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250 Francs Elephant

Issuer Republic of Djibouti
Year 2018
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Reference(s) KM#68
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Reverse description The reverse presents a finely detailed high-relief depiction of an African elephant in a savanna landscape, with acacia trees and a globe motif visible in the left field, evoking the animal's natural habitat. The elephant is shown in a dynamic three-quarter frontal pose with trunk raised and tusks prominent, rendered with exceptional sculptural detail. The word 'ELEPHANT' is inscribed in a straight legend along the upper border. The fineness and weight designation '1 oz AG .999' appears in the lower field. The overall composition is framed by the coin's polished proof field.
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Edge Reeded
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Additional information

Djibouti's coinage history is thin by any measure — the country has issued relatively few collector pieces, and most circulating currency has historically been struck under French Monetary Agreement arrangements. This silver issue falls squarely into the modern bullion-adjacent commemorative category that small nations have used since the 1990s to generate seigniorage revenue from foreign collectors rather than domestic circulation.

KM#68 attribution places it among a handful of non-circulating legal tender issues the republic has authorized through third-party minting arrangements, almost certainly struck outside Djibouti itself.

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