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Fathallazf

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    United Kingdom

Posts posted by Fathallazf

  1. 9 minutes ago, terakris said:

    NGC census update day provided me with some results for my growing 1977 collection... pretty happy with most of these - all went for NCS treatment. Random selection to show the diversity in shapes, sizes and designs;

    3591359_Full_Obv.thumb.jpg.3b870162370e53184f7387689cd4eed9.jpg3591359_Full_Rev.thumb.jpg.0851f0af2840f79752a71f88631b4c6e.jpg

    This one is stunning! I love the shape and its pointy edges 😍. Which mint/country is it from?   

  2. 22 minutes ago, augur said:

    Great resource albeit indeed a long read. Found the respective passage:

     

    The main concern for Saudi Arabia, after putting the Silver Saudi Riyal into circulation, was to maintain its value against the British Sovereign; the most important Gold currency at that time. [...] Moreover, between 1349H- 1352 H (1931-1933G) Britain and the USA abandoned the Gold Standard causing Gold prices to go up affecting exchange rate of the Silver Saudi Riyal against the English Gold Sovereign as applied by the Najdi-Hijazi monetary system.  

    As no local central monetary authority existed to control and regulate issuance of currency, coins were minted abroad and brought to the country in separate batches often in irregular periods of time.

    Totally missed it! I am happy it was a bit helpful! 

  3. 2 hours ago, augur said:

    @Fathallazf, @ilovesilverireallydo, @lightjaw can any of you explain why there are still Paris mintmarks on the coin if according to the inscription it was struck in Mekka?

    i understand that the dies and patterns were made by the Monnaie de Paris but where were the circulation issues actually minted?

    Below Patter PR65

    IMG_1072.PNG.cda8ade9b9093bcd9c7944300bdb3adb.PNG

    IMG_1071.PNG.00519d15156b17c794ba9bdd188dacd5.PNG

    "Abd al-Aziz Bin Sa'ud (Ibn Sa'ud) gold Proof Pattern Guinea (Riyal) AH 1370 (1950) PR65 NGC, Paris mint, 7.98g, KM-Pn6 (this coin). An extraordinarily rare gold pattern issue, this Gem piece is among only three known examples produced by the Paris mint for approval by the Saudi royal household. The other two examples currently reside in the Paris Mint collection. Designed as a trial for the newly established United Kingdom's first gold coinage, the present offering, though denominated as a "Guinea", maintains exactly the same weight standard as the British Sovereign, and features a layout virtually identical to that adopted for the official trade issues, though the denomination is written on the reverse without the typical diacritical marks used to indicate vowels. This piece further displays a truly flawless strike with broad reeded rims and lustrous fields evincing clear die polish lines, yet nigh a blemish to obscure its genuine beauty. Previously sold by Baldwin's for a hammer of approximately $161,000 in their auction of April 2012, and certainly among the greatest rarities of pattern issues produced by world mints in the last century, the auctioning of such a specimen truly represents a one-in-a-lifetime opportunity that will spark spirited bidding amongst collectors of world gold patterns and Saudi Arabian coinage alike."

    https://coins.ha.com/itm/saudi-arabia/saudi-arabia-abd-al-aziz-bin-sa-ud-ibn-sa-ud-gold-proof-pattern-guinea-riyal-ah-1370-1950-pr65-ngc-/a/3066-30427.s

    I honestly have no idea @augur.  I found this gov website that talks about the history of the currency in the Saudi Kingdom. This specific coin is mentioned, but they didn't mention anything about the place of production. (I might have missed it as i read it briefly) 

    I have a friend in Saudi Arabia, i will ask him if he can ask more about this matter at a jeweler or at their mint itself and let you know if he gets back with any info.  

    http://www.sama.gov.sa/en-US/Currency/Pages/HistoricalInfo.aspx

  4. 3 minutes ago, Shinus73 said:

    For reasons only known to the Royal Mint, in 2006 they released a set of five Proof coins limited to 250. One coin is the actual 2006 proof, the others are the designs from 1999, 2001, 2003 and 2005, but all dated 2006.

    Now i can sleep peacefully! Thank you

  5. 7 minutes ago, Cornishfarmer said:

    Normally Sells for a little less than the mint and up to now I’ve never heard of anyone getting a non perfect coin

    Yes i checked the coin connection but it is excactly the same price, but true i also heard on here and from @Numistacker youtube videos that their coins are perfect. But totally forgot about this fact to be honest. But yea leason learned 😊

  6. Today i bought a 2018 1/4  gold proof Britannia coin. I dont know if it that wise to buy a coin which has a premium of more than double what its worth in gold. However, i wanted it since long time and finally decided to buy it. I persuaded myself by looking at other things i buy and never think about their investment value. For example electronics, clothes, and other stuff we buy to use and enjoy. I am a designer and i do appreciate good looking things, so why not enjoy the coin for its design and also the precious metal it sits on!  I tried to find it somewhere cheaper than the royal mint but couldn't find. I do also like to buy directly from the mint even if i can safe £20 or so just because i know for sure that no one touched or opened it before selling. I thought id share my thoughts in here because I need some reassurance that i am not that crazy for buying something like that or maybe i am? 😅 

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