Additional coins showing the rest of the so-called Big Five animals -- lion, rhinoceros, leopard and buffalo -- will be minted at six-month intervals. Such is the case with the 2016 1 oz Platinum Somalian Elephant Coin, available today on Silver.com in proof condition. Learn more about this series and the introduction of the Platinum Elephant below! Despite these facts, the coins remain intensely popular due in large part to the beautiful reverse designs which change with each passing year. Beginning in 2004, the coin series was shifted by the Bavarian State Mint to the Republic of Somalia. The 2016 introduction of the Somalia Platinum Elephant coin saw the bullion collection gain a 1 oz option in platinum. Over 2,000 coins featuring an elephant sold out to U.S. and Asian investors after being minted in March, according to Prestige Bullion. The design includes the national shield with a five-pointed star supported on either side by a leopard. Johannesburg-based Mining Weekly first reported on the story. As the world leader in the production of Precious metals, South Africa provides a plethora of platinum to the global market. Show. 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. First-ever Platinum Somalian Elephant Coin! Somalia Gold Elephant Coins Background and History. This coin is the first bullion coin series manufactured exclusively from Platinum mined in South Africa. The Elephant series of bullion coins is issued by Somalia, but these coins are actually struck by the Bavarian State Mint. Today, the Somalia Elephant Series focuses heavily on the 1 oz coin in all three metallic options. Spot platinum has rebounded to about $841 an ounce, after dropping to $591.20 on March 19. 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 Somalia Platinum Elephant coins have a new design on the reverse face every year just like the silver and gold versions of the coin. If you have any questions about these coins, don’t hesitate to ask. per page. We encourage all Silver.com customers to call us with questions. The Somalian Platinum Elephant was first produced in 2016. The Big Five series will ultimately feature an elephant, lion, rhino, leopard and a buffalo. Investors seeking a haven from the economic turmoil created by the coronavirus pandemic are snapping up platinum coins engraved with African wildlife. Over 2,000 coins featuring an elephant were sold out to US and Asian investors after being minted in March. The series isn’t even produced on the African continent. Minted at the Bavarian State Mint in Germany. Enter your email address and we will send you a link to reset your password. 2020 South Africa 1 oz Platinum Big Five Elephant Coin BU . 10 Item(s) Sort By. South Africa is the world’s largest platinum producer. The Somalian Platinum Elephant is the latest addition to this beautiful collection of coins. When two of these coins are placed next to each other, a complete close-up image of the face of an elephant is seen. Big 5 Elephant Platinum Proof coin 1oz Pt 999.5. Arrives in a display box. 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. Included in this 2017 Platinum Somalian Elephant Set youâll find a total of four 2017-issue platinum coins. Over 2,000 coins featuring an elephant sold out to U.S. and Asian investors after being minted in March, according to Prestige Bullion. Missing BloombergQuint's WhatsApp service? In any given year, the Somalia Elephant Series coins share the same design across silver, gold, and platinum. Spot platinum has rebounded to about $841 an ounce, after dropping to $591.20 on March 19. Mass: 31.107g Diameter: 32.69mm Metal Content: Pt 999.5 Limited Edition: 500 Multiples of 10 are packaged in tubes. 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. The Somalia Platinum Elephant bullion coin is only available in 1 oz, but there are fractional ounces available in proof. (Bloomberg) -- Investors seeking a haven from the economic turmoil created by the coronavirus pandemic are snapping up platinum coins engraved with African wildlife. Over 2,000 coins featuring an elephant sold out to U.S. and Asian investors after being minted in March, according to Prestige Bullion. Until 2016, the Somalian Elephant coin was only available in silver and gold. Investors seeking a haven from the economic turmoil created by the coronavirus pandemic are snapping up platinum coins engraved with African wildlife. 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. All Rights Reserved. Engravings around the design rocker include “African Wildlife” along the top and “Elephant – 1 oz PLATINUM.”