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Saudi Trade Guinea 1950 to 1957

 Date: not sure 
 Mint mark: not apparent 
 Size: medium 
 Description: gold, arabic letters 
 Composition: gold 
 Wear: little or no wear 
 Eye appeal: attractive 
 
 [Request 1022 received from Harold, Monday, 17-Aug-2009, answered by Paul] 
 [Checked by CoinQuest. Be sure to use the current value of gold., Tuesday, 14-Aug-2012] 

Saudi 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.

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
$25 for an uncirculated coin

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Wed, 22-May-2013 18:50:48 GMT, unknown: 4583626 ABacYjdAvFgYM
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