Qatar 2000 5 riyals
This specimen was lot 21762 in Heritage sale 3010 (Boston, August 2010), where it sold for $1,610. The catalog description[1] noted, "Sheikh Hamad bin Khalifah gold 5 Riyals 2000, Proof 68 Ultra Cameo NGC, not currently listed in the SCWC and the first we've seen." The region, on the south coast of the Persian Gulf, was loosely ruled by the Ottoman Turks until the arrival of the British in the 1890's. The British signed treaties with the local sheikhs and the area was renamed the Trucial States, which name it held until the British withdrawal in 1971. Dubai joined the UAE while Qatar chose to become independent. The economy is entirely dependent on oil.
Recorded mintage: unknown.
Specification: gold.
Catalog reference: KM unlisted.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Tucker, Warren, Scott Cordry and John Kraljevich, Heritage Sale 3010: World Coins, Dallas, TX: Heritage Auction Galleries, 2010.
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