Somalia 1967 5 centesimi

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Steve Album sale 30, lot 1685
Somalia SA30-1685r.jpg

Somalia was divided by the British and Italians at the end of the nineteenth century. Mussolini's imperialist fantasies moved him to conquer neighboring Ethiopia in 1936, which conquest was reversed by a British occupation of Ethiopia and Somaliland in 1941. Somaliland was returned to Italy in 1950, which granted the area independence in 1960. A succession of military regimes followed until the complete collapse of government in the early 1990's. That unhappy condition persists to this day. This coin seems to be one of the few that actually saw circulation in its country of issue. This specimen was lot 1685 in Stephen Album sale 30 (Santa Rosa, CA, January 2018), where it sold for $117.50. The catalog description[1] noted, "SOMALIA: Republic, 5 centesimi, 1967, only 4 known examples, PCGS graded Specimen-66, ex King's Norton Mint Collection." This issue was accompanied by ten centesimi, fifty centesimi and a one shilling, the other coinage before the reform of 1970 being NCLT's.

Recorded mintage: 10,000,000.

Specification: 2.5 g, brass.

Catalog reference: KM-6.

Source:

  • Cuhaj, George S., and Thomas Michael, Standard Catalog of World Coins, 1901-2000, 42nd ed., Iola, WI: Krause Publications, 2014.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 30, featuring the George Anderson Collection of Tibetan Coins, the Dr. John W. Lund Collection of Swedish Coins and the Mike Edwards Collection, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2018.

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