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Somalia Elephant Silver And Gold Coins Anyone?

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Pillar of the Community
United States
3789 Posts
 Posted 12/18/2013  10:21 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
oops lol I put the wrong update in the wrong thread sorry about that lol

The high relief coin is a beauty, I had a 2013 but had to send it back, too many black smudges around the .999 and also around the letters to African Wildlife.

Then, I forgot to get in on the deal that APMEX had on those.

I think with this latest dump in silver and gold prices, you buy some pieces here and there and wait.
Edited by yup7676
12/18/2013 10:26 pm
Valued Member
Canada
68 Posts
 Posted 12/19/2013  05:34 am  Show Profile   Bookmark this reply Add silverleaf to your friends list Get a Link to this Reply
Bummer about the smudges yup. Hoping to see some deals with silver being lower but no significant drops so far.

I wish APMEX had better shipping. $35+ to Canada pretty much negates any deal I might be able to find.

I may try and pick up the high relief in the new year. I loved the 2012 kook high relief.
Pillar of the Community
United States
3789 Posts
 Posted 12/19/2013  10:46 am  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
@silver

yes it was disappointing. I did look quickly last night and APMEX does have these 2013 high reliefs still in stock at a lower price than anyone else( must not been a great seller of a coin).

I am seeing the prices of the gold and silver graded elephants that are bullion drop pretty good, I would think they will continue to drop more. I been just bidding time and waiting before I pick up any 2014 elephants, the only set I bought was the night and day which I pre-ordered it just caught my eye immediately and was so happy with it.
Pillar of the Community
United States
3789 Posts
 Posted 12/24/2013  7:12 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
Interesting that MCM has on ebay still a few 2013 proof fractional elephants that are graded.

I think lower prices in PMs are going to be great going forward for collecting Somalia elephants
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bekiz's Avatar
Japan
666 Posts
 Posted 12/24/2013  7:33 pm  Show Profile   Bookmark this reply Add bekiz to your friends list Get a Link to this Reply
got 2x2001 zambia ones
should turn them to 2007-8 and I'm done with the elephants
Valued Member
Canada
68 Posts
 Posted 12/25/2013  07:03 am  Show Profile   Bookmark this reply Add silverleaf to your friends list Get a Link to this Reply
Nice! I just picked up a 2004 and 2005 completing my Somalia set. Might start on the Zambia ones. What are the going prices and mintages for those?
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bekiz's Avatar
Japan
666 Posts
 Posted 12/25/2013  09:34 am  Show Profile   Bookmark this reply Add bekiz to your friends list Get a Link to this Reply
looks like 5К, the same as with 2004-2008 ones
New Member
2 Posts
 Posted 12/25/2013  10:24 am  Show Profile   Bookmark this reply Add Joe1320 to your friends list Get a Link to this Reply
I have the run from Zambia through Somalia elephants. The Zambia 2003 proof can be found but the proofs before that are rare and have a hefty price if you want them. Most 1999-2003 Zambia's can be found colored but just BU are hard to find. I have used a site in Germany MA-shops but some sellers only use wire transfer and that costs too much, but some take paypal, Skrill and credit cards. It depends on the individual shop in the MA-shops that belong to it.
Valued Member
Canada
68 Posts
 Posted 12/25/2013  5:09 pm  Show Profile   Bookmark this reply Add silverleaf to your friends list Get a Link to this Reply
What would BBB e a decent price for the proof 2003.
Pillar of the Community
United States
3789 Posts
 Posted 12/26/2013  9:16 pm  Show Profile   Bookmark this reply Add yup7676 to your friends list Get a Link to this Reply
Hey did you guys notice that Gainsville coins is now carrying Somalia elephant coins?

They even carry the 2014s at the best price, lower than even ebay... and when I say 2014s I am talking the gilded elephant ones!

If you havent done so, go get some now thats a great price,.

Valued Member
Canada
68 Posts
 Posted 12/27/2013  06:24 am  Show Profile   Bookmark this reply Add silverleaf to your friends list Get a Link to this Reply
That is a good price. Shipping to Canada is probably expensive?

I wish silvertowne would carry the elephants.

Do you know what a decent price to pay would be on a 2003 Zambia elephant?
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yellow88's Avatar
United States
581 Posts
 Posted 12/27/2013  11:30 am  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
silverleaf after extensive research I haven't been able to find official mintage numbers for the Zambia Elephants and I believe bekiz's estimate is pretty darn close to being accurate or as accurate as anyone can be.

