03/02/2024 09:51:31 PM

African Silver Coins

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African Silver Coins at BGASC

There are 54 countries on the African continent, which is quickly becoming a top name in the precious metals industry. While not every country has a sovereign mint, such as the South African Mint, many private mints help produce bullion coins for these countries. With many unique coins and coin programs available, learn more about African Silver Coins, right here at BGASC.

Somalian Silver Elephants

Arguably the most popular African coin program is the Somalian Silver Elephant. Similar to a lot of Perth Mint silver coin programs, this series features unique images of an elephant on the reverse with every release.

Notably, this series debuted in 1999 but with the backing of Zambia. These coins were issued under Zambia from 1999 until 2003. In 2004, coins in the series were released on behalf of Somalia and this has remained true ever since. Interestingly, the Somali Republic has not acknowledged that it does indeed support the coins. That however has not stopped investors and collectors from making these Silver Coins some of the most popular on the market today.

Along with the reverse imagery, the series has undergone some changes over the years. Originally, these coins were only available as a 1 Troy oz option with a purity of .999 silver and a face value of 1,000 shillings. In 2007, the face value was adjusted to just 100 shillings. In 2016, the purity was increased to .9999 pure silver. Now, coins can be purchased in the following sizes:

  • 1/10 Troy oz
  • 1/4 Troy oz
  • 1/2 Troy oz
  • 1 Troy oz
  • 2 Troy oz
  • 5 Troy oz
  • 10 Troy oz
  • 1 Kilogram

These coins are also available in multiple versions such as BU, proof strikes, gilded, colorized, and even Day-and-Night 2-Coin Sets.

Somalian Silver Elephants are produced by the Bavarian State Mint, a Munich-based mint who’s been producing coins since 1158.

Congo Silverback Gorillas

One private mint that has a history of producing coins for African nations is the Scottsdale Mint. One of their most popular series is the Congo Silverback Gorilla series.

The Congolese coat of arms is present on the obverse field, while a new image of a Silverback Gorilla is shown on the reverse with each release. These coins contain 1 Troy oz of .999 pure silver and have a face value of 5,000 Francs (CFA). Individual coins are available in capsules, while multiples of 5 will arrive in sealed plastic sheets.

Unique versions, such as colorized coins, proof-like coins, and even a 1-kilogram weight option have been released sporadically over the years. In 2021, gold coins were introduced to the series as well.

Republic of Djibouti Silver Coins

Coins backed by the Republic of Djibouti are some of the most intriguing African Silver Coins on the market. When browsing coins from the Republic of Djibouti at BGASC, you’ll notice that these coins come in unique shapes and sizes, such as the following:

  • 1 Kilo Antique Silver 3D Ancient Pyramid Coin: This unique coin, containing 1 kilogram of .999 pure silver, has a mintage of just 199 and is shaped like an actual pyramid. Eight unique Egyptian gods and goddesses are shown on the pyramid.
  • 1 Kilo Antique Silver The Lightning Leopard Sphere Coin: Just as the title makes it sound, these coins are shaped like a sphere. They contain 1 Troy oz of .999 pure silver and have a mintage of 999. Multiple depictions of a leopard are shown on the sphere.
  • 5 oz Silver 3D Magic Lamp: Fans of Aladdin will be enthralled with this unique coin, shaped like the lamp from Aladdin. These coins have a mintage of just 500 and have a thin layer of 24-karat gold.

Other Popular African Silver Coins

  • Rwanda Wildlife Series: This series started in 2008 and features unique imagery of animals on the reverse with every release. While the reverse side always features the outline of the African continent, the lower left portion of the coin showcases a new animal.
  • Ghana Unicorn Series: This series, produced by the Scottsdale Mint, debuted in 2023. The series kicked off with four unique releases, all of which are 1 Troy oz .999 pure silver coins. One is a BU strike, while the other 3 feature the unicorn with colored hair (pink, purple, and rainbow).

Purchasing African Silver Coins at BGASC

For any questions about these African Silver Coins, contact the BGASC customer service team today. We can be reached via email, through our online chat feature, or by calling us at 888-992-4272.