Sell a Silver Somali elephant
Somalia, from 1998. A 999.9 fine silver ounce carrying an elephant that is redrawn for every year of issue.
- Purity
- 999.9‰
- Country
- Somalia
- Silver rate
- €1.62/g
What do we pay for a Silver Somali Elephant?
Based on the silver rate of this moment, €1.62 per gram of fine material. As of:
| Variant | Fine silver | Total weight | We pay |
|---|---|---|---|
| 1 oz | 31.104 g | — | €50.46 |
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 silver it contains.
This coin is 999.9‰ 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 silver rate or all silver prices.
How to sell your Silver 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
- Silver rate todayThe current silver rate per gram and per kilo, updated every minute.View
- All silver pricesWhat we pay per carat or alloy.View
- All coins and barsThe complete list of purchase prices per piece.View
- Spot price, premium and spreadWhy you never get back the premium you paid on purchase.View
Questions about selling Silver Somali Elephant
What exactly is the Somali elephant coin?
It is a one-ounce bullion coin at 999.9 fine, issued for Somalia since 1998 and showing an elephant that is redrawn every year. For us it is a straightforward silver ounce: 31.1035 grams of fine silver settled against the rate of the day you come in.
Do the different elephant designs change the value?
Not for the silver. Every year holds the same ounce of fine silver whatever the animal looks like. A few early years and the smaller mintages do interest collectors, and where that applies the valuer says so and prices the coin on both bases before offering.
Is this coin as easy to sell as a Maple Leaf?
Yes, we buy it on the same terms. It is 999.9 fine like the Maple Leaf and the Kangaroo, so the fine weight and the total weight run together and there is no separating or assaying to do. Our margin on it is correspondingly tight.
Can someone else sell the coins for me?
Only with their own valid photo identification, because we register the person actually selling. If you are handling an estate or acting for a family member, bring your own passport or identity card and any paperwork showing your position, and we explain what else is needed.
What happens after I accept the offer?
You are paid there and then. Cash comes out of the drawer for smaller amounts, and larger sums leave by bank transfer the same day and arrive within 24 hours. We give you a written statement of what was weighed, what it was worth and what you received.
Is your question not listed? Ask it below, call 085 060 3009 or go to contact.
A question about Silver 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 Silver Somali Elephant valued?
Free and without obligation, at a location near you.