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100 Shillings Elephant
| Issuer | Central Bank of Somalia |
|---|---|
| Year | 2018 |
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| Composition | Log in to see details |
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| Technique | Milled |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | The reverse presents a finely detailed high-relief portrait of an African elephant (Loxodonta africana) facing left in three-quarter view, its trunk curving downward to the right, with prominent tusks and large textured ears rendered with naturalistic precision. A sparse acacia tree with birds perched on its branches appears in the upper right background, evoking the African savanna landscape. The legend AFRICAN WILDLIFE arcs across the upper field, while ELEPHANT is inscribed along the lower left, all within a beaded border. The silver specification 1 oz Ag 999.9 appears vertically along the right inner border. The overall composition is characteristic of the long-running Bavarian State Mint African Wildlife bullion series. |
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| Additional information |
Somalia's elephant bullion series has been running since 1999 and occupies an unusual position in the silver bullion market: the designs change annually, which drives collector demand well beyond what pure metal content would justify. The Central Bank of Somalia issues these coins under licensing arrangements with European distributors — primarily the Bavarian State Mint in Munich — meaning the coins are designed, struck, and distributed almost entirely outside the country whose name they bear.
The 2018 issue introduced a new reverse design, as the series does each year, sustaining secondary market premiums over spot that few sovereign bullion programs outside the major mints reliably achieve.