The Zambia 2003 proof is relatively common compared to the earlier years. I would not pay more than $130 for one. $100 is the best price I have found for a problem free coin. Your patience will be rewarded.

Gainsville has great pricing for the 2014 BU Somalia Elephant along with very good pricing for the high relief, gilded and colored coins for both 2013 and 2014. I do not know why the privy coins are at a premium. To me the privy coins are not attractive and their mintage is the same as the colored and gilded Somalia Elephants. I'd much rather spend the money on gilded or colored.

The pricing for the rest of the Somalia Elephants are inline with completed auction prices on ebay.

After being unsatisfied by the 2013 and 2014 Somalia Elephant coins I received from the big online retailers I would suggest buying a roll. It is a fact the big retailers pick through the coins and submit the best ones for grading and sell the remaining coins individually. This doesn't always mean you get a problem coin but it does increase the likelihood of it happening. I have returned several coins for milkspots and one coin that had a huge rim ding that was extremely obvious. It greatly concerned me that the dinged coin was even mailed to me. Who ever fulfilled my order must be blind or is in desperate need of glasses. The Elephants come from the Bavarian Mint in rolls of 20 and are not encapsulated. I will only buy unopened mint rolls of the 2013 and 2014 Elephants. If I receive a problem coin I will return it ASAP and request a problem free replacement coin or a full refund. I have yet to encounter a milkspot on a 2004 to 2012 Elephant and I have several examples of each coin for those years.

Concerning milkspots on 2013 and 2014 coins the Elephants are not alone when it comes to having them. For some reason the milkspot problem seems to be a recentn phenomenon on BU coins from mints around the world. I have found them on BU coins from Mexico, China, Australia, Austria, Germany, and Canada to name but a few. I haven't had a milkspot issue on any pre-2013 BU coin.

I purchased a 2013 China Panda graded MS70 and slabbed by NGC. When the coin arrived it was perfect. After 3 months I noticed milkspots on the coin. So even buying a professionally graded and slabbed coin will not protect you. I have heard the argument from retailers that milkspots do not effect the grade or value of a coin. I heartedly disagree. All one has to do is peruse the completed sales on ebay to see that coins with milkspots sell for less than problem free coins.

Joe1320 I agree with you that finding the proof versions of the Zambia series for years 1999-2002 is difficult. 2003 is the easiest to find and for no good reason the 2003's on ebay are unnecessarily priced at a premium. The BU Zambia Elephants were made with both matte and proof finishes. For some reason it's easier to find the matte finished Elephants than the proof versions. The proof versions do exist. I have completed the Zambia series having acquired the matte, proof and colored versions for each year.

Joe1320 I have also purchased from MA-shops before discovering other resources. MA-shops has a good selection of the coins but they are priced at a substantial premium.

silverleaf I understand your frustration trying to find a company that ships to Canada that doesn't charge either an extremely high shipping fee or has a minimum order that's is prohibitive. As a favor for a Canadian friend, and as a challenge, I tried to find a Candian online retailer that sells Somalia Elephants. I had no luck. This left my friend two choices either buy from a German seller that will ship to Canada for the same price if you were in the States or buy from ebay from a seller that ships to Canada for no additional fee or a very small one. I can recommend a reputable German seller if needed.

Sorry for the lengthy response but I find it highly enjoyable collecting both the Zambian and Somalian Elephants. Each series is fascinating in its own right and uncovering some of the mysteries surrounding them is a lot of fun.
Valued Member
Canada
68 Posts
 Posted 12/27/2013  6:00 pm  Show Profile   Bookmark this reply Add silverleaf to your friends list Get a Link to this Reply
hey yellow. I think we use the same seller from Germany. He is wonderful but doesn't have any of the Zambia series. The hunt is the fun part though. I think I just want the 2003 for now so if you guys have any leads, they would be greatly appreciated. $100 is around where I would like to be.

Thanks for all the info guys. And happy new year!
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yellow88's Avatar
United States
581 Posts
 Posted 12/28/2013  12:30 am  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
silverleaf congratulations on completing the Somalia set.

I think we use the same gentleman in Germany too. He has a wealth of info on the Somalia series but no Zambia coins.

I'll keep an eye out for the Zambia coins. My resource has a 1999 colored Zambia Elephant right now. I'll check to see what else he has.

Do you only want the proof coins or does the matte and colored ones spark your interest?
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yellow88's Avatar
United States
581 Posts
 Posted 12/28/2013  12:31 am  Show Profile   Bookmark this reply Add yellow88 to your friends list Get a Link to this Reply
The hunt is definitely the best part about collecting the Somalia and Zambia Elephant coins.
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