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Saudi Arabia Trade Guinea  1950 to 1957
Saudi Arabia Trade Guinea 1950 to 1957

We received this picture from Harold, who has a number of these coins given to him by an uncle who got them in Saudi Arabia. These beautiful coins are Saudi Arabian trade guineas, minted in the 1950s. They contain 0.2354 troy ounces of gold and their worth is calculated based on their gold content.

Using $900 US dollars per ounce of gold, 0.2354 x $900 = $212.

The current 'spot' price of gold can be found at kitco.com. It changes every day.

The value of these coins will be the sum of the gold value plus a small collector premium. Therefore, to get a ballpark value, start with the gold value you calculate (above) and add:

$10 for a circulated coin
$50 for an uncirculated coin

Coin: 1022 , Genre: Islamic Hindu Buddhist
Requested by: Harold, Mon, 17-Aug-2009 01:46:04 GMT
Answered by: Paul, Thu, 10-Oct-2013 14:45:35 GMT
Reviewed by CoinQuest. Appraisal ok., Fri, 12-Aug-2016 15:08:16 GMT
Requester description: gold, arabic letters
Tags: saudi arabia arab trade guinea arabesque aribic arabian arabic trading guine guineas guniea gold letters monogram au goldish golden goldenen script leters inscription letter monograms initial scripts inscrption initals calligraphy inscriptions lettering scrip lettered initials squiggles squiggle circle palm palms tree trees sword scribbles curl swoosh squiggly squigle swirl bowed twirly scribble curlicues curly curve curved curlycue curvy curving swirls curls squiggley sqiggles swirly curves circled encircle crrcle cirle circlet ring circles circlr circal citcle encircled circuit ringed circumscibed incircled cirlce circel circumference encircles encircling rings circling cirlces circular cicurling circumscribed palmetto fronds plam frond sworeds swordlike swords broadsword saber pine oak

  

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Fri, 20-Jan-2017 05:47:12 GMT, unknown: 12736456