The Forest elephant, once thought to be a sub-species of the African Elephant, is now believed to be a unique species of elephant, making the total number of species three (the other is the Asian Elephant). Forest Elephants are an endangered species, but Liberia has made steps to protect their natural heritage, despite the country's ongoing political difficulties.
This brass coin was issued in 1937 only. The same design was repeated in 1941, but in copper-nickel (KM#10a).
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