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New 2015 Somali Elephant Silver Bullion Coin

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Pillar of the Community
United States
3789 Posts
 Posted 09/07/2014  10:11 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
it does look close to 2014,, but not the same. I am in tho for one and the colored and gilded one.

Still waiting for a crash in silver, well not a crash but wanting lower to buy a kilo of elephant, I think its gotta look just so magnificent you know?

out of all the world silver bullion, these somalia elephant are the ONLY ones I buy for my collection, I gave up on just about everything else. Way too common for me.
Valued Member
Fusion555's Avatar
United States
269 Posts
 Posted 09/12/2014  2:07 pm  Show Profile   Bookmark this reply Add Fusion555 to your friends list Get a Link to this Reply
APMEX now have the 2015 on sale, not a bad price

http://www.apmex.com/category/28820...gn=Promotion
Pillar of the Community
United States
3789 Posts
 Posted 09/12/2014  7:18 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
@Fusion555

I think their ebay listing might be better, as I think I saw them selling them with free shipping included.



Valued Member
Fusion555's Avatar
United States
269 Posts
 Posted 09/12/2014  10:53 pm  Show Profile   Bookmark this reply Add Fusion555 to your friends list Get a Link to this Reply
Yes it is cheaper, $27.65 with free shipping, cheaper on the site until you add shipping lol

http://www.ebay.com/itm/2015-1-oz-S...em20ec2a67e5
Pillar of the Community
stud722's Avatar
United States
1088 Posts
 Posted 09/12/2014  11:45 pm  Show Profile   Bookmark this reply Add stud722 to your friends list Get a Link to this Reply

Just grabbed a couple for the collection! Hoping they change up the design next year though"
Pillar of the Community
United States
3789 Posts
 Posted 09/13/2014  12:10 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
yea they are.. and I think in the coming weeks they are going to be a whole lot cheaper as silver moves lower.
Pillar of the Community
Solidifier's Avatar
Canada
814 Posts
 Posted 09/13/2014  12:51 pm  Show Profile   Bookmark this reply Add Solidifier to your friends list Get a Link to this Reply
I bought a couple from CA. They have them for $27.23 CAD and you can pay with a credit card with no extra fees and they have free shipping in Canada with orders over $200. Cant beat that!
Valued Member
Canada
68 Posts
 Posted 09/14/2014  1:23 pm  Show Profile   Bookmark this reply Add silverleaf to your friends list Get a Link to this Reply
CA has them listed as out of stock. That didn't take long.
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SilverBug's Avatar
Canada
862 Posts
 Posted 09/14/2014  1:51 pm  Show Profile   Bookmark this reply Add SilverBug to your friends list Get a Link to this Reply
I ordered it from CA 2 days ago, together with kook and sheep, now they are all out of stock
Valued Member
Canada
68 Posts
 Posted 09/14/2014  1:57 pm  Show Profile   Bookmark this reply Add silverleaf to your friends list Get a Link to this Reply
I missed it. Any other Canadian dealers that have them for reasonable shipping?
New Member
Canada
10 Posts
 Posted 09/14/2014  4:42 pm  Show Profile   Bookmark this reply Add SnipeStatus to your friends list Get a Link to this Reply

Quote:
I bought a couple from CA. They have them for $27.23 CAD and you can pay with a credit card with no extra fees and they have free shipping in Canada with orders over $200. Cant beat that!


I've never heard of the Canadian dealer CA, do they have a website?
Pillar of the Community
Solidifier's Avatar
Canada
814 Posts
 Posted 09/14/2014  5:13 pm  Show Profile   Bookmark this reply Add Solidifier to your friends list Get a Link to this Reply
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Anjohl's Avatar
Canada
815 Posts
 Posted 09/18/2014  1:00 pm  Show Profile   Bookmark this reply Add Anjohl to your friends list Get a Link to this Reply
Quite a weak "redesign" for what is essentially an overpriced art round. You will never be able to cash these in, and you wouldn't invest in Somali shillings anyway.
Valued Member
Lunch Money's Avatar
United States
274 Posts
 Posted 09/18/2014  9:28 pm  Show Profile   Bookmark this reply Add Lunch Money to your friends list Get a Link to this Reply

Quote:
You will never be able to cash these in, and you wouldn't invest in Somali shillings anyway.

Does anyone really expect to cash in bullion for their face value, no matter where it's from? (Like spending an ASE for $1.) I think the elephant and all bullion coins may be just glorified art rounds, in a way, but they are still nice looking and the market for them supports the premium.
Pillar of the Community
Anjohl's Avatar
Canada
815 Posts
 Posted 09/18/2014  11:07 pm  Show Profile   Bookmark this reply Add Anjohl to your friends list Get a Link to this Reply
The premium you pay on silver is directly linked to the security of the government backing. Look at the rounds that sell for a premium, Eagles, Maples, and Britannias, all having high face value backing, relatively speaking.

So it has less to do with the actual face value, but the perception of value that this creates.
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