Gold: $2345.60  Silver: $32.00  Platinum: $1036.00  90% Junk $1 FV: $22.88  Gold/Silver Ratio: 73.30

2023 1 oz Silver Somalia Elephant

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Bullion Dealer Price Each Dealer Premium Link
BOLD Precious Metals
Dealer Rating:
$36.39 $4.39
(13.72% prem)
APMEX
Dealer Rating:
$47.02 $15.02
(46.94% prem)

Melt Value: 2023 1 oz Silver Somalia Elephant

This silver coin contains 1.000 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one 2023 1 oz Silver Somalia Elephant is $32.00 based on today's silver spot price.

Prices Last Updated: May 29, 2024 09:49 am

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2023 1 oz Silver Somalia Elephant

This coins series was originally introduced in 1999 as the Zambia Elephant. In 2004 change to the Somalia Elephant. All issues dating back to 1999 have featured a national coat of arms on the obverse, changing from the Zambian to the Somali coat of arms in 2004. Another core concept for the series is new reverse designs.

The obverse design shows crowned coat of arms. The shield is flanked on each side with a leopard standing tall with spears and leaves underneath. The text inscribed on the obverse side includes: "SOMALI REPUBLIC . 2023 . 100 SHILLINGS."      

The reverse of the coin depicts a giant African bush elephant using it's dexterous trunk to reach up and grab leaves from a tree to eat. The background shows the beauty of the desert savannah with a loan tree providing a shady oasis. Inscriptions read: "AFRICAN WILDLIFE ELEPHANT 1oz  Ag 999.9".

Coin Highlights:

  • Contains 1 troy oz of 99.99% pure silver.
  • Obverse: Features the crowned coat of arms of Somalia with a leopard standing erect on each side.
  • Reverse: Depicts an elephant eating leaves from a tree using it's long, powerful trunk. The African savannah is in the background. Inscriptions are: "AFRICAN WILDLIFE . ELEPHANT . 1oz . Ag 999.9"
  • 100 shillings face value.

 

The Somalia African Wildlife Elephant coin series is produced annually by the Bavarian State Mint on behalf of the government of Somalia. The Bavarian State Mint is more than 850 years old and is located in the city of Munich. It is owned and operated by the German government.

Currently, more than 21% of all newly circulating coins in Germany are produced at this mint. The mint is globally recognized for its excellence in quality, which is certainly represented in the African Wildlife Elephant series.

 



2023 1 oz Silver Somalia Elephant Specifications

Weight 1 oz
Country Somalia
Type Silver Coin
Mint Bavarian State Mint
Year 2023
Classification Modern
Face Value 100 shillings
Purity .9999 fineness


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