Somali Republic Platinum Coin

I don't know what "PALLADIUM PLAT." (Pd Pt) means, but
I am guessing Platinum coin, fused to a Palladium bezel.

Is it possible to show the date, or perhaps the design was machined off the obverse to fit in the watch?

To have some idea of the value, the weight of the precious metals needs to be known.

No numismatic premium for this watch, unfortunately. Value in part depends on the quality of the watch movement.

sel_69l, the date is 2001, 20 on the left and 01 on the right.

Just FYI...

The weight of precious metal coins is generally measured using the troy measurement system vs. the avoirdupois system.

There are 31.104 grams in a troy ounce. 14 grams / 31.104 = 0.45 troy ounces.

So, 14 grams does not equal 1/2 troy ounce and shouldn't be rounded up to it (it would be a rounding of more than 10%!).

@mn8o: Happy to help - CCF is all about education!

If you stick around, you'lll be amazed by the knowledge base available here.

Thank you.
So, what does that mean? The coin is fake? It has value due to the platinum content but from a collector's point of view there is no real value?

I mean, this being a bullion coin the face value should not really matter, or?

Thanks, again, for the input/feedback/digging.
I see there are a lot of coins from 2000 and 2001 out there with both "Somali" and "Somalia" engravings, so not sure what is going on. Again, this being a bullion round and not anything with legal tender, I guess it can be ok.
Mayer Mint seems to be very well known so hard to believe this is not legit as far as platinum content goes.

In 2001, Somalia was an anarchy, with no legitimate internationally recognized government; the few remnants of the government that had been internationally recognized were in exile in Tanzania, I believe. Somalia was therefore a perfect country for mints of less-than-honourable integrity to use as a flag of convenience to make their "coins", since no-one in the country could be easily contacted to verify whether or not the coin actually was legal tender; nor would anyone from that country be likely to lodge a formal counterfeiting complaint against them. There is even the possibility that the "Central bank of Somali Republic" was a front for one of the rebel/Islamist/terrorist groups vying for control in Somalia; given the Islamic theme of the coin, I would not rule this out.

The political situation in Somalia is becoming more stable lately, so the number of coins issued in its name is decreasing.

At the peak of the anarchy, all kinds of weird, gimmicky coins were released in the name of "Somalia" at around this time by numerous private mints around the world. Coins shaped like guitars, cars and motorcycles come to mind. Most are denominated in "dollars", to try to convey to American buyers their coin-ness. None had any formal recognition from anyone who could legitimately be called a part of the Somali government, so all of them are not "real coins". Nor are they technically "fake coins", since a "fake" is a copy of a genuine coin, and there are no genuine coins like this. "Fantasies", "unofficial coins", "coin-like medals" - call them what you wish.


Actually, I would guess "palladium plated", as the advertisement states the watchband is made of palladium-plated stainless steel. Assume zero actual precious metal content for the bezel. As for the coin, presumably it was sliced open along the rim had had some of the platinum scooped out to fit the watch mechanism inside it. In any event, the act of turning it into a watch has rendered it uninteresting as a coin from a coin collector's viewpoint. Of course, this particular coin may have had its entire mintage turned into watches (I do not know); if so, then the question of the coin's value as a coin would be moot as the actual coins would not exist in an undamaged state.

I'll admit to not really knowing how such a watch operates, and whether or not the control mechanisms could all fit inside the bezel.