Over 2,000 coins featuring an elephant sold out to U.S. and Asian investors after being minted in March, according to Prestige Bullion. Comes in protective plastic packaging. Join our. Today, the 2020 1 oz South African Big Five Elephant Platinum Coins is available to you online from JM Bullion. Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways. The design includes the national shield with a five-pointed star supported on either side by a leopard. The Somalia Platinum Elephant coins, along with the silver and gold options, are unique in that the coins are not produced in Somalia. The lances are wrapped in a ribbon. Handle your coins with care by adding these cotton gloves to your order If you have any questions about these coins, don’t hesitate to ask. 1 st issue of South African Big Five Elephant 1 oz Platinum coins! South Africa is the world’s largest platinum producer. Read more about South Africa platinum coins. Mintage of this platinum proof was extremely limited, there were only 1,000 of these released. Included in this 2017 Platinum Somalian Elephant Set you’ll find a total of four 2017-issue platinum coins. About ; Careers; Contact ; Home; Platinum; Platinum Coins; Platinum Coins. Elephant platinum coins sell out in South Africa Additional coins showing the rest of the Big Five will be minted at six-month intervals. Somalian Platinum Elephant. Each coin contains 1 oz of .9995 fine Platinum. 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. This coin is the first bullion coin series manufactured exclusively from Platinum mined in South Africa. Learn more about this series and the introduction of the Platinum Elephant below! Arrives in a display box. SA MINT Big 5 platinum bullion elephant. In 2004, the series expanded for the first time to include a Gold Elephant coin alongside the Silver Elephant. First-ever Platinum Somalian Elephant Coin! Over 2,000 coins featuring an elephant sold out to U.S. and Asian investors after being minted in March, according to Prestige Bullion. As mentioned above, the Somalia Elephant Series originated as a coin collection with only a 1 oz silver coin available (1999-2003). Multiples of 250 are packaged in boxes. By Felix Njini and … Its rich minting history includes the production of coinage for the autonomous Principality of Bavaria and its local princes. Such is the case with the 2016 1 oz Platinum Somalian Elephant Coin, available today on Silver.com in proof condition. The series isn’t even produced on the African continent. On the obverse of the coins is the coat of arms for the Republic of Somalia. In the background field of the coin, you’ll notice dead trees on the savanna and birds taking flight off the remaining branches. In any given year, the Somalia Elephant Series coins share the same design across silver, gold, and platinum. Engravings around the design rocker include “African Wildlife” along the top and “Elephant – 1 oz PLATINUM.”. Elephant coin was minted in 2016 and has a proof finish. Over 2 000 coins featuring an elephant sold out to U.S. and Asian investors after being minted in March, according to Prestige Bullion. Additional coins showing the rest of the so-called Big Five animals -- lion, rhinoceros, leopard and buffalo -- will be minted at six-month intervals. This is among the few bullion coins on earth which changes its designs every year. 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! We encourage all Silver.com customers to call us with questions. 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. Contains 1 oz of .9995 fine Platinum. Somalian Elephant Silver Coins; Somalian Elephant Gold Coins . Elephant platinum coins sell out in South Africa - MINING.COM Each coin contains .9995 fine platinum, and featured weights include a 1 oz, ½ oz, ¼ oz, and 1/10 oz coin. Platinum is a silverish-white with its name is derived from the Spanish term platino, meaning "little silver". Today, the Somalia Elephant Series focuses heavily on the 1 oz coin in all three metallic options. Investors seeking a haven from the economic turmoil created by the coronavirus pandemic are snapping up platinum coins engraved with African wildlife. Platinum Coins for Investment These 1 oz coins, which contain .9995 pure platinum, celebrate the rich and diverse species which grace the South African Veld! This coin marks the first platinum bullion coins produced solely by the South African Mint. Contains 1 Troy oz of .9995 pure platinum in BU condition. Coin Highlights: Arrives in either a protective plastic flip, a tube of 10 coins, or a mini Monster Box of 250 coins! Consists of One Troy ounce of .9995 fine platinum. The South African Mint released a Big Five coin programme, featuring wildlife that flourish in South Africa. Investors seeking a haven from the economic turmoil created by the coronavirus pandemic are snapping up platinum coins engraved with African wildlife. Missing BloombergQuint's WhatsApp service? 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. In 2016, with platinum prices rising and demand for the metal growing again, the Bavarian State Mint issued the first-ever 2016 Somalia Platinum Elephant coin in bullion and proof options. In the background field of the coin, you’ll notice dead trees on the savanna and birds taking flight off the remaining branches. The Rhino is the third of the ferocious 5 to be featured in this series. JM Bullion customer service is available at 800-276-6508, online using our live chat, and via our email address. 