Oman AH1394 100 baisa

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Sincona sale 80, lot 3102

Oman, long a British protectorate, achieved full independence in 1971. Coinage began that year. She has watched enviously as her neighbors, Saudi Arabia and the United Arab Emirates, harvest billions of dollars by selling oil, of which little occurs in Omani territory. This specimen was lot 3102 in Sincona sale 80 (Zürich, October 2022), where it sold for 1,200 CHF (about US$1,438 including buyer's fees). The catalog description[1] noted,

"OMAN, Quabus bin Sa'id, 1970-2020. 100 Baisa 1394 AH (1974). Goldabschlag zu Präsentationszwecken. Sehr selten. Nur 250 Exemplare geprägt. FDC. (sultanate of Oman, Quabus bin Sa'id, 1970-2020, hundred baisa of AH 1394. Off metal strike in gold for presentation. Very rare. Only 250 pieces struck, Uncirculated.)"

This type was struck 1972-75 solely for presentation and no circulation issue exists.

Recorded mintage: 250.

Specification: 22.74 g, 0.917 fine gold, this specimen 22.84 g.

Catalog reference: KM 47.

Source:

  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Richter, Jürg, SINCONA Auction 80, World Coins and Medals, SINCONA Bullion Auction, World Banknotes, Coins and Medals from Switzerland, Zürich: SINCONA AG, 2022.

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