First issued in 1999 for Zambia before changing to Somalia in 2004, they’re made from 0.999 silver and quite widely available although carrying a higher premium over spot than the major bullion coins. On the plus side, they appreciate much better as well and remain a great buy. The 2013 and 2014 have seen a reversal, with some quite low premiums coming into play, making them superb buys
These coins are standard-sized silver bullion coins, 40 mm in diameter, and weighing in at 1 troy ounce (31.1 grams) of 99.9% pure silver. The edges of all the coins are reeded.
The obverse of these coins since 2004 bears the armorial achievement of Somalia – a horizontally striped shield bearing a single star, supported by two leopards rampant. A ribbon wrapped around two crossed spears, as well as two crossed palm fronds, appear below this emblem. The words “Somali Republic” appear in English at the top of the coin; the date, broken into two parts of two digits each, flanks the central design; and the legend “100 Shillings” appears at the bottom of the coin. From 1999-2001, the Zambian cat of arms was displayed, before changing into the profile portrait of Queen Elizabeth II for 2002-2003.
Mintages for some ridiculous reason are not widely reported and the figures at bottom are the best current estimates we’ve seen bandied about.
|Monetary Denomination (SOS)||1000|
|Fineness (% purity)||.999|
|Minimum Gross Weight (g)||31.10|
|Maximum Diameter (mm)||39|