IRAQ: Faisal I, 1921-1933, AR riyal, 1932/AH1350, KM-101, finest known example, proof condition, luxurious golden toning on both sides, from an estimated 20 pieces struck as proofs, NGC graded Proof 66. Only one proof example is recorded on CoinArchives, graded Proof-65 by NGC, sold at DNW Auction 128, Lot 389 (2015); the highest grade in uncirculated is MS63, two recorded on CoinArchives, the last one from our Auction #39, Lot 1337.
Estimate: 10,000-15,000 USD