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 Replies: 21 / Views: 15,936 |
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Pillar of the Community
 United States
2448 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. |
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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
2448 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!
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 |
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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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Pillar of the Community
United States
2448 Posts |
 First and Foremost, welcome to the community! I think my next questions would be; is the Kuwaiti Central Bank similar to the Federal Reserve Banks in the US? Also, is the Kuwaiti Central Bank responsible for the minting of Kuwaiti Coinage? |
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New Member
Jordan
2 Posts |
the Kuwaiti central bank is similar to the US federal reserve bank.
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New Member
Kuwait
6 Posts |
I have both the 1987 and 2008 silver sets plus all the commeneratives issued by the CBK. I wish I had all the gold ones too. A bit pricey for me though.
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New Member
United Kingdom
2 Posts |
Hi all - hope you don't mind me resurrecting this thread, but I found it whilst researching a set of coins that we'd had donated and therefore joined the forum. It seems that we have been donated this ultra rare 1987 set of silver Kuwaiti fils - and have only realised its value through this forum and the only other set we've been able to find on ebay, which was up for sale in the US for $699. Is it actually worth this amount of money, or was that rather optimistic? We are a UK charity, raising as much as we can to help the elderly in our community and would very much like to realize its true value for that reason. We will be listing it on ebay very soon, with worldwide shipping - can anyone give us any more info or advice on this? Now that I've found the forum, I hope to be able to ask advice about other donations and give people here the heads up on anything interesting we may have. Thanks Kay (E-Trader - ebay seller 'ageuksouthlakeland')  |
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Pillar of the Community
2087 Posts |
I just checked the World coins catalog 1901 -2000 38th edition There are two 1987 proof sets one valued at US$675 and the other US$2850.00. Some one else may be able to tell you how to work out which one you have. Given that you are a charity and are based in the UK I would suggest you contact Spink ( http://www.spink.com/departments.aspx?id=1204) they may assist you with selling it. Note You might only expect to get 75% of the catalog value. I think a company like Spinks may well be a better bet than ebay ( Given your organizations charitable status I would hope that company would waive any charges to you). Ring them and ask They can only say no Edited by austrokiwi
01/14/2013 3:41 pm
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New Member
United Kingdom
2 Posts |
Many thanks for that - will give it a try. I saw that a previous poster on here had sold a set for over $2000 - I presumed that was a gold set, but if there's a chance that this one may be worth that, then I think I may be in very good books at work!  I'd be really grateful if anyone else on here knows which is which - or would like to offer $2k for it!  |
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Posted 09/15/2010 12:27 pm
