Yemen 1969 30 riyals

Ponterio sale 168, lot 40402

Courtesy Stacks' Bowers Auctions

This proof was struck for the newly formed republic of Yemen in 1969 as a one year only issue. It was lot 40402 in Ponterio sale 168 (Philadelphia, August 2012) where it sold for $3,290. The catalog description reads: "YEMEN. 35 Riyals, 1969. NGC PROOF-70 Ultra Cameo." Despite the auction catalog description, this is a thirty riyals, not a thirty-five riyals. Many of these obscure NCLT commemoratives were ignored until recently and many sold at bullion or below.

Recorded mintage: unknown.

Specification: 29.4 g, 0.900 fine gold.

Catalog reference: Fr-12; KM-10.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
• Ponterio, Richard, Ponterio sale 168: The Official ANA Auction, Irvine, CA: Stack's Bowers LLC, 2012.

Link to:

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