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Roma Numismatics Ltd
Auction XXV  22-23 Sep 2022
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Lot 1224

Estimate: 10 000 GBP
Price realized: 15 000 GBP
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Alawi Sharifs of Morocco, Muhammad III AV 10 Mitqals. Madrid mint, dated AH 1201 = AD 1786. "'am 1201" (Year 1201) