2014-BENIN--ELEPHANT-FEAT

Brand new silver bullion coins don’t come along very often, but with the increasing openness of African Nations to put their names to coins, it wasn’t going to be long before another appeared. The new kid on the block has been out for a few weeks now and is issued in conjunction with the African state, the Republic of Benin, a country bordered by, amongst others, fellow coin issuers Togo and Burkina Faso.

Minted in Germany for MCI, it’s a standard one-ounce silver round and like the early versions of the Rwandan Wildlife bullion coins, is limited to 5,000 pieces. Early sales seem to have been brisk and it also has the potential for value increases like other semi-numismatic bullion coins from that continent.

The latest version is the ever-popular gilded version. This is a genuine coin and not an aftermarket job like many that permeate the market, especially in Germany. MCI have chosen well on what is gilded and what isn’t, with the result the coin remains clean-looking and attractive.

SPECIFICATION

Denomination Metal Weight (g) Size (mm) Quality Box – COA Mintage
1,000 FRANCS (CFA) 0.999 silver 31.1 38.61 PROOFLIKE GILDED N – N 1,999

The bullion coin is also well worth picking up even though it’s priced a bit higher than the standard bullion coins out there.

2014-BENIN--ELEPHANT-BULLION

 

SPECIFICATION

Denomination Metal Weight (g) Size (mm) Quality Box – COA Mintage
1,000 FRANCS (CFA) 0.999 silver 31.1 38.61 PROOFLIKE N – N 5,000