Libya 1952 millieme
This specimen was part of lot 31506 in Heritage sale 3073 (Chicago, April 2019), which sold for $1,980. The catalog description[1] noted, "Idris I 5-Piece Certified Proof Set 1952 PCGS, 1) Millième - PR65 Red and Brown, KM1; 2) 2 Millièmes - PR65 Red and Brown, KM2; 3) 5 Millièmes - PR64 Red and Brown, KM3; 4) Piastre - PR64, KM4; 5) 2 Piastres - PR64, KM 5. KM-PS1. Very rare with a mintage of only 32 sets." At the time of issue, ten millièmes = one piastre. Libya, long a loosely held province of the Ottoman empire, was conquered by Italy in 1912. Libya was the scene of fierce desert warfare during World War Two, then was under French and British military occupation until being granted independence in 1951. Idris ruled as king 1951-69, then was overthrown in a coup led by Moammar Qaddafi. Idris lived in exile in Egypt until his death in 1984.
Recorded mintage: 7,750,000 + 52 proofs.
Specifications: 3 g, bronze, 18 mm diameter.
Catalog reference: KM 1.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Bierrenbach, Cristiano and Warren Tucker, Heritage World and Ancient Coins Auction 3073, Dallas, TX: Heritage Auction Galleries, 2019.
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