100 Shillings Leopard

Somalia's Leopard series has run as an annual silver bullion program since 2019, issued under licensing arrangements that route actual production through European mints — the coins carry Somali authority but are designed and struck abroad, primarily for the collector bullion market rather than any domestic monetary function. Each year's reverse design changes, making the series a de facto annual type collection.

KM#446 places this squarely within that sequence. The .9999 fineness is notably purer than the more common .999 standard used by most sovereign bullion programs.