Saudi Oil and GOLD

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Saudi Oil and GOLD Empty Saudi Oil and GOLD

Post  Country on Tue Dec 22, 2009 3:52 pm

GOLD is in imbued in Saudi Arabian culture. Before 1947, the Saudi government would not accept paper currency. An interesting link between Saudi Oil and GOLD are the 1945 Aramco disc GOLD coins. Here's a short history.

http://www.telltale-coins.com/bullion/saudi_aramco.html

Saudi Oil and GOLD Gold_disc_for_saudi_obv

Saudi Oil and GOLD Gold_disc_for_saudi_rev

I find the later Saudi 1950 GOLD coins, that were minted with the same specifications as English sovereign gold, very neat. I have some of these in my collection.

Saudi Oil and GOLD Saudi1_200obv Saudi Oil and GOLD Saudi1_200rev


http://www.thegoldcoinstore.com/WorldGold/Saudi_Arabia_Gold_Guinea.php
Country
Country

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Saudi Oil and GOLD Empty Re: Saudi Oil and GOLD

Post  AGgressive Metal on Thu Dec 31, 2009 1:40 pm

Nice history lesson.
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