Somalo: coin from Trust Territory of Somaliland

SOMALO: COIN OF SOMALIA

1 somalo, 1950: Trust Territory of Somaliland under Italian administration

1 somalo, 1950: Trust Territory of Somaliland under Italian administration

Trust Territory of Somaliland under Italian administration — a United Nations Trust Territory situated in present-day Somalia. It was administered by Italy during 1950-1960, following the dissolution of the former British Military Administration. It gained independence in 1960.

Date on coin: AH 1369 (AH: Latin "Anno Hegirae" — "the year of the Hijra"; Islamic calendar) = 1950 (Gregorian calendar).

The legend on the coin is in Italian and Arabic.

I SOMALO.

ROMA - 1950: the coin was minted in the capital of Italy — in the city of Rome.

ضرب في روما سنة ١٣٦٩: it was struck in Rome in 1369.

SOMALIA.

Leopard and star from coat of arms, two crescents.

ROMAGNOLI micro-inscription at the bottom (coin design: Giuseppe Romagnoli — Italian medalist and sculptor).

Italian Mint — Istituto Poligrafico e Zecca dello Stato (Rome, Italy).

Mintage: 11.480.000.

  • Silver (0.250): 26 mm - 7.55 g
  • Reference price: 16$

COIN SOMALO — WHERE & WHEN (coins catalog: by names & emitents)
  1. TRUST TERRITORY OF SOMALILAND UNDER ITALIAN ADMINISTRATION (1950): somalo = 100 centesimo

SOMALO as coin name.
Somalo — official currency of Somalia (more precisely, the Trust Territory of Somaliland under Italian administration) during 1950-1960, before the declaration of independence.
The Somali somalo was introduced in 1950 to replace the East African shilling and was replaced by the Somali scellino (shilling) 10 years later (the actual exchange took place in 1962).
The monetary unit consisted of 100 centesimo – traditionally for Italian possessions.
Throughout history, only one coin’s type of this denomination was issued — 1 somalo in 1950. The coin was minted in Rome from low grade silver (billon) with a multi-million mintage — more than 11 million pcs. The legends are in Italian and Somali (Arabic script).
The name of this historical coin obviously echoes the name of the country (Somalia) for which it was issued by a specially created structure on the territory of Italy (Italian "Cassa per la Circolazione Monetaria della Somalia").