Somalia Elephant coins originated from the Bavarian State Mint in 1999 as a silver coin series issued by Zambia. Today the coins are a popular investment and collectible item, growing in recent years to feature silver and gold options in varying weights, along with an all-new platinum option from 2016 onward. The 2018 1 oz Somalia Gold Elephant Coin is available to you online today for purchase at JMBullion.com.
- Arrives in a protective plastic capsule.
- 15th new design issued for the Somalia Elephant series!
- Contains 1 Troy oz of .9999 pure gold in BU condition.
- Issued a face value of 1,000 Shillings (Somalia).
- Obverse includes the image of an African Elephant reaching high with its trunk.
- Reverse bears the Somali coat of arms design.
The Somalia Elephant Series is part of the African Wildlife coin series. Originally offered by Zambia from 1999 to 2003, the coins were first issued for Somalia in 2004. The program got off to a slow start, with only silver coins available at first and mintage capped at low figures across both precious metals.
In recent years though, the popularity of these Somalia Elephant Coins has skyrocketed. The program has grown to include more weights in both silver and gold, as well as a beautiful Somalia Platinum Elephant option for investors and collectors. The Somalia Gold Elephant is a staple in the series that has been available for more than a decade now.
On the obverse of 2018 1 oz Somalia Gold Elephant Coins you’ll find the latest design in the series. This year’s issue features a massive adult elephant reaching toward the rim of the coin with its trunk, almost as though it might reach off the surface of the coin and grab your attention.
The reverse of all Somalia Gold Elephant Coins features the coat of arms for Somalia. The design includes a crowned shield with a background of horizontal lines set behind a singular star in the center. Leopards hold the shield from either side, and stand upon crossing spears wrapped in a ribbon below.
All 2018 1 oz Somalia Gold Elephant Coins in this listing are in BU condition. Coins in BU condition have no signs of wear and tear present, but there is the potential for minor flaws. These flaws stem from the striking process at the mint and include breaks in the luster, spotted surfaces, and contact marks.
The Bavarian State Mint first opened its doors for silver refining in the 12th century, and has served as a major German mint since that time. Today it is a state-owned entity of the state of Bavaria, and is located in Munich.
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