1 troy ounce silver African Wildlife Somalia Elephant coin 2023
1 troy ounce silver African Wildlife Somalia Elephant coin 2023
- Securily packaged
- Certified
- Tradable world wide
- 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 |
Origin
Country of origin | Germany |
Mint | Bavarian State Mint |
Year of issue | 2023 |
Price properties
Selling price | € 36,55 |
Metal worth | € 29,46 |
Price per gram
The price per gram is determined by dividing the sales price by the net weight. |
€ 1,18 |
Premium
The premium is determined by substracting the metal worth from the sales price. |
€ 7,09 |
Investment score | Investment-score: B-label |
VAT-rate | Margin taxation |
Other specifications
Buyback guarantee applicable | Yes - 107% |
Pick up possible | Yes |
Storage possible | Yes |
Availability | 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
This product has a B-label (Common bullion coins and bars). This means that it is a common coin or bar that is easily tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice. Examples of coins with a B-label are coins with a lower mintage.
Label informationInvestment score: An A-label means that this is one of our most common products. When purchasing physical precious metals, we advise looking at both the lowest price per gram and the lowest spread. The spread indicates the difference between the buying and selling price. An A-label signifies that this is a favorable choice when buying gold and silver.
Investment score: A B-label means that this is a common coin or bar, which is widely tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice.
Investment score: A C-label means that this is a less favorable investment choice compared to a product with a higher investment score. Products with a C-label are considered collectibles.