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. The obverse of the coins had the legend, or coat of arms, for Zambia from the 1999 introduction of the series until 2003. Tube: 10 coins. The 2019 South Africa 1 Oz Platinum Big Five Elephant celebrates the African elephant, the largest land mammals that walk the earth. Over 2,000 coins featuring an elephant sold out to U.S. and Asian investors after being minted in March, according to Prestige Bullion. It's actually made of .9995 fine platinum. All products in this category are out of stock at the moment. Reverse: Features the majestic Somalian Elephant(s). Mass: 31.107g Diameter: 32.69mm Metal Content: Pt 999.5 Limited Edition: 500 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. Despite these facts, the coins remain intensely popular due in large part to the beautiful reverse designs which change with each passing year. The coins are issued every 6 months, starting with the Elephant and the Lion in 2019. Show. These 1 oz coins, which contain .9995 pure platinum, celebrate the rich and diverse species which grace the South African Veld! The initial minting of the new South Africa platinum coin has been an instant success as demand for platinum coins skyrockets worldwide. That same year saw the introduction of Proof Somalia Platinum Elephant coins that included both the 1 oz coin and fractional-ounce coins. Their first release is the 2020 South Africa 1 oz Platinum Big Five Elephant Coin BU. 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. Originally, the Zambian/Somalia Elephant Series had strictly limited mintage figures and were only available as the Silver Elephant (1999-present). (Bloomberg) -- Investors seeking a haven from the economic turmoil created by the coronavirus pandemic are snapping up platinum coins engraved with African wildlife. 2020 Somalia Elephant Platinum Coins. This collection of coins is as unique as they come, with an interesting background story, changing designs annually, and perhaps the widest variety of weights and metals you’ll find in any collection. 2020 South Africa 1 oz Platinum Big Five Elephant Coin BU . Johannesburg-based Mining Weekly first reported on the story. Their first release is the 2020 South Africa 1 oz Platinum Big Five Elephant Coin BU.This coin marks the first platinum bullion coins produced solely by … Somalia Gold Elephant Coins started in 2004 when the war-torn African nation from the horn of the East African region took over production of the coin from Zambia. 1 st release of the South African Big Five Platinum coin! Showcasing the 2019 SOUTH AFRICAN BIG FIVE ELEPHANT 1 OZ PLATINUM PROOF COIN. Minted at the Bavarian State Mint in Germany. The Elephant series of bullion coins is issued by Somalia, but these coins are actually struck by the Bavarian State Mint. E… The 2016 introduction of the Somalia Platinum Elephant coin saw the bullion collection gain a 1 oz option in platinum. Enter your email address and we will send you a link to reset your password. Multiples of 10 are packaged in tubes. Somalian Elephant Gold Coins 2017; South African Mint; Suisse Gold; Sunshine Mint; United States Mint; Valcambi; Various; Company . In 2004, when the Bavarian State Mint shifted the program to Somalia it introduced the Gold Elephant coin into the series (2004-present). The South African Mint celebrates Africa’s unique natural heritage by embodying the strength and beauty of the “Big 5” in this new series of platinum. The coins in the Platinum Elephant range are available from JM Bullion. Spot platinum has rebounded to about $841 an ounce, after dropping to $591.20 on March 19. 10 Item(s) Sort By. Platinum (61) Aluminum (7) Palladium (1) Gilt (1) Ruler. 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. As the world leader in the production of Precious metals, South Africa provides a plethora of platinum to the global market. While it shares the same annual designs issued each year with its silver and gold counterparts, the platinum coin in this collection is unique in that it is only available as a 1 oz weighted coin. In the years to come, particularly during the Great Recession (2008-2010), the Bavarian State Mint began to expand the offering of coins in both silver and gold. per page. Since the 1999 introduction of the coin for Zambia, the Bavarian State Mint has handled the coining of the products in this collection. Each of the Somalia Platinum Elephant coins contains 1 Troy oz of .9995 pure platinum and bear a face value of 1,000 Shillings. Below the shield and leopards, you’ll find two crossed lances and two crossed ferns. Contains 1 Troy oz of .9995 pure platinum in BU condition. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. “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. The platinum bullion coins will feature the Big Five in a multiyear range – starting in 2020 and continuing through 2022, showcasing the elephant, lion, rhino, leopard and buffalo. The coins … 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. Rhinoceroses are easily recognised by their prehistoric features such as armour-like bodies and the horns on their foreheads. 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. Bloomberg | Quint is a multiplatform, Indian business and financial news company. As the world leader in the production of Precious metals, South Africa provides a plethora of platinum to the global market. Investors seeking a haven from the economic turmoil created by the coronavirus pandemic are snapping up platinum coins engraved with African wildlife. 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 … Coin Highlights: Total mintage of these coins limited to just 1,000 for global distribution! Kalakaua I (10 ... Coinscatalog.NET is a complete catalog of world coins. South Africa is the world’s largest platinum producer. Make sure to purchase one of these groundbreaking coins … Each one comes with a Certificate of Authenticity, and to date, the sets have been strictly limited to just 100 in total. In any given year, the Somalia Elephant Series coins share the same design across silver, gold, and platinum. “The demand remains high and we expect to take orders once production resumes.”. More will be produced once South Africa’s virus lockdown is lifted, said Richard Collocott, managing director of the Johannesburg-based company. This series will include the elephant, lion, rhino, leopard and buffalo. Today, the Bavarian State Mint is entirely owned and controlled by the state government in the Free State of Bavaria and operates as one of the four major mints for the German nation. .9995 pure platinum in BU condition a silverish-white with its name is derived the! 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