The Somalia Platinum Elephant coins, along with the silver and gold options, are unique in that the coins are not produced in Somalia. Below the shield and leopards, you’ll find two crossed lances and two crossed ferns. The premium that coin purchasers typically pay above spot prices has widened as demand surged in March and April amid constrained supplies and market turmoil caused by the pandemic, according to Trevor Raymond, director of research at the World Platinum Investment Council. The design includes the national shield with a five-pointed star supported on either side by a leopard. Obverse: Features a close-up of the elephant with its ears flared and trunk and tusks being the dominant feature. Over 2,000 coins featuring an elephant were sold out to US and Asian investors after being minted in March. Details. Similarly, the Somalia Gold Elephant coin has grown to include a vast array of weights that include 1 Kilogram, 5 Troy oz, 1 Troy oz, ½ oz, ¼ oz, 1/10 oz, 1/25 oz, 1/50 oz, and even half-gram options. Tube: 10 coins. per page. Each coin contains 1 oz of .9995 fine Platinum. Enter your email address and we will send you a link to reset your password. However, silver buyers will find the Somalia Silver Elephant available in weights that include 1 Kilogram, 10 Troy oz, 1 Troy oz, and as of 2017, fractional-ounce coins. JM Bullion customer service is available at 800-276-6508, online using our live chat, and via our email address. The Elephant series of bullion coins is issued by Somalia, but these coins are actually struck by the Bavarian State Mint. Over 2,000 coins featuring an elephant sold out to U.S. and Asian investors after being minted in March, according to Prestige Bullion. Somalian Platinum Elephant. The Somalia Platinum Elephant coins have a new design on the reverse face every year just like the silver and gold versions of the coin. This coin is the first bullion coin series manufactured exclusively from Platinum mined in South Africa. The South African Mint released a Big Five coin programme, featuring wildlife that flourish in South Africa. The Big Five Series is introduced for the first time in 2019. 2020 South Africa 1 oz Platinum Big Five Elephant Coin BU . Over 2,000 coins featuring an ⦠Big 5 Elephant Platinum Proof coin 1oz Pt 999.5. The South African Mint celebrates Africaâs unique natural heritage by embodying the strength and beauty of the âBig 5â in this new series of platinum. Despite these facts, the coins remain intensely popular due in large part to the beautiful reverse designs which change with each passing year. Each one comes with a Certificate of Authenticity, and to date, the sets have been strictly limited to just 100 in total. As the world leader in the production of Precious metals, South Africa provides a plethora of platinum to the global market. South Africa is the world’s largest platinum producer. Obverse: Displays the Somalian Coat of Arms and the date along with the face value. This coin marks the first platinum bullion coins produced solely by the South African Mint. Contains 1 oz of .9995 fine Platinum. “The low platinum price in March was a buying opportunity, but the concerns regarding global risk and the huge negative fiscal impact of the Covid-19 pandemic are likely to continue the demand for precious metals, including platinum,” Raymond said. Learn more about this series and the introduction of the Platinum Elephant below! Spot platinum has rebounded to about $841 an ounce, after dropping to $591.20 on March 19. We encourage all Silver.com customers to call us with questions. However, those fractional ounce coins are not available for individual sale like the bullion version. We apologize. When two of these coins are placed next to each other, a complete close-up image of the face of an elephant is seen. In perhaps one of the more unique twists in modern bullion coinage, there is no evidence to suggest the Bavarian State Mint had the authorization of Zambia to make this switch or support from the Republic of Somalia to back the coins as legal tender. Minted at the Bavarian State Mint in Germany. 1 st issue of South African Big Five Elephant 1 oz Platinum coins! Engravings around the design rocker include “African Wildlife” along the top and “Elephant – 1 oz PLATINUM.”. As mentioned above, the Somalia Elephant Series originated as a coin collection with only a 1 oz silver coin available (1999-2003). These four-coin proof sets arrive in beautiful, black display boxes that feature a lined interior with text that indicates “African Wildlife – Platinum” and the year of issue on the set. The .9995 pure platinum coin features the Somali national crest on the reverse side and an Elephant near a river bank in a sunrise setting. E⦠Platinum is a silverish-white with its name is derived from the Spanish term platino, meaning "little silver". Kalakaua I (10 ... Coinscatalog.NET is a complete catalog of world coins. Issued by the Bavarian State Mint, the Somalia Elephant coins actually originated as a coin issued in the African Wildlife Series for the nation of Zambia. Rhinoceroses are easily recognised by their prehistoric features such as armour-like bodies and the horns on their foreheads. These 1 oz coins, which contain .9995 pure platinum, celebrate the rich and diverse species which grace the South African Veld! One of the brightest stars of the precious metals market is the Somalian Elephant Series. Right now, you can get 2020 South African Big Five Elephant 1 oz Platinum Coins online at Provident Metals. 