1950/1951 Saudi Arabia One Guinea Gold Coins.
These gold coins have the same dimensions as the British gold sovereign.
Saudi Arabia was formed in 1932 by the amalgamation of the smaller states of Nejd, Al Hasa, Hejaz, and Asir. Only a small number of different gold coin designs, five, have ever been issued by the country.
Minted by the Saudi Arabian Royal mint, this trade guinea has the same dimensions and gold content as the British sovereign. This is an attractive alternative for investors looking to buy gold bullion coins with artistic and numismatic interest. These coins are dated on the Islamic Hejira calendar as 1370, which corresponds to October 13th 1950 to October 1st 1951 on the Christian Gregorian calendar.
The Edge is reeded.
The obverse bears a calligraphic design set inside a beaded outer circle, crossed swords and palm trees are featured below the main design at the bottom of the coin.
The text reads:
ملك المملكة العربية السعودية
عبد العزيز بن عبد الرحمن بن فيصل آل سعود
Which translates to:
King of the Kingdom of Saudi Arabia
'Abd al-'Aziz bin 'Abd al-Rahman bin Faisal Al Sa'ud
A calagraphic inscription within a beaded circle with legend above and the Islamic date below.
The text reads:
جنيه عربي سعودي
ضرب في المكرّمة مكة
١٣٧٠
١
Which translates to:
Saudi Arabian Pound
Struck in the Holy City of Mecca
1370
1
Metal | Gold |
Diameter | 22.05mm |
Gold Weight Troy Ounces | 0.235 |
Fineness / Carat | 0.917 / 22 |
Mintage Figure | 2,000,000 |
Date | 1950 - 1951 |
Obverse Designer | Unknown |
Reverse Designer | Unknown |
Mint / Brand | Royal Saudi Mint |
Country | Saudi Arabia |
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.
All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
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We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows.
If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.
For international delivery, please check with your local customs office for more information on custom duty and taxes.
Full delivery information can be found by clicking here.
We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products.
If you require any assistance, please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.