Puntland, the semi-autonomous region of northeastern Somalia, has no internationally recognized monetary authority and no central bank of its own. These pieces were produced by a private mint for the collector market rather than any genuine circulating monetary need — Puntland uses the Somali shilling in practice, itself a currency long since rendered chaotic by decades of statelessness.
Puntland, the semi-autonomous region of northeastern Somalia, has no internationally recognized monetary authority and no central bank of its own. These pieces were produced by a private mint for the collector market rather than any genuine circulating monetary need — Puntland uses the Somali shilling in practice, itself a currency long since rendered chaotic by decades of statelessness.