2024 Somalia Elephant 1 oz Gold Coin
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Compare 2024 Somalia Elephant 1 oz Gold Coin Prices
| Bullion Dealer | Price Each | Dealer Premium | Link | |
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APMEX
Dealer Rating: Free Shipping @ $199 |
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$2,810.29 |
$142.97
(5.36% prem) |
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Melt Value: 2024 Somalia Elephant 1 oz Gold Coin
Contains 1 troy ounces of bullion. Based on the metal content and weight, the intrinsic melt value of one 2024 Somalia Elephant 1 oz Gold Coin is $2667.32 based on today's gold spot price.
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The Somalia Elephant 1 oz gold coin has a loyal following among both investors and collectors due to the combination of the high purity and annually changing design featuring giant elephants.
The reverse of the 2024 mintage year shows two elephants engaged in play, one jumping toward the other with its trunk in the air. The background field shows a scene in the plains of Africa. The obverse side of the coin features the Somali Coat of Arms along with the denomination and year of issue.
Coin Highlights:
- Minted with one troy oz of .9999 fine gold.
- Obverse: Displays the Coat of Arms of Somalia, along the year-date and face value.
- Reverse: Two elephants engaged in play, one jumping toward the other with its trunk in the air.
- Minted by the Bavarian State Mint in Germany.
The Somalia Elephant 1 oz gold coin is part of the African Wildlife Series and is the handiwork of the Bavarian State Mint. A state-owned mint in Germany that has been in operation since the 12th century, making it one of the oldest mints in the world. Its long history has allowed it to play a significant role in the numismatic development of Germany.
Today, the Bavarian State Mint issues various bullion products, including bars and investment and commemorative coins.Â
The 1 oz coin is the standard and most common size. However, this series also includes coins in various other weights, such as 1/50 oz, 1/25 oz, 1/10 oz, 1/2 oz. While this coin is considered legal tender in Somalia, its primary value and appeal come from its gold content and collectible design rather than its face value.
| Weight | 1 oz |
| Country | Somalia |
| Type | Gold Coin |
| Mint | Bavarian State Mint |
| Year | 2024 |
| Purity | .9999 fineness |
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