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(1947) Saudi Arabia Gold Pound - Struck at the U.S. Mint for ARAMCO - PCGS MS 64 (Top Pop) Panama Reverse: Arms and denomination

SKU 9055490907
USD2497.50 USD2519.50

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Description

Reverse: Arms and denomination

The American Buffalo Coin and Currency Set Includes:

1936-D Daniel Boone Silver Commemorative Half Dollar - NGC MS 64

KM# 152 Denomination 5 Yuan Country China

(1947) Saudi Arabia Gold Pound - Struck at the U.S. Mint for ARAMCO - PCGS MS 64 (Top Pop) Panama Reverse: Arms and denominationIn 1947 Aramco needed gold pieces to pay Saudi royalty for oil. The discs were officially never designated coins by the U. S. Mint which struck them. They have the same gold content as a British Sovereign and are sometimes referred to as the American Sovereign. These have steadily increased in value over the years. A 64 (just 4 graded with none higher) for this coin is a very respectable high grade as the majority are 62s.

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