Heritage Auctions, Inc.   |   Sale #1283   |   10 November 2018 Sort by Lot-NumberSort by Estimate
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Lot 15062

Estimate: -   |   Starting price: 1 USD ---
(1947) Saudi Arabia, Abdal Aziz bin Saud Gold Sovereign (Pound) -- Scratches -- NGC Details. Unc. KM-35. In 1947, the Philadelphia Mint struck two gold bullion British denominations, one pound and four pounds, for Saudi Arabia in return for oil rights. The issues were all the more unusual given that at the time, strict limitations were placed on the gold holdings of U.S. citizens. The present well-struck example is unworn but displays marks along the reverse margin, likely from an attempt to determine whether the piece was plated. Ex: Eric P. Newman Numismatic Education Society.HID05401242017

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