Description: Loop attached, this is what has preserved this RARE item A VERY SCARCE itemThe condition of this has been preserved, because it has been ligjhtly looped and kept on the bracelet of an ARAMCO employee!Great Detail, a VERY scarce and uncommon item1945/46 Saudi Arabia Gold 1 Pound ARAMCO Philadelphia Mint. Obverse: Depicts an eagle on one side with the words "U.S. Mint Philadelphia - U.S.A.". Reverse: An inscription that states: "Contains .2354 Troy Ozs, Fine Gold"CountrySaudi ArabiaPeriodKingdom of Saudi Arabia (1925 - 1959)CurrencySaudi riyal (pre-decimal)Coin typeTokens (probes)Denomination1 pounds YearND (1945)SubjectStruck for Concession of Payment for OilRulerAbdulazizCompositionGold 0.917Edge typeReededShapeRoundAlignmentMedal (0°)Weight (g)8.29 In 1932 the Bahrain Petroleum company, which was a subsidiary of Petroleum Company, which was a subsidiary of Standard Oil of California (SoCal) now known as Chevron discovered oil on the island of Bahrain. In 1944, the company changed its name to California-Arabian American Oil Company or Aramco for short. The contract between Aramco and the Saudi government called for a royalty payment in gold.The U.S. government agreed to supply gold pieces, which were defined as gold disks and not coins.Minted at Philadelphia, the pieces featured a U.S. heraldic eagle in the center surrounded by "U.S. Mint" Philadelphia U.S.A. The reverse reads in three lines: "Contains .2354 Troy ozs. fine gold"MOST NO LONGER EXIST, most WERE MELTED! **ONLY 100 of these are known in graded condition** GUARANTEED Authentic Pay attention to listing, view photos and FORM OWN OPINION, PRIOR TO BIDDING Condition is per photos, view photos and Form Own Opinion, PRIOR TO BIDDING. Unless otherwise stated coins may show wear and/or signs of having been cleaned in the past. I do not personally clean ANY coins. Yes, I combine shipping costs, if you are bidding on more than one item, LET ME KNOW Items shipped outside of the USA can take UP to 6 weeks to arrive. No refunds will be considered until 6 weeks has passed from shipping date. All customs, taxes or duties are the responsibility of the purchaser.
Price: 2300 USD
Location: Vancouver, Washington
End Time: 2024-12-23T02:00:12.000Z
Shipping Cost: 4.75 USD
Product Images
Item Specifics
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Denomination: 1 Pound
Circulated/Uncirculated: Circulated
Composition: Gold
Year: 1946
Fineness: 0.917
Grade: Ungraded
Country/Region of Manufacture: Saudi Arabia
Certification: Uncertified
