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Dr. Busso Peus Nachf.
Auction 424  15-17 May 2019
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Lot 426

Estimate: 1500 EUR
Price realized: 1200 EUR
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Almoravids
Abû Bakr ibn 'Umar, 448-480 H/1056-1087 AD Dinar (Marabotino) 451 H. Hazard 27; Vives 1422. 4.17 g.; Rare Very fine

Ex Demeter coll. (Stack's New York 1983, lot no. 295). - A good and extremely early specimen of the famous minting of Subsaharan gold which was to become one of the most influential coinages in monetary history, initializing the circulation of gold North of the Alps in the following century under the name off Marabotinus after 300 years of pure silver circulation, but playing a dominant role in the Eastern Mediterranean, found in hoards on the shore of the Red Sea. The first coins of this type were stuck in the previous year in 450 H and for thirty years Sijilmâsa remained the only mint. The reputation of these coins was not only based onthe celebrated purity of their gold, but equally on the introduction of new techniques of striking with pegged dies, which allowed several blows with the hammer without visible double strikes and a perfect centering, a method borrowed from the Yemen.
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