The newest in German coin producer MCI-Mints ever expanding Silverline silver bullion coins has now launched, and it’s the keenly awaited 2016 entrant in their popular Benin Elephant ‘Protection de la Nature’ range. This is the third annual release for Benin, the first in 2014 spawning several variants such as gilded and kilo coins, and the 2015 joining in with antique and 2oz proof versions.

They’re a pretty standard bullion coin with regards to their specification, but as with most low mintage silver bullion coins, it’s all about the design. These have always been nice coins, and with the disappointment over the recycled artwork used on the 2016 Somali Elephant coin, we’d not be surprised to see collectors snap these up, maybe even to the point of causing earlier designs to appreciate.

Shipping any time now and selling for just under €40.00, this looks a fine addition to the ranks of low mintage silver bullion coins, showing plenty of detail in the central image. Hopefully collectors will see more of this design with a repetition of variants from previous years.

MINTS DESCRIPTION

Obverse: African elephant with baby on the African Savanna, and the issue date 2016.

Reverse: Coat of the Arms of Republic of Benin and the Denomination

Legal Tender of the Republic of Benin

SPECIFICATION

DENOMINATION METAL WEIGHT DIAMETER FINISH MINTAGE
1000 FRANCS 0.999 SILVER 31.103 g 38.61 mm PROOF-LIKE 5,000

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MCI-MINT / EUROMUENZHANDEL