Buy 2016 1 oz Silver Somalian Elephant Coins - Silver.com
Gold: $1777.83 1.85
Silver: $22.56 0.08
0

2016 1 oz Silver Somalian Elephant Coins (BU)

IRA Eligible!
IN STOCK: In Our Vaults & Ready to Ship

Volume Pricing Current Spot Price: $22.56


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Card / Paypal
1+
$64.05
$64.72
$66.72
Sell to Us Price: Call Us

Call us at 1-866-898-4805 or email us at buybacks@silver.com to receive custom bid pricing for this item. Note that buybacks are subject to $1,000 minimums as well as possible maximums depending on inventory positions, and require verbal confirmation via phone.

Any quantity available for $41.49 per oz over spot!

The Somalian Elephant coin program is one of a number of increasingly popular sovereign coin programs in the precious metals marketplace today. Available in gold and silver and struck by Germany’s Bavarian State Mint, these coins are praised by investors and collectors alike. Each coin features .999 fine silver and features a new design set on an annual basis. Right now, Silver.com offers the 2016 1 oz Silver Somalian Elephant Coin for purchase.

Coin Highlights:

  • Single coins ship in individual plastic flips, quantities of 20 ship in mint tubes, and quantities of 500 ship in mint monster boxes.
  • Consists of one ounce of .999 fine silver.
  • Issued a face value of 100 Shillings (Somalia).
  • Features an all-new 2016 design.

Silver Somalian Elephant coins are part of the African Wildlife Series from the Bavarian State Mint. The elephant originally appeared on the African Wildlife Series coin issued for the nation of Zambia in 1999, but was switched to Somalia starting in 2004. Through the history of the silver coin program, the Somalian Elephant has had a tightly controlled mintage.

Through the first five years of production, Silver Somalian Elephant coins were limited to a mintage of just 5,000 coins. Following the global financial crisis of 2008, the popularity of precious metals drove the Bavarian State Mint to begin striking the coins to meet demand. Mintage jumped immediately in 2009 to an astonishing 130,000 coins from the previous level of 5,000.

On the obverse side of the 2016 1 oz Silver Somalian Elephant coin is the latest image of Africa’s largest land mammal. Each year the mint releases a new design featuring the African Elephant in its natural environment. Engravings of “African Wildlife,” “Elephant,” and the coin’s weight, metal content, and purity accompany the images on this side.

The reverse of all coins in the series features the coat of arms for the Republic of Somalia. The nation’s emblem is surrounded by engravings of “Somali Republic,” the year of minting, and the face value of the coin.

Germany’s Bavarian State Mint was founded in 1158, and is operated as a state-owned entity of the Free State of Bavaria. Each year the mint produces Somalian Elephant coins in silver and gold, with proof and bullion versions available.

If you have any questions, don’t hesitate to reach out to Silver.com. Our associates are available at 888-989-7223, online through our live web chat, and via email. If you are interested in similar products, be sure to check out our full selection of Somalian Silver Coins.

Additional information

Weight 1.00000 oz

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Brand: Bavarian Mint

Weight: 1 oz

Year: 2016

Condition: Brilliant Uncirculated

Thickness: 3mm

Diameter: 39mm

Purity: .999

Mint: Bavarian State Mint

Lowest Price: $64.05

Frequently Asked Questions

How much does shipping cost?

Our shipping costs are very simple and can be seen in the tiers below. There are absolutely no additional charges for handling or upcharging for P.O. Boxes of Alaska/Hawaii/APO addresses. What you see below is what you pay, and all orders include full insurance against in-transit loss, theft, or damage.

  • $0-$198 Orders: $7.99 Flat Rate (Base Shipping)
  • $199+ Orders: FREE Shipping (Base Shipping)

Exact shipping method depends upon your products and delivery address and will be shown on the checkout page (before you finalize your order). Also note, all orders totaling $1000+ will require a signature upon delivery.

When will I receive my order?

