Silver Somalian Elephant coins are one of the most unique products in the world today, if not for their changing designs, then for the intriguing backstory behind their production history. Today, Silver Somalian Elephants are a must-have for any collector as the obverse design of these African Wildlife coins changes annually. The 2017 1 oz Silver Somalian Elephant Coin is available on Silver.com today in BU condition.
- Ships in individual plastic flips, mint tubes of 20, or sealed boxes of 500.
- Fourteenth year of issue for Somalian Elephants!
- Consists of One Troy Ounce of .9999 fine silver.
- Issued a face value of 100 Somali Shillings.
- Reverse features the newest African Wildlife Elephant design.
- Obverse includes the coat of arms for Somalia.
- Coins in BU condition.
Somalian Elephant coins began life in 1999 as Zambian Elephant coins from the Bavarian State Mint. After just five years of issue, the coins were switched to Somali issue products, but not without a little interesting backstory in the process.
Bavarian State Mint insists it has a letter on file from a government representative in Somalia backing the issue of these coins, while the country’s central bank head says no such authorization was given. Regardless of its status as legal tender, these coins are a hot commodity among both collectors and investors.
The 2017 Silver Somalian Elephant issue year is an exciting one, with the coins continuing their new life as .9999 fine silver products and expanding for the first time ever to include fractional weights and weights other than just 1 oz and 1 Kilo in silver.
On the reverse of each 2017 1 oz Silver Somalian Elephant Coin you’ll find the image of a lone elephant standing on the savanna, with its trunk raised in the air. In the background you’ll notice a traditional hut and a grouping of palm trees rising toward the sky.
The obverse of all 2017 Silver Somalian Elephant coins includes the coat of arms for the nation, which depicts a single star against a backdrop of horizontal lines on the nation’s heraldic shield. Engravings identify the nation of issue, year of issue, and face value of the coin in Somali Shillings.
Located in Munich, Germany, the Bavarian State Mint is one of four primary minting facilities in the country. It is a state-owned entity of the Free State of Bavaria, and has been in business for nearly one thousand years.
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