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100 Shillings Elephant, Silver

Issuer Somalia
Year 2016
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Value 100 Shillings (100 Shilin)
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Obverse description Central field features the Somali national arms: a shield bearing horizontal stripes and a central five-pointed star, flanked by two leopard supporters resting on a scroll with crossed palm fronds below. The legend SOMALI REPUBLIC arcs along the upper periphery, while the date 2016 is divided to either side of the arms in the field. The denomination 100 SHILLINGS appears in the lower exergue. The design is encircled by a raised beaded border.
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Edge Reeded
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Additional information

Somalia's elephant bullion series, launched in 1999, occupies an unusual position in the modern silver bullion market — the issuing nation has no functional central bank capable of authorizing coinage in any conventional sense, with production contracted entirely through the Bavarian State Mint in Munich. The legal tender status is largely nominal, a arrangement that has become quietly standard practice among several African nations licensing their sovereignty for bullion programs administered by European mints.

The 2016 issue marked a design refresh from the previous year's iteration, a selling point the series uses annually to drive collector demand alongside bullion buyers.

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