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
, 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
Last review by CoinQuest: 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 inscription letter monograms initial scripts initals calligraphy caligraphy 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 circlet ring circles loops circal encircled circuit ringed circumscibed incircled circel circumference encircles encircling rings circling loop circular circumscribed palmetto fronds frond sworeds swordlike swords broadsword saber pine oak