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Somali Elephant 2023 1 troy ounce silver coin

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Somali Elephant 2023 1 troy ounce silver coin

The obverse of the Somali Elephant silver coin features an image of an elephant. Next to it is the text 'African Wildlife - 1 oz AG 999 - Elephant. The reverse of the coin features an image of a Somali coat of arms with the text 'Somalia Republic 100 Shelling 2023'.

The 1troy oz silver Somali Elephant coin is minted by the Bavarian Mint in Germany. Since 2004, the Somali silver coin has been minted here. Every year, this coin gets a new design with the main theme 'African Wildlife'. The 2023 silver coin bears the image of an elephant in Africa. This coin is minted in 1 kilo of silver and consists of 99.9% pure silver. The silver Somali Elephant is legal tender in Somalia and has a face value of 100 Shillings.

Do you want toSelling Silver Coins in the long run? Holland Gold offers a buyback guarantee for all silver coins you buy from us. Didn't you buy the silver coins from us? We also purchase these silver coins. 

Specifications
Fine weight1 Troy Ounce (31.1 Gram)
DimensionsØ 39 mm x 3 mm
Purity / Content999.9/1000 - 99.99% Silver
Year of issue2023
ConditionNew
Country of OriginSomalia
Mint HouseBayerisches Hauptmünzamt (Bavarian Main Mint)
PackagingSoft plastic coin capsule
Safety featuresNo
Legal tenderYes
Face value100 Somali shillings
Tax (VAT)Margin control
Insured shipment possibleYes, at a location of your choice
Pick-up availableYes, in Alkmaar or Rotterdam
Storage possibleYes, in the Netherlands
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Precious Metal Advisor
Precious Metal Advisor

Why buy silver coins at Holland Gold?

Silver also offers protection in times of inflation
Silver also offers protection in times of inflation

People think of silver as the poor man's gold, which is absolutely the wrong way to look at it. Gold has the most monetary character, but silver moves in times when a financial system is under pressure, at least as much as gold. 

Silver is a raw material for industrial applications
Silver is a raw material for industrial applications
The growing shortage of silver offers opportunities. Silver is scarce. Roughly 50% of the demand for silver comes from industry, especially for applications in solar panels and electric cars. Due to the energy transition, this demand is rising rapidly.
Silver is a mainstay in the investment portfolio
Silver is a mainstay in the investment portfolio

Silver is a commodity and monetary metal. Gold and silver have related to each other to some extent over a long history; This is called the gold-silver ratio. Silver has not been this cheap in 25 years compared to gold.

Product price history
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