Somalia Elephant 1oz Silver Coin 2018

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Somalia Elephant 1oz Silver Coin 2018 front

Weight: 31.10 g
Purity: 999.9/1000
Country: Somalia
Packing: Single in bag; 20 per Tube
Grading: Mint State; Uncirculated
Stock Status: In Stock
Currently not available
Sell back price: € 23.27
Product Description

The "Somali Elephant 1 oz Silver Coin" from the "African Wildlife" series is bullion coin that is popular with both investors and collectors. The new year, 2018, is now available! The "Somali Elephant" silver coin is an agency issue, i. This means that Somalia, as the country of origin, grants licenses to private coin agencies and in return receives a proportionate license fee.

The 2018 Somali Elephant 1 oz silver coin has exceptional quality and craftsmanship. The coin is minted by Geiger Edelmetalle in Switzerland.

Fine Weight and Fineness

The "Somalia Elephant 1 oz Silver Coin 2018" has a fine weight of 1 oz, equivalent to 31.103 g of fine silver. The coin contains 999.9/1000 pure silver, has a diameter of 39 mm, a thickness of 3 mm and a nominal value of 100 Shilling (SOS = Somalia Shilling).

Appearance

The "African Wildlife" series of bullion coins depicts powerful animals in their natural environment. The designs feature animals, as well as herds and dams with their young. In the background are typically trees, shrubs, mountains and lakes.
The motifs are always surrounded by a borderline. In the outer edge of the coin is the inscription: "AFRICAN WILDLIFE - ELEPHANT - 1 oz Ag 999.9".
The silver coin has a rim and a riffle edge. The corrugated edge not only has the task to support the design, but also to prevent the possible separation of silver. The edge bar is used for stability, stackability and protection of surfaces and motifs.

Scene side

The motif side shows the head of an African elephant with raised trunk and imposing tusks, which protrude into the edge of the coin. In the background is an African steppe with some plants. Two flying birds are depicted above the elephant.
The words "AFRICAN WILDLIFE" are inscribed in the optically offset edge area above ​​the motif. In the lower left and lower right are the words "ELEPHANT" and "1 Oz Ag 999.9".

Back

The value side of the "Somalia Elephant" shows the official coat of arms of Somalia since 1956. There are two upright leopards with a five-pointed star on the left and right.
Below the shield are two crossed palm fronds and spears with a curved banner. The coin image is completed by a dotted line.
The coat of arms is framed on the left and right of the numbers "20" and “18", which together make up the year "2018". The country "SOMALI REPUBLIC" is mentioned in the upper margin of the motif page.
In the lower margin the nominal value "100 SHILLINGS" is shown.

Story

The Somali elephant coins have their name due to the depicted animal motifs of the African elephant. The animals, which weigh up to 7.5 tons, differ in their shape and size from their Asian / Indian relatives. Elephants are the largest living land mammals. They are considered very clever, family-bound and strong. Due to the hunt for their very valuable tusks, elephants are threatened with extinction.
The first silver coin issued by Somalia was the "The African Monkey". The series was issued between 1998 and 2004 and featured annually changing monkey motifs.
In 1999, the "African Wildlife" silver coin series was published under the name "Zambia Elephant" and were issued until 2003 with annually changing elephant motif.
The Somalia Elephant Silver coin was introduced in 2004 under the series "African Wildlife" with an annually changing elephant motif. Both the "Zambia Elephant" and the "Somalia Elephant" are called agency issue. The coins are produced under license from the country of origin at embossing sites, which were previously commissioned by mostly private coin agencies. The coins were first minted by the Bavarian Main Mint and have been produced since 2015 by Geiger Edelmetalle in Switzerland. The Central Bank of Somalia is the license for this.

Details

Country: Somalia

Mint: Geiger Edelmetalle AG

Fineness: 999.9/1000

Fine weight: 1 oz

Diameter: 38.7mm

Denomination: 100 Somalia shillings