Sell a Gold Somali Elephant
Somalia, from 2004, struck in Germany. A new elephant motif every year, at 999.9 fine – a bullion coin with a collector’s habit.
- Purity
- 999.9‰ (24 carat)
- Country
- Somalia
- Gold rate
- €113.05/g
What do we pay for a Gold Somali Elephant?
Based on the gold rate of this moment, €113.05 per gram of fine material. As of:
| Variant | Fine gold | Total weight | We pay |
|---|---|---|---|
| 1 oz | 31.104 g | — | €3,516.29 |
| 1/10 oz | 3.11 g | — | €351.63 |
This price applies regardless of the year and the mint. With a rare year or exceptional condition the collector’s value can be higher than the material value – then we say so, even if that means you are better off not selling us the coin.
How we arrive at this amount
A coin is precious metal in a recognisable shape. What it fetches therefore depends almost entirely on the fine weight: the weight of pure gold it contains.
This coin is 999.9‰ (24 carat) pure, so the fine weight and the total weight are almost the same.
Not sure whether your coin is genuine? We check weight, diameter, thickness and – if in doubt – the density with X-ray analysis. Non-destructive: your coin stays intact.
Also have a look at today’s gold rate or all gold prices.
How to sell your Gold Somali Elephant
From walking in to being paid usually takes less than half an hour.
Do not polish it
With collector coins, cleaning can push the value down considerably. A natural patina belongs to them.
Bring it in
With or without an appointment, at one of our 45 locations. If the coin is in a holder, leave it in there.
We assess two values
The precious metal and what the coin itself does: year, mintage and condition. You get the higher of the two.
Paid out straight away
In cash or by bank transfer. Larger amounts reach your account within 24 hours.
Also of interest
Questions about selling Gold Somali Elephant
Where is this coin actually made?
The elephant is issued for Somalia but struck in Germany, at the Bavarian State Mint, which is why the quality of the strike is high and consistent. For the valuation only the weight and the fineness matter, and both are checked at the counter.
Does the annual design change make older years scarce?
It can. The motif changes every year and the mintages are modest compared with the large bullion series, so certain years attract collectors. We assess the gold value and the collector’s value side by side and offer you the higher of the two.
Which sizes does XGOUD buy?
We buy the one ounce and the tenth ounce in gold. Each size has its own fine weight and therefore its own purchase price, shown as a separate line in the table on this page against the rate of the moment.
Is the silver elephant the same series?
It is the same annual design in a different metal, and it follows the silver rate rather than the gold rate. If you bring both, we value each against its own market and you see the two amounts separately in the offer.
Is your question not listed? Ask it below, call 085 060 3009 or go to contact.
A question about Gold Somali Elephant?
Ask it here. You will receive a personal reply by email, usually within one working day – no automated message and no phone call you did not ask for.
- An answer from a valuer, not from a template
- We keep your question so that you need not repeat anything
- No sales pitch afterwards
Have your Gold Somali Elephant valued?
Free and without obligation, at a location near you.