Yemen AH 1368 1/2 riyal

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Steve Album sale 30, lot 1025
Yemen SA30-1025r.jpg

The Mutawakkilite Kingdom began forming in 1890 AD, but it was not until 1911 that the local ruler (Yahya bin Muhammad, who came to power in AH 1322 / 1904 AD) was recognized as both the secular and religious head by the occupying (but weakening) Ottoman forces. In 1919 AD, the Ottomans officially abandoned any attempt at a military or political presence in Yemen. The first local coinage to recognize independent Yemeni rule was struck in AH 1342 (1924 AD).

The new coinage was based on the standard of the Maria Teresa thaler (import of which was banned under the Ottomans, who wished to force Turkish coinage on the population). Thus the thaler was equal to one riyal, with fractions of 1/2, 1/4, 1/8, 1/10, 1/20, 1/40 and 1/80.

Shown is a silver half riyal. It honors the ruler al-Nasir Ahmad bin Yahya, who took power in AH 1367/1948 AD after his father and predecessor Yahya bin Muhammad died in a coup attempt. This specimen was lot 1025 in Stephen Album sale 30 (Santa Rosa, CA, January 2018), where it sold for $235. The catalog description[1] noted, "YEMEN: Iman Ahmad, 1948-1962, AR ½ ahmadi riyal, San'a, AH1368, a superb example! NGC graded MS66."

Recorded mintage: unknown.

Specification: silver.

Catalog reference: Y#16.1.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 30, featuring the George Anderson Collection of Tibetan Coins, the Dr. John W. Lund Collection of Swedish Coins and the Mike Edwards Collection, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2018.

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