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2000 Shillings Elephant

Issuer Somalia
Year 2023
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Currency Shilling (1962-date)
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Obverse script Latin
Obverse lettering SOMALI REPUBLIC 20 23 2.000 SHILLINGS
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Additional information

Somalia's elephant coin series has long occupied an awkward position in the numismatic market — technically sovereign issues, but produced under licensing arrangements with European minting houses rather than any functional Somali monetary authority. The kilogram format here places this squarely in the trophy bullion category, the kind of piece bought for the cabinet rather than the coin board.

The .9999 fineness is notable. Most silver bullion strikes settle at .999; the additional refinement step adds marginal cost and is largely a marketing distinction, though it does matter to certain industrial and assay standards.