10 Item(s) Sort By. Elephant platinum coins sell out in South Africa Additional coins showing the rest of the Big Five will be minted at six-month intervals. First-ever Platinum Somalian Elephant Coin! Consists of One Troy ounce of .9995 fine platinum. Additional coins showing the rest of the so-called Big Five animals -- lion, rhinoceros, leopard and buffalo -- will be minted at six-month intervals. All Rights Reserved. 2016 not only brought about improvements in the purity of and expansion in the silver series, it also brought about the introduction of the first-ever Somalia Elephant Platinum bullion coin. Investors seeking a haven from the economic turmoil created by the coronavirus pandemic are snapping up platinum coins engraved with African wildlife. This is among the few bullion coins on earth which changes its designs every year. Coin Highlights: Arrives in either a protective plastic flip, a tube of 10 coins, or a mini Monster Box of 250 coins! Get this 2020 The Big 5 - Elephant 1 ounce Platinum R20 Coin certified by NGC to be a First Release in Mint State 70 condition and encapsulated with a Black Core Holder and South African Mint Flag Label for ⦠Platinum (61) Aluminum (7) Palladium (1) Gilt (1) Ruler. South Africa is the worldâs largest platinum producer. Investors seeking a haven from the economic turmoil created by the coronavirus pandemic are snapping up platinum coins engraved with African wildlife. The Somalian Platinum Elephant is the latest addition to this beautiful collection of coins. By Felix Njini and ⦠The Platinum Elephant is the first Platinum coin in the Big Five Series from The South African Mint. Each coin contains .9995 fine platinum, and featured weights include a 1 oz, ½ oz, ¼ oz, and 1/10 oz coin. Prestige Bullion, jointly owned by the South African Reserve Bank and Rand Refinery, is targeting a 20% share of the 100,000-ounce global market for platinum coins. Rand Refinery Rand Refinery 1 oz 2020 Elephant Platinum Coin The South African Mint has expanded its line of products with the new big five series! Among the wide range of Somalia Elephant coins available from the Bavarian State Mint, the 1 Kilo Silver Coin is the largest in the collection. Image: SA Mint More will be produced once South Africaâs [â¦] Today, the Somalia Elephant Series focuses heavily on the 1 oz coin in all three metallic options. The South African Mint breaks ground with the new Big 5 platinum bullion coin series. Investors seeking a haven from the economic turmoil created by the coronavirus pandemic are snapping up platinum coins engraved with African wildlife. Contains 1 Troy oz of .9995 pure platinum in BU condition. Investors seeking a haven from the economic turmoil created by the coronavirus pandemic are snapping up platinum coins engraved with African wildlife. For example, the latest 2018 design features a massive African elephant with its trunk seemingly reaching off the surface of the coin to the viewer. The 2016 introduction of the Somalia Platinum Elephant coin saw the bullion collection gain a 1 oz option in platinum. This 1 oz. Arrives in a display box. “The platinum bullion coin has performed strongly with good levels of interest from customers, especially in the U.S. and Asia,” Collocott said. Reverse: Features the majestic Somalian Elephant(s). In any given year, the Somalia Elephant Series coins share the same design across silver, gold, and platinum. The 2019 South Africa 1 Oz Platinum Big Five Elephant celebrates the African elephant, the largest land mammals that walk the earth. The South African platinum elephant coin weighs 1 troy ounce and contains .9995 fine platinum. Missing BloombergQuint's WhatsApp service? Multiples of 250 are packaged in boxes. About ; Careers; Contact ; Home; Platinum; Platinum Coins; Platinum Coins. All other coins will be in protective packaging. (Bloomberg) -- Investors seeking a haven from the economic turmoil created by the coronavirus pandemic are snapping up platinum coins engraved with African wildlife. Make sure to purchase one of these groundbreaking coins ⦠The series isn’t even produced on the African continent. Platinum is used in catalytic converters, electronics and jewelry.The first and only case when platinum coins were used as a regular national currency was in Russia.
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