5.32 Open: 1,326 High: 1,334 Low: 1,326
Silver Ask 16.77 0.06 Open: 16.71 High: 16.82 Low: 16.64

2017 1 oz Somalia Gold Elephant Coin (BU)

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Sell to Us Price: $1,346.63

Product Description

As low as $89.99 per oz over spot!

Each year the Bavarian State Mint releases the popular Somalia Elephant series of coins with a new design, along with various options for both investors and collectors to choose from. Among the many popular choices, the 1 oz coins in both gold and silver standout as the longest-running options in the series. Today, the 2017 1 oz Somalia Gold Elephant Coin is available in BU condition from JM Bullion.

Coin Highlights:

  • Ships in a plastic capsule to protect the coin’s condition.
  • 14th design of the Somalia Elephant series.
  • Contains 1 Troy oz of .9999 pure gold.
  • Face value of 1,000 Somali Shillings.
  • Obverse includes a new African elephant design for 2017.
  • Reverse features the coat of arms for Somalia.
  • Brilliant Uncirculated specimen.

The Somalia Elephant series began in 2004 with a 1 oz silver coin. Over time, the Bavarian State Mint has grown the program to include gold versions of the coin with fractional weights, and even more recently, a platinum version.

2017 is a special year for the Somalia Elephant series as whole. It is the first-time ever that fractional-weight silver coins are available, greater-than-1 oz silver coins (other than the 1 Kilo) are available, and the first year of availability for a ¼ oz and ½ oz Somalia Gold Elephant.

Each 2017 1 oz Somalia Gold Elephant listed here today is a Brilliant Uncirculated specimen. Coins in this condition show no signs of wear and tear, though you may notice minor flaws such as breaks in the luster, spotted surfaces, or contact marks from the coining process.

On the obverse of this year’s Somalia Gold Elephant is the image of a large elephant standing amidst knee-high grass on the savanna as it lets out a deep bellow. In the background you’ll find a traditional hut and a small grouping of palm trees.

The reverse of the 2017 1 oz Somalia Gold Elephant continues to feature the image of the national coat of arms. It features a single star against a backdrop of horizontal lines on the heraldic shield, with leopards on either side holding up the shield.

The Bavarian State Mint produces these Somalia Gold Elephant coins annually. Located in Munich, it is one of Germany’s four primary mints and is a state-owned entity of the Free State of Bavaria.

Please don’t hesitate to reach out to JM Bullion with questions. You can call our customer service team at 800-276-6508, or connect with us online using our live chat and email features.

Brand: Bavarian Mint

Year: 2017

Condition: Brilliant Uncirculated

Country: Somalia

Weight: 1 oz

Thickness: 1.9 mm

Diameter: 39 mm

Purity: 99.9% gold

Picture is an example only. Actual item is subject to change, but will always correlate with title and description.

Lowest Price: $1421.62

Condition: New

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