Somalian elephants

[Stats]

How close has anyone got to a complete date run of 1 oz coins? 

[Cointreau]

I have five years. So nowhere near a complete date run.

[Agpanda]

I have 2009-2015, so still have a expensive way to go

[Danny-boy]

I remember a while back, ChrisSilver and myself deliberating buying a full date run.

Can't remember how much but it was around £700 from memory.

[morezone]

Are we talking Gold ones?  Or posted in wrong section?

Far from complete but I have:

Silver 2009-2015

Gold 2014-2016

 

Going back further is more than I'm prepared to pay.

[Agpanda]

mine are just silver, didnt saw it was posted in gold

[sovereignsteve]

I can add the 2008 to the recent run, 08-15 inc both versions of the 10 reverse and a couple of the more recent privy versions

silver!

I did see a listing on ebay earlier this year for 5 I think of the earlier ones at approx £50 per coin, I was tempted. I think if I saw the same now I would buy.

[ArthGoch]

15 hours ago, Stats said:

How close has anyone got to a complete date run of 1 oz coins? 

A German dealer/contact that it would appear that a number of board members have used, ( Dios111) has been a good source of back-dates for all of the German minted coins.

Just checked my database and he provided me with one of the 2004-2014 Somalia Elephant Jubilee Sets for just under £640. Albeit this was purchased Nov/13 but it did enable you to get hold of some of the rarer coins and thus avoid the hunt around and subsequent price creep. 

If you are interested in completing a date run the owner, Friedhelm, is an approachable person and will do his best to help.

http://dios111-preciouscoins.com/

He has also been a good  information source on the various mint's policies, not least giving a heads-up on the slow release of the Elephants/Rwanda Wildlife coins into the market. He also gave me the priceless steer of not to remove the RW coins from the foils regardless of  some of the horror tales circulating a few years back that the plastic would turn all your coins green 

 

[Stats]

I did mean gold, but both would be nice!

 

[morezone]

I believe the gold started in 2009 buy you don't see previous years for sale very often.

A 2011 came up for sale recently for over £1000 (either €1400 or possibly €1600).

[ChrisSilver]

@Danny-boy That was the silver elephants. (I have since decided not to collect the silver ones any further due to the milk spots - but that is for another section)

The gold elephants look amazing, I haven't started collecting these yet and not sure if I will in the future, all depends on funds. I also don't know if I will like the diameter, as I prefer the diameter of the Gold Kangaroo and Panda coins which are currently my personal gold coins of choice. 

Although the premium is higher on the elephants compared to other gold coins, past years seem very hard to find so I believe they have a  very good chance of gaining extra premium over the years. They are also extremely beautiful coins in my opinion. Just look at some YouTube videos..

 

 

[morezone]

The larger diameter is a little annoying for people like me who like to have everything uniformly stored.  But then, so are maples at 30mm, Libertads at 34mm and RAM Lunars at 35mm.  Not forgetting the bizarre 2013 Brit at 39mm.

 

The premium on current years are a little higher than Lunar 2 (typically £15-£20) but the secondary market price in years to come more than makes up for it.

 

Going forward I will continue to collect but it's very doubtful I will find/afford previous years.

 

Scan of the current silver flyer but just imagine they are gold  

[sovereignsteve]

so did the series start in 2004? I thought it was earlier. Hope so, only 4 to get then

[morezone]

The Elephant started in 2004.  Before that it was the Monkey which was 1998-2004.

[morezone]

The gold bullion coin from Africa: The Elephant Somalia

Due to the popularity of the available since 2004 "African Wildlife" -Silbermünzen decided the Hamburg-based company "Emporia Mercator" - the pauses the Lizenrecht at the Somali Agenturaugabe in gold and silver, to issue the bullion coins as a gold coin. As Prägestätte stands out the "Bavarian State Mint" responsible. Since 2010, the coin of gold appears with annually changing design.

Like all investment gold coins are exempt from VAT, the African-Wildlife-gold coins in Germany.

Where does the name come from?

The term "African Wildlife" suggests thematic scenes of African fauna, but forms - like the silver issues - exclusively elephant motifs from. Therefore, the series is also called a "Somalia (Gold) Elephant" or "African Wildlife Elephant".

Somalia Gold Elephant Dimensions and weights

The Agency issues German coinage since 2010 are in the execution PP (proof) and brilliant uncirculated and available in the denominations 1 oz and 1 kg, 5 oz, 1/25 oz and 1/50 oz available.

 

Looks like the gold actually started in 2010.  

[Cornishfarmer]

https://www.coininvest.com/en/gold-coins/african-wildlife/somalia-elephant-african-wildlife-1000-shilling-1-10-oz-gold-2016/

looks interesting, anyone have info on or is it a mistake

[morezone]

25 minutes ago, Cornishfarmer said:

https://www.coininvest.com/en/gold-coins/african-wildlife/somalia-elephant-african-wildlife-1000-shilling-1-10-oz-gold-2016/

looks interesting, anyone have info on or is it a mistake

At least 2 other sites have it listed so looks like a 1/10th range is coming.

[Stats]

I've spoken to dios, he can't source back dated gold coins. Any other contacts that may be able to source backdated coins would be great

[morezone]

6 minutes ago, Stats said:

I've spoken to dios, he can't source back dated gold coins. Any other contacts that may be able to source backdated coins would be great

Finding the gold ones will be very very hard.

2010 here from APMEX

[Cointreau]

I would definitely buy more than one them 1/10 oz ellies. I would get five at least.

£81 each at current rates.

[Stu]

@Cointreau

http://www.silber-werte.de/en/100-Sh-Elephant-1/10-oz-Au-2016

[morezone]

Currently CoinInvest works out the cheapest at €116.14 / pcs with shipping at €15.95 for 4-10 pcs.

Silber-Werte is €115.50 but shipping starts at €30.

 

[HelpingHands]

20mm diameter will be good. 

I don't have any of the tiny 1/50ths but those caps don't look good on you tube vids.

[morezone]

20mm is a really good size.  Really looking forward to getting one.  If they become collectible like the 1oz, they'll gain good premiums in the after market.

[ChrisSilver]

On 6 December 2015 at 00:02, morezone said:

20mm is a really good size.  Really looking forward to getting one.  If they become collectible like the 1oz, they'll gain good premiums in the after market.

Yep, I totally agree. Can't wait to get mine too. I reluctantly decided not to collect the 1oz elephant due to it's diameter, even though it is an amazingly beautiful coin. So I am very excited to see that they are releasing the 1/10ths with a 20mm diameter. Also means that there aren't any hard years to backfill as the 2016 is the first.

I only purchased one, but I feel these could be a great investment for those wishing to purchase multiples and sell a few years down the line.