Heritage World Coin Auctions
ANA Signature Sale 3066 17 Aug 2018
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Saudi Arabia
Abd al-Aziz Bin Sa'ud (Ibn Sa'ud) gold Proof Pattern Guinea (Riyal) AH 1370 (1950) PR65 NGC, Paris mint, 7.98g, KM-Pn6 (this coin). An extraordinarily rare gold pattern issue, this Gem piece is among only three known examples produced by the Paris mint for approval by the Saudi royal household. The other two examples currently reside in the Paris Mint collection. Designed as a trial for the newly established United Kingdom's first gold coinage, the present offering, though denominated as a "Guinea", maintains exactly the same weight standard as the British Sovereign, and features a layout virtually identical to that adopted for the official trade issues, though the denomination is written on the reverse without the typical diacritical marks used to indicate vowels. This piece further displays a truly flawless strike with broad reeded rims and lustrous fields evincing clear die polish lines, yet nigh a blemish to obscure its genuine beauty. Previously sold by Baldwin's for a hammer of approximately $161,000 in their auction of April 2012, and certainly among the greatest rarities of pattern issues produced by world mints in the last century, the auctioning of such a specimen truly represents a one-in-a-lifetime opportunity that will spark spirited bidding amongst collectors of world gold patterns and Saudi Arabian coinage alike.
Ex. Baldwin's Islamic Coin Auction 19, 25 April 2012, Lot 107
Ex. Eli Walitt Collection
HID02901242017
Estimate: 200000-250000 USD
Abd al-Aziz Bin Sa'ud (Ibn Sa'ud) gold Proof Pattern Guinea (Riyal) AH 1370 (1950) PR65 NGC, Paris mint, 7.98g, KM-Pn6 (this coin). An extraordinarily rare gold pattern issue, this Gem piece is among only three known examples produced by the Paris mint for approval by the Saudi royal household. The other two examples currently reside in the Paris Mint collection. Designed as a trial for the newly established United Kingdom's first gold coinage, the present offering, though denominated as a "Guinea", maintains exactly the same weight standard as the British Sovereign, and features a layout virtually identical to that adopted for the official trade issues, though the denomination is written on the reverse without the typical diacritical marks used to indicate vowels. This piece further displays a truly flawless strike with broad reeded rims and lustrous fields evincing clear die polish lines, yet nigh a blemish to obscure its genuine beauty. Previously sold by Baldwin's for a hammer of approximately $161,000 in their auction of April 2012, and certainly among the greatest rarities of pattern issues produced by world mints in the last century, the auctioning of such a specimen truly represents a one-in-a-lifetime opportunity that will spark spirited bidding amongst collectors of world gold patterns and Saudi Arabian coinage alike.
Ex. Baldwin's Islamic Coin Auction 19, 25 April 2012, Lot 107
Ex. Eli Walitt Collection
HID02901242017
Estimate: 200000-250000 USD