The elephant is so close to one dated 1884/85 in the British collection which I have now looked up in an insignia book. It too has the mahout seated in front of the tower holding a golden spear. Note how the entrance door to the tower is at the back.
--Previous Message-- : As I have mentioned elsewhere, the size and : shape of these elephants differ quite a lot, : depending on their age. To my understanding, : the elephant in this photo was made in the : 19th century, long before Queen Margrethe : was born. Yet you see her monogram on it: : : :