. Make sure to purchase one of these groundbreaking 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! More will be produced once South Africa’s virus lockdown is lifted, said Richard Collocott, managing director of the Johannesburg-based company. The South African platinum elephant coin weighs 1 troy ounce and contains .9995 fine platinum. Contains 1 Troy oz of .9995 pure platinum in BU condition. This coin marks the first platinum bullion coins produced solely by the South African Mint. Handle your coins with care by adding these cotton gloves to your order However, those fractional ounce coins are not available for individual sale like the bullion version. 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! Today, the 2020 1 oz South African Big Five Elephant Platinum Coins is available to you online from JM Bullion. Elephant platinum coins sell out in South Africa - MINING.COM 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. This series will include the elephant, lion, rhino, leopard and buffalo. This 1 oz. Platinum is a silverish-white with its name is derived from the Spanish term platino, meaning "little silver". 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. The Somalia Platinum Elephant coins, along with the silver and gold options, are unique in that the coins are not produced in Somalia. The Rhino is the third of the ferocious 5 to be featured in this series. Their first release is the 2020 South Africa 1 oz Platinum Big Five Elephant Coin BU. These 1 oz coins, which contain .9995 pure platinum, celebrate the rich and diverse species which grace the South African Veld! Platinum Coins for Investment Rhinoceroses are easily recognised by their prehistoric features such as armour-like bodies and the horns on their foreheads. 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. JM Bullion customer service is available at 800-276-6508, online using our live chat, and via our email address. Below the shield and leopards, you’ll find two crossed lances and two crossed ferns. Each coin contains 1 oz of .9995 fine Platinum. It's actually made of .9995 fine platinum. Somalian Elephant Gold Coins 2017; South African Mint; Suisse Gold; Sunshine Mint; United States Mint; Valcambi; Various; Company . The coins in the Platinum Elephant range are available from JM Bullion. 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 ⦠Elephant platinum coins sell out in South Africa Additional coins showing the rest of the Big Five will be minted at six-month intervals. Each of the Somalia Platinum Elephant coins contains 1 Troy oz of .9995 pure platinum and bear a face value of 1,000 Shillings. Contains 1 Troy oz of .9995 pure platinum in BU condition. 2020 Somalia Elephant Platinum Coins. Highlights: Arrives with a protective plastic flip, a mint tube of 10 coins, or a mini Monster Box of 250 coins! We apologize. E⦠Since the 1999 introduction of the coin for Zambia, the Bavarian State Mint has handled the coining of the products in this collection. Coin Highlights: Arrives in either a protective plastic flip, a tube of 10 coins, or a mini Monster Box of 250 coins! One of the brightest stars of the precious metals market is the Somalian Elephant Series. Its rich minting history includes the production of coinage for the autonomous Principality of Bavaria and its local princes. 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. These 1 oz coins, which contain .9995 pure platinum, celebrate the rich and diverse species which grace the South African Veld! The coins are issued every 6 months, starting with the Elephant and the Lion in 2019. 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. Kalakaua I (10 ... Coinscatalog.NET is a complete catalog of world coins. Bloomberg | Quint is a multiplatform, Indian business and financial news company. That same year saw the introduction of Proof Somalia Platinum Elephant coins that included both the 1 oz coin and fractional-ounce coins. Join our. The Platinum Elephant is the first Platinum coin in the Big Five Series from The South African Mint. Additionally, this 2020 platinum elephant coin arrives in brilliant uncirculated condition and holds a face value of 20 Rand. The lances are wrapped in a ribbon. All products in this category are out of stock at the moment. “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. Details. The coins ⦠In 2004, the series expanded for the first time to include a Gold Elephant coin alongside the Silver Elephant. In the background field of the coin, you’ll notice dead trees on the savanna and birds taking flight off the remaining branches. Originally, the Zambian/Somalia Elephant Series had strictly limited mintage figures and were only available as the Silver Elephant (1999-present). © Copyright 2021 JM Bullion. The coins were then known as the Zambian Elephant Series and featured new designs on the reverse every year depicting the African elephant species. 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. We combine Bloomberg’s global leadership in business and financial news and data, with Quintillion Media’s deep expertise in the Indian market and digital news delivery, to provide high quality business news, insights and trends for India’s sophisticated audiences. The platinum bullion coins will feature the Big Five in a multiyear range â starting in 2020 and continuing through 2022, showcasing the elephant, lion, rhino, leopard and buffalo. Read more about South Africa platinum coins. Each one comes with a Certificate of Authenticity, and to date, the sets have been strictly limited to just 100 in total. Consists of One Troy ounce of .9995 fine platinum. What started as a silver bullion coin program now includes both gold and platinum coins in weights ranging from half-gram sizes up to 1 kilogram. On the reverse of this platinum 1oz coin also features two halves of the face of an elephant. Over 2,000 coins featuring an ⦠Right now, you can get 2020 South African Big Five Elephant 1 oz Platinum Coins online at Provident Metals. 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. 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. Over 2 000 coins featuring an elephant sold out to U.S. and Asian investors after being minted in March, according to Prestige Bullion. Reverse: Features the majestic Somalian Elephant(s). The obverse of the coins had the legend, or coat of arms, for Zambia from the 1999 introduction of the series until 2003. Platinum (61) Aluminum (7) Palladium (1) Gilt (1) Ruler. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. The 2019 South Africa 1 Oz Platinum Big Five Elephant celebrates the African elephant, the largest land mammals that walk the earth. Image: SA Mint More will be produced once South Africaâs [â¦] Somalian Platinum Elephant. Coin Highlights: Total mintage of these coins limited to just 1,000 for global distribution! Investors seeking a haven from the economic turmoil created by the coronavirus pandemic are snapping up platinum coins engraved with African wildlife. As mentioned above, the Somalia Elephant Series originated as a coin collection with only a 1 oz silver coin available (1999-2003). Obverse: Features a close-up of the elephant with its ears flared and trunk and tusks being the dominant feature. 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. About ; Careers; Contact ; Home; Platinum; Platinum Coins; Platinum Coins. Elephant coin was minted in 2016 and has a proof finish. “The demand remains high and we expect to take orders once production resumes.”. Comes in protective plastic packaging. The initial minting of the new South Africa platinum coin has been an instant success as demand for platinum coins skyrockets worldwide. 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. Other Platinum Coins can also be found inside of Investor Crates Gold, Silver, Platinum and Combination Crates. Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways. Multiples of 250 are packaged in boxes. Showcasing the 2019 SOUTH AFRICAN BIG FIVE ELEPHANT 1 OZ PLATINUM PROOF COIN. On the obverse of the coins is the coat of arms for the Republic of Somalia. Obverse: Displays the Somalian Coat of Arms and the date along with the face value. The engravings on this side include the year of issue split on either side of the coat of arms, with “Somali Republic” on the top rocker and the face value below. In any given year, the Somalia Elephant Series coins share the same design across silver, gold, and 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. As the world leader in the production of Precious metals, South Africa provides a plethora of platinum to the global market. The South African Mint breaks ground with the new Big 5 platinum bullion coin series. 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. This is among the few bullion coins on earth which changes its designs every year. In 2004, when the Bavarian State Mint shifted the program to Somalia it introduced the Gold Elephant coin into the series (2004-present). 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 ⦠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. The Big Five Series is introduced for the first time in 2019. The 2016 and 2017 Proof Somalia Platinum Elephant coin sets include a proof 1 oz coin along with ½ oz, ¼ oz, and 1/10 oz options which are not otherwise available to purchase in fractional weights. Contains 1 oz of .9995 fine Platinum. 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. Founded in 1158, the Bavarian State Mint is the oldest company in operation in the city of Munich. By Felix Njini and ⦠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. This coin has a lower Mintage than the gold and is sensational in platinum ⦠1 st issue of South African Big Five Elephant 1 oz Platinum coins! 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. “The platinum bullion coin has performed strongly with good levels of interest from customers, especially in the U.S. and Asia,” Collocott said. 1 st release of the South African Big Five Platinum coin! 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. SA MINT Big 5 platinum bullion elephant. 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