1945-46 Saudi Arabia Gold 4 Pounds NGC MS61 by US Philadelphia Mint ARAMCO

1945-46 Saudi Arabia Gold 4 Pounds NGC MS61 by US Philadelphia Mint ARAMCO
1945-46 Saudi Arabia Gold 4 Pounds NGC MS61 by US Philadelphia Mint ARAMCO
1945-46 Saudi Arabia Gold 4 Pounds NGC MS61 by US Philadelphia Mint ARAMCO
1945-46 Saudi Arabia Gold 4 Pounds NGC MS61 by US Philadelphia Mint ARAMCO
1945-46 Saudi Arabia Gold 4 Pounds NGC MS61 by US Philadelphia Mint ARAMCO
1945-46 Saudi Arabia Gold 4 Pounds NGC MS61 by US Philadelphia Mint ARAMCO

1945-46 Saudi Arabia Gold 4 Pounds NGC MS61 by US Philadelphia Mint ARAMCO
American eagle in small circle. Weight and fineness in three line inscription. A Mint State example with light satiny luster and moderate marks. They were called "Discs" because calling them "coins" would have been politically and legally problematic. At the time, Americans were not allowed to own gold (with some exceptions).

After World War Two, whatever the U. There is still plenty of mystery about why exactly these discs were struck. Some say they were for ARAMCO, the oil company, to pay for oil concessions in Saudi Arabia, which Saudi Arabia required in gold, not dollars. This is the conventional wisdom echoed by most coin dealers and auctioneers. There are 29 graded higher at NGC, and 67 in this grade MS61.

They have graded 311 of these in total, not including some 23 others they have encapsulated in "details" grades. The item "1945-46 Saudi Arabia Gold 4 Pounds NGC MS61 by US Philadelphia Mint ARAMCO" is in sale since Tuesday, May 19, 2020.

This item is in the category "Coins & Paper Money\Coins\ World\Middle East\Saudi Arabia". The seller is "silvermangold" and is located in Chicago, Illinois. This item can be shipped worldwide.


1945-46 Saudi Arabia Gold 4 Pounds NGC MS61 by US Philadelphia Mint ARAMCO


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