| Author |
 Replies: 393 / Views: 13,031 |
|
|
|
Moderator
  United States
188560 Posts |
Season 93 - Round 5Coin Purchased By:
Keith67 in April 20211945-46 Saudia Arabia £4 (KM34) Final Results!flag4 $1,500.00
SaturnD51 $1,620.00
GMS5 $1,700.00
nfine $1,725.00
ttkoo $1,770.00
HondoB $1,800.00
Petespockets55 $1,826.00
Spence $1,850.00
AcesKings $1,900.00
CoinForMe $1,975.00
triggersmob $1,999.00
Joshu - a $2,000.00
igwt79 $2,001.00
jason39305 $2,100.00
loonielewy $2,112.00
Mrhakfbacon $2,167.00
mcshilling $2,200.00
bill069 $2,250.00
muddler $2,300.00
nickelsearcher $2,400.00
ijn1944 $2,500.00
Chase007 $2,575.00
Blind Squirrel $2,700.00
psuman08 $2,855.00
mtuma3 $3,000.00 <- Runner Up, 10 points!
mrwhatisit $3,100.00 <- Runner Up, 10 points!
collectinsince65 $3,150.00 <- Runner Up, 10 points!
DoctorBurnzy $3,200.00 <- Runner Up, 10 points!
Final Price $3,700.00
macmercury $3,888.00 <- Winner! 20 Points!
okiecoiner $4,850.00
|
|
Moderator
United States
188560 Posts |
Season 93 Leaderboardcollectinsince65 50
mcshilling 50
CoinForMe 45
Keith67 45
DoctorBurnzy 40
GMS5 40
Joshu - a 40
macmercury 40
mrwhatisit 35
AcesKings 30
herbaby 30
igwt79 30
ijn1944 30
muddler 30
triggersmob 30
ttkoo 30
bill069 25
Chase007 25
flag4 25
HondoB 25
jason39305 25
mtuma3 25
nfine 25
nickelsearcher 25
Petespockets55 25
psuman08 25
Spence 25
loonielewy 20
SaturnD51 20
RK55 15
Blind Squirrel 10
CKcollectibles2 10
Mrhakfbacon 10
MintedNotPrinted 5
okiecoiner 5
smat45 5
VasoB 5
|
|
Moderator
United States
188560 Posts |
|
|
Pillar of the Community
Canada
9162 Posts |
A bit higher than I expected, congrats macmercury.
|
|
Pillar of the Community
United States
6559 Posts |
This is something, I saw and had to have. I knew the "bullion" value (at the time). But I was thinking about the "Numismatic Value". I think they have both, paid off.......  Quote:The contract between Aramco and the Saudi government called for a royalty payment of $3 million a year in gold. During the wartime period the Saudi government had accepted this payment in U.S. dollars, but that changed in 1945. By then wartime pressures on the world economy had pushed gold prices to $70 an ounce in some markets. This sharp deviation from the official American price of $35 prompted the Saudis to demand gold for their royalty payment. Aramco and more importantly, the U.S. Government faced the possibility of losing a vital source of oil if the Saudi demands were not met. In response the U.S. Government agreed to supply gold pieces to Aramco to pay their debt. The gold pieces, which were defined as gold disks and not coins, were made at the Philadelphia mint. Aramco was responsible for paying for the gold and the production costs. The pieces featured a U.S. heraldic eagle in the center surrounded by "U.S. MINT ... PHILADELPHIA-U.S.A." This design appeared in the middle of plain, wide field, and the edges were reeded. John Sinnock, who designed the Roosevelt dime and the Franklin half dollar, took credit for the art work although it was really an application of a stamp that the mint used on official U.S. gold bars. The reverse read in three lines: "GROSS WEIGHT 493.1 GRAINS" / "NET WEIGHT (in gold) 452.008333 GR." / "FINENESS 9162/3." The piece weighed just over an ounce and contained .941 of an ounce of pure gold. In international terms the fineness and gold content were equal to four British gold sovereigns. The mintage was 91,210. Most of these pieces no longer exist today. Large numbers of them were crated and shipped to Bombay, India where they were sold for $70 an ounce, double the official U.S. rate. Most of these pieces were melted, turned in gold bars and shipped to Macao, a Chinese territory. There were rumors that some pieces ended up in the American compound in Saudi Arabia where oil company employees used them as poker chips. Some numismatic researchers have discounted this story, however. |
|
Moderator
United States
15433 Posts |
Congratulations to macmercury for the round win, well played.  Really appreciate the detailed backstory @Keith67. Take a look at my other hobby ... http://www.jk-dk.art |
|
Moderator
United States
188560 Posts |
Season 93 - Round 6Guessing Deadline:
3 PM EST (Forum Time) on Wednesday, 25 February 2026Coin Purchased By:
ttkoo in April 20241356 Groat - England - King Edward III
|
|
Bedrock of the Community
United States
19158 Posts |
|
|
Moderator
United States
15433 Posts |
That's an interesting Round 6 coin. It brings to mind something that could have been spent in Ken Follett's "Pillars of the Earth" if you have read that epic novel of Medieval England.
$325
|
|
Pillar of the Community
United States
7512 Posts |
|
|
Pillar of the Community
United States
2955 Posts |
Really nice groat  $375.00 |
|
Pillar of the Community
United States
1378 Posts |
|
|
Pillar of the Community
United States
1773 Posts |
|
|
Pillar of the Community
Canada
1527 Posts |
|
|
Pillar of the Community
United States
3471 Posts |
|
| |
Replies: 393 / Views: 13,031 |
First Page
Previous Page
Posted 02/18/2026 3:39 pm
to contact me.