Orders typically ship within 1-2 business days of cleared payment. Payment clearing timeframes for all payment methods are listed below:

  • Credit/Debit Cards: Instant
  • PayPal: Instant
  • Paper Check: 3-5 Business Days Upon Receipt
  • Bank Wire: Instant
  • eCheck (ACH): 3-5 Business Days Upon Receipt
  • Ethereum: Instant Upon Receipt
  • Ripple: Instant Upon Receipt

If your order ships Base Shipping with Tracking (Our Choice - USPS or UPS), it typically will be received within 2-4 business days, depending on your delivery address. Unfortunately, we cannot gurantee delivery

How will my order be packaged?

All customer orders are packaged under high-definition cameras with great care and accuracy to ensure the correct products arrive in pristine condition. All packaging is extremely generic, and our labels on the outside of the box give no indication as to the valuables within. Please note, larger orders may require multiple parcels.

From where will my order ship?

The vast majority (99+%) of customer orders ship from our primary vault in Las Vegas, Nevada.

What if my order is lost or stolen in transit?

All Orders are fully insured by Silver.com from the time of carrier pickup to the time of finaly delivery, defined as a signature or delivery confirmation from the carrier. If your order is lost, damaged or stolen in transit, please reach out to us immediately so we can work with the carrier to recover your package or, failing that, begin the claims process.

What payment methods do you accept?

  • Credit/Debit Card - Min: $0, Max $5,000
  • PayPal - Min: $0, Max: 10,000
  • Paper Check - Min: $0, Max: $50,000
  • Bank Wire - Min: $2,500, Max: $250,000
  • eCheck(ACH) - Min: $0, Max: $25,000
  • BitCoin - Min: $0, Max: $150,000
  • Ethereum - Min: $0, Max: $150,000
  • Ripple - Min: $0, Max: $150,000

Is my information secure?

We take data security very seriously. When you place an order with silver.com, your information is transmitted with the utmost SSL (secure socket layers) 256-bit protection. We also never have access to your credit/debit card details, as they are securely communicated directly to the payment processor (Authorize.net) and never retained by Silver.com. For this reason, we also don't process credit/debit card orders over the phone, as it is the least secure way to process those transactions.

In addition, all VISA and MasterCard orders undergo an additional step of user authentication - the respective Verified by VISA or MasterCard SecureCode programs. Upon completing checkout with a VISA or MasterCard credit/debit card, you may be promoted for additional details to confirm your identity and protect our customers against credit card fraud.

Finally, the data we do retain in our system, including but not limited to name, address, phone number, and order history, is never shared with or sold to any unrelated third-parties. Please review our Privacy Policy for full details on our data security measures.

How can I contact you?

Please feel welcome to call us toll free at 1(888) 989-7223 or use our Live Chat feature during normal business hours Monday through Friday, 08:00 a.m. to 06:00 p.m. CST. Alternatively, you can email us at help@silver.com and expect a response within 1 business day.

Please note, the Silver.com website accepts orders 24/7/365, so you can always lock in live product prices and make purchases outside of business hours.

Do you charge sales tax?

We are required to collect sales tax in certain states. You can review your states sales tax policy here: https://www.silver.com/taxes. You should always consult with a tax adviser for specific advice in your area.

Where does your spot price come from?

We use a live, up-to-the-second spot price feed supplied by Xignite.com, a worldwide leader in the data supply market.

Are your products actually in stock?

Yes. We are one of the few bullion dealers in the industry who only deems products "in stock" when we have them on-hand and ready to ship immediately. In the instance of a presale item, we denote that the product is on presale and the estimated shipping date. While we make the best efforts to hit presale dates, the dates are only estimates, given we cannot control mint production issues and/or carrier dealyes.

Why are multiple prices listed?

We offer a 4% discount to "cash" paying customers - with paper check, bank wire, and bitcoin payments being defined as cash. On many products, we are also able to offer volume discounts to customers purchasing large quantities of the same item. All volume pricing is laid out in the chart on the product's description page, as well as in the cart.

When do I lock in my price?

All prices are locked in at the time of purchase. Credit/debit card, PayPal, BitCoin, Ethereum, and Ripple orders are paid at the time of checkout, while paper check and bank wire orders require a credit/debit card on file to lock in your pricing while we await your payment. Please note, paper check and bank wire orders will NOT result in a charge to your card - we simple maintain the card on file while we await full payment by your selected payment method.

Do you ship internationally?

We currently only ship to addresses in the United States, including APOs.

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