Somalia Elephant 1oz Silver Coin 2024 margin scheme
The Somalia Elephant coins are minted by Bavarian State Mint (Bayerisches Hauptmünzamt) in Munich, Germany. The mint is one of the oldest and most prestigious in the world, known for its high standards of minting and attention to detail.
The 2024 edition of the Somalia Elephant 1 oz Silver Coin celebrates its 20th release. First issued in 2004, the Somalia Elephant coin is part of the renowned "African Wildlife" series. Each year a new design is featured, consistently depicting one or more African elephants in their natural habitat.
This year’s motif showcases two elephants in the African savannah, seemingly engaged in an imminent battle. A bull elephant is shown charging in the centre, while the targeted elephant is visible on the left edge. The lower third of the image depicts the African steppe, with the afternoon sun positioned in the upper right quadrant. The background of the coin remains mirror-smooth. This edition particularly highlights the exceptional skills of the designers and engravers, with a depiction so detailed and lifelike, it feels as if you are capturing the scene up close with a lens. The inscription encircling the design reads "AFRICAN WILDLIFE", "ELEPHANT" and "1 oz Ag 999.9".
The value side features the Somali national coat of arms with the year of issue split either side. Above is the inscription "SOMALIA REPUBLIC" and below is the face value "100 SHILLINGS". The edge of the coin is adorned with a border of dots.
The Somalia Elephant 1 oz Silver Coin 2024 contains one troy ounce of fine silver with a purity of 999.9/1000 and weighs 31.10 grams. It measures 39.00 mm in diameter. Additionally, the Somalia Elephant 2024 bullion coins are available in gold in weights of 1 oz, ½ oz, ¼ oz and 1/10 oz.
The Somalia Elephant coin is celebrated for its artistic merit, annual design changes and the quality assurance of being produced by a historic mint. This combination of factors makes it a potentially excellent choice for both collectors and investors.
| Metal | Silver |
| Form | Silver Coin |
| Country of Origin | Somalia |
| Manufacturer | Leipziger Edelmetallverarbeitung |
| Series | Somalia Elephant |
| Purity | 999.9/1000 |
| Fineweight | 31.10 gram |
| Gross Weight | 31.10 gram |
| Denomination (oz) | 1 oz |
| Year of issue | 2024 |
| Grade | Brilliant |
| Condition | Uncirculated |
| Face value | 100 Shilling |
| Diameter | 39.00 mm |
| Packaging | Single in Pouch |
| Packaging Unit | 20 per tube |
| Large Packaging 2 | 500 per Box |