Identification of this Somali Coin

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Hey everyone,

 

I had acquired this 150 Shilling Silver Coin Of Somali Republic recently, but on looking up, couldn't find this in Krause and Numista. I would like to know more details of this coin.

 

Thank you.

Thema verschoben nach "Numismatic questions" (ZacUK, 27 May 2022, 06:38)

There are a great many of these Somalia pieces, they fall under Exonumia,  not coins.

https://en.numista.com/catalogue/somalia-exonumia-4.html

Yours is not in the Numista catalogue yet.

Jamais l'or n'a perdu la plus petite occasion de se montrer stupide. -Balzac

Just curious, what makes these "Exonumia" pieces and not a coin?

Yeh, this one has a value of 150 shillings, which I imagine are also fully backed by the Somali “government”.

If this is exonumia, then a whole lot of other similar coins and bullion would have to go to exonumia as well. I'd say this is a coin.

I'd be curious what makes them fantasy vs non-circulating as well.

There are a handful of Somalia coins from 2006 listed here: Numista Somalia 2006 Coins

"What we are is not as important as what we aren't"

The Somalia catalogue is in need of some work I think.

Jamais l'or n'a perdu la plus petite occasion de se montrer stupide. -Balzac

https://en.numista.com/forum/topic104614.html

 

Does the mint add something like “NOT LEGAL TENDER” to coins they mint that show a denomination?

It's complicated. Essentially Somalia was not a state with a functioning central bank and national institutions between 1990 and 2004 with a transitional govenment and again with another transitional government in 2009. Just a chaotic land with warlords fighting for control of pieces of the “country”. 

 

 

https://en.wikipedia.org/wiki/Central_Bank_of_Somalia

Thank you so much for your valued comments. I had sent a mail to the Somalia Central Bank. hoping to get more details from the issuer.

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