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Securily packaged
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Buy back guarantee
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Tradable world wide
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Customer rating: 9.7
This 1 troy ounce silver Somali Elephant coin comes from the well-known African Wildlife series. The coin has a weight of 31,1 grams fine silver (99,99%) and is minted by the Bavarian State Mint. The obverse of the coin depicts one of Africa’s most fascinating animals: the elephant.
Specifications
Physical properties
|
Net weight
The net weight is determined by multiplying the gross weight with with the purity. |
1 troy ounce |
| Purity and metal type | 99,99% | Silver |
| Condition |
New
These bars are newly cast and come in the original packaging. |
Origin
| Country of origin | Germany |
| Mint | Bavarian State Mint |
| Year of issue | 2023 |
Price properties
| Metal worth | € 56,24 |
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Premium
The premium is determined by substracting the metal worth and possible taxes from the sales price. |
€ 13,96 |
| Selling price | € 70,20 |
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Price per gram
The price per gram is determined by dividing the sales price by the net weight. |
€ 2,26 |
| Investment score | B-label |
| VAT-rate | Margin taxation |
Other specifications
| Buyback guarantee applicable | Yes - 109% |
| Pick up possible | Yes |
| Storage possible | Yes |
| Availability | Currently not in stock |
Information
Silver African Wildlife Somalia Elephant coin 2023
This 1 troy ounce (31,1 grams) fine silver (99,99%) Somali Elephant coin comes from the well-known African Wildlife series and is minted by the Bavarian State Mint. The obverse of the coin depicts the heaviest land animal on earth: the elephant.
African elephants are the largest and heaviest land animals on earth. Every year the design of the African Wildlife series is adjusted. However, they always depict an elephant in its natural habitat on the coin. In 2018, Somalia introduced a second edition of the series: the leopard.
The coins are minted by the Bavarian State Mint in Germany (München). They represent a nominal value of 100 shillings in Somalia.
Design of the silver African Wildlife Somali Elephant
Obverse
The obverse of the coin depicts an elephant with an African landscape in the background. The elephant is feeding itself with the branches of the tree while the sun is shining. All around are the inscriptions AFRICNA WILDLIFE – the name of the series, ELEPHANT – the edition and 1oz Ag 999.9 – the weight and purity of the silver coin.
Reverse
The reverse of the coin shows the coat of arms of Somalia. All around are the inscriptions SOMALI REPUBLIC – the country of issue, 2023 – the year of issue and 100 SHILLINGS – the face value and nominal value in the country of issue, Somalia.
Featured
- 1 troy ounce (31,1 grams) fine silver (99,99%)
- From the African Wildlife series
- Face value of 100 Shillings
Price chart
Investment score
A B-rating indicates products that are still widely recognized and tradable worldwide, often issued by reputable mints or refiners. However, the price per gram or spread is generally slightly higher compared to A-rated products. While still suitable for investment purposes, they are not the most cost-efficient option available.
Label informationProducts with an A-rating are among the most commonly traded and liquid options available. These coins and bars offer a strong balance between a competitive price per gram and a low spread, making them well-suited for investors who want to acquire physical gold or silver efficiently. Due to their global recognition, they are typically easy to buy and sell.
Een B-label staat voor producten die wereldwijd goed verhandelbaar zijn en afkomstig zijn van erkende munthuizen of raffinaderijen. De prijs per gram of de spread ligt echter doorgaans iets hoger dan bij A-label producten. Daarmee zijn ze nog steeds geschikt als belegging, maar minder optimaal voor wie puur kijkt naar kostenefficiëntie.
Products with a C-rating are primarily valued for their collectible characteristics. This may include limited editions, unique designs, or historical significance. As a result, their price is often less closely tied to the underlying metal value. These products are typically chosen by collectors rather than investors focused on efficiency.