Somalia Elephant

1) Recognition - Name - Country of Origin
The "African Wildlife" series of coins originates from Somalia. First issued in 2004, these coins are made of silver and feature an annually changing motif, predominantly showcasing images of elephants. The series quickly became a classic investment choice within a few years. In 2010, the first "1 oz Elephant 2010" coin made of 999/1000 gold was released, adding to the popularity of the series. The current motif is the "Somalia Elephant 2023." The reverse of the coin displays the coat of arms of the Republic of Somalia, the year of minting, and the inscription "1,000 Shillings." Starting from the "Somalia Elephant 2017" in gold, additional denominations of 0.5 g, 1/4 oz, and 1/2 oz were introduced for purchase.

2) Description of the Coin
The "Somalia Elephant" gold coin, part of the "African Wildlife" series, has been minted since 2010 with an annually changing motif featuring elephants. Both the "Sambia Elephant" and "Somalia Elephant" in silver are considered agency issues. Under this arrangement, the coins are minted under license from the country of origin by authorized mints, often contracted by private coin agencies. In exchange for the license, the country of origin receives a proportional licensing fee.

3) Face Value - Legal Tender - Value
The "Somalia Elephant" gold coins are assigned a face value of 1,000 Somali Shillings (SOS).

4) Other Units - Denominations
The coins are available in various denominations, including 1 kg, 5 oz, 1 oz, 1/2 oz, 1/4 oz, 1/10 oz, 1/25 oz, 1/50 oz, and 0.5 g. The Somalia Elephant Gold coins are struck in proof (PP) and brilliant uncirculated (Stempelglanz) finish since 2010.

5) Besonderheiten - Prägejahre - Geschichte - Auflage
The African Wildlife Gold coins, produced under license, began with a fineness of 999/1000 and later increased to 999.9/1000. The coins are available in various weights and dimensions, and the design features an annually changing motif of elephants in their natural habitat. The value side of the coin displays the coat of arms of the Republic of Somalia and relevant details like the year of minting and face value. The mintage of the standard unit of 1 oz is usually listed as "unlimited" by most sources. Additional denominations, mintages, and proof versions are available for collectors. The coins are produced by B. H. Mayer in Germany and have gained popularity due to their unique motif and investment appeal.