Tanzania's gold bullion program has issued coins in elephant themes repeatedly, positioning the series alongside more established African wildlife bullion from South Africa and Somalia. The 1-gram format targets fractional bullion buyers priced out of full-ounce product — a market segment that expanded sharply after 2010 as gold prices climbed past $1,000 per troy ounce and stayed there.
KM#116 is among the smaller-denomination entries in the Tanzanian bullion catalog.
Tanzania's gold bullion program has issued coins in elephant themes repeatedly, positioning the series alongside more established African wildlife bullion from South Africa and Somalia. The 1-gram format targets fractional bullion buyers priced out of full-ounce product — a market segment that expanded sharply after 2010 as gold prices climbed past $1,000 per troy ounce and stayed there.
KM#116 is among the smaller-denomination entries in the Tanzanian bullion catalog.