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200 Shillings Elephant, Silver

Issuer Somalia
Year 2022
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Technique Milled
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Obverse script Latin
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Additional information

Somalia's elephant bullion series has been issued annually since 2002, making it one of the longer-running wildlife bullion programs from an African nation — unusual given that Somalia has no functioning central mint and contracts production to European facilities. The design changes each year, which drives collector demand well beyond what pure silver content alone would justify.

The KM#394 designation places this firmly within the Krause cataloguing for the 2022 issue. Two-ounce entries in this series remain less liquid on secondary markets than the one-ounce equivalent, a pricing quirk that has persisted across multiple years.

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