Platinum Ounce (1 oz), Coin Type from Somalia - detailed information

Platinum Ounce (1 oz), Coin Type from Somalia (issued 2016 - )
Coin TypePlatinum Ounce (1 oz)

The Somali Shilling is the official currency of Somalia. Due to inflation though, regular cash circulation in the country is handled not by coins but mostly by banknotes and foreign currency.

The country has also authorised the Bavarian Central Mint to issue bullion coins under its jurisdiction. The African Wildlife Series features a new design every year and has become very popular with collectors and bullion investors worldwide. The coins are in standard bullion sizes, including the one ounce of platinum format - designated as 1 oz Pt, where Pt is abbreviated from Platinum.

The annual designs initially featured elephants, to which an annual leopard design was added in 2018.

Obverse
Somalia / Platinum Ounce (1 oz) - obverse photo

Within a beaded border, the obverse of the coin displays the Coat of Arms of Somalia, featuring a shield (its blue colour indicated in "heraldic hatching" by thin horizontal lines), in the centre of which is a five-pointed star. The shield is surmounted by a decorated emblem with five heads, the with two lateral ones halved. The shield is borne from the sides by two cheetahs stepping on spears and facing each other under the lower point of the shield, along with two palm leaves, which are interlaced with a white ribbon.

Around above, the name of the country in English: SOMALI REPUBLIC. The date of issue, [year], is divided by the Coat of Arms.

Around below, the face value 1.000 SHILLINGS.

Obverse Inscription SOMALI REPUBLIC [year] 1.000 SHILLINGS
Reverse
Somalia / Platinum Ounce (1 oz) - reverse photo

Various designs as listed individually below.

Reverse Inscription AFRICAN WILDLIFE 1 oz PLATINUM 999.5
EdgeMilledEdge InscriptionNone
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Platinum Ounce (1 oz): Details
CountrySomalia
CurrencySomali Shilling
From2016
Face Value1000 (x Shilling - Second Shilling)
CurrentYes
Material0.9995 Platinum
Designer
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size38.600 mm
Mass31.103 g