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barbacide5150
New Member
Kuwait
6 Posts
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I just got a set of the Kuwait Commemorative Coins and was wondering what the average pricing should be for each coin? Particularly the Silver coin set issued by the Central Bank of Kuwait. 
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Pillar Of The Community
United States
2182 Posts |
Are you sure they're authentic? When I was there in 2003 and 2004 I asked if they had silver or gold coins and was told by a banker that it was illegal to sell Kuwaiti coins in precious metals.
Money can't buy happiness, but it sure makes misery easier to live with.
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Pillar Of The Community
United States
2182 Posts |
 Sorry, second question; where can I get some? 
Money can't buy happiness, but it sure makes misery easier to live with.
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Pillar Of The Community
United States
2605 Posts |
What are the coins? A picture would be great or, at list, dates and the denominations.
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New Member
Kuwait
6 Posts |
The silver set includes: 100 Fils 50 Fils 20 Fils 10 Fils 5 Fils 1 Fils
Commemoratives include:
15th Anniversary of Liberation of Kuwait 45th Anniversary of the National Day of the State of Kuwait 40th Aniversary National Day of State of Kuwait Advent of the 21st Century 30th Anniversary of Founding of Kuwait 50th Anniversary of Exporting first Oil shipment 5th Anniversary of Liberation Day of the State of Kuwait 35th Anniversary of the National Day of the State of Kuwait Commemorative Coin Marking the 5th Anniversary of the United Nations Issue Commemorative on the Occasion of the Silver Jubilee of the Est of Central Kuwait 1st Anniversary Liberation Day of Kuwait Commerative 5th Islamic Summit Conference 25th Anniversary of the National Day of the State of Kuwait 20th Anniversary of the National Day of the State of Kuwait Occasion of the Outset of the Hijara 15th Century 15th Anniversary of the National Day of the State of Kuwait
These are issued from the Kuwaiti Central Bank. The bank web sight has pictures of each coin but no prices. Go figure. I find one of them eBay for $75. I usually collect Morgan Silver Dollars. Since I'am currently deployed in Kuwait now I can't find any . Go figure.Commemoratives aren't usually my area of collecting but they looked nice and wanted something from the area I was in. Thanks for any help.
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Pillar Of The Community
United States
2182 Posts |
You might be able to find a scanner. No, actually I still remember how hard it was to get anything at Udairi. I'm surprised they let you go into the city. It was "Verboten" when I was there. Except for us FOs. (Fiduciary Officers)
Money can't buy happiness, but it sure makes misery easier to live with.
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Pillar Of The Community
United States
2605 Posts |
I do see the pictures and the listing on the CBK site, and I find it strange that Krause does not mention the silver issues. Nor it has a comprehensive list of commemoratives. 
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Pillar Of The Community
United States
2182 Posts |
Barbacide, have you found these in Kuwait or just eBay? (I just checked out the ones on eBay) I looked at several banks in Kuwait for any silver or gold coins and was told they didn't exist. All the gold and silver coins on eBay are offered by sellers not affiliated with Kuwait. The circulated coins are quite accessible where ever you go in Kuwait. I'd really do diligence prior to purchasing Kuwaiti silver or gold coins from China or Austria.
If all you want is their circulated coins, PM me and I send you several sets FREE, one Vet to another. I guess you can have too many pictures of a Dhow.
Money can't buy happiness, but it sure makes misery easier to live with.
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Pillar Of The Community
United States
2605 Posts |
Quote: I looked at several banks in Kuwait for any silver or gold coins and was told they didn't exist. Here are (two) snaps off the Central Bank of Kuwait website. It's in the gallery/issues link 
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Pillar Of The Community
United States
2182 Posts |
Great, I went into that bank and was told they did not exist because they were illegal to own in Kuwait. I was there, in the city on the Fourth Ring (I think it was the 4Th) and at the International Airport, and just in from the Shquah Mall. Two things in Kuwait City that you can always find; unlicensed copies and more unlicensed copies. They even misrepresent their gold. They'll tell you comes from some little guy in the rear of the store, but most of it comes from Bahrain and Italy. I have some of the nicest looking 22K gold necklaces and bracelets (my wife hated them) I've ever seen. (Incidentally they turned out to be 18K Italian wire rope with a hallmark so small you need a microscope to see it.)
Are you sure these are the authentic articles? Caveat Emptor!
Money can't buy happiness, but it sure makes misery easier to live with.
Edited by carmykle 09/15/2010 10:18 pm
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New Member
Kuwait
6 Posts |
I have found up here in Kuwait. I saw the ones on eBay and I guess that would be the going market. I bought just a few in the beginning before heading off to Iraq. I went home on leave and took them to my local coin guru. He thinks they are real. The ones I have are in the the original packaging with the little brochure that comes in the box. The eBay seller from Canada seems to be the one with the most coins. His silver set was $288. Of course, no one has bought it. I also got the original brochure from the bank. Or should I say a very well printed fake with a Kuwaiti Bank stamp from 2008. I paid around $40 a piece for the 33.625 gram silver commemoratives and $80ish for the 72.50 gram ones. It all depends on what kind of deal I make. The gold is nice but expensive. Nice looking proof coin. Thanks for the help.
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New Member
Kuwait
6 Posts |
I still like collecting my Morgan Silver Dollars best
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New Member
Canada
2 Posts |
Hello there I'm from Kuwait and currently doing my PhD in Canada Kuwait has issued 2 commemorative set coins : silver and gold in two different dates : 1987 (scarce) and 2008 they are legal production of Kuwait central bank. Central bank of Kuwait has no more of 1987 (either silver or gold) and ran out of 2008 gold sets. so what you are talking about is authentic issue of Central bank as commemorative issue, usually a certificate or information card. many gold commemorative coins are considered scarce or rare. the silver is still common except for few like 1987 I sold one set last month for 2200 USD ***Edited by Staff - Please Review the rules that you agreed to when you registered. ***hope that helped. P.S.: Kuwait central bank has a booklet that shows all issues they have made up to now
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Pillar Of The Community
United States
2605 Posts |
Thanks, albaydaq, for clearing this up. The official information on the matter is too confusing and self-contradicting. And welcome to the forum!
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New Member
Canada
2 Posts |
svslav thanks for the greetings
barbacide5150
by the way, which year is your set? 1987 or 2008 ?
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New Member
Jordan
2 Posts |
hi albaydaq I hope you can assist me in this. i have a 2 dinars silver commemorative coin issued by Kuwait central bank in 1976 in the occasion of the 15th anniversary of the national day of kuwait. it has on one side the portrait of the late ruler of Kuwait shaikh abdullah Al-salem Al-Sabah and the portrait of present ruler (at that time) Shaik Sabah Al-Salem Al-Sabah. The coin Diameter is 38.6 mm and weight 28.3 g. do you think this coin has a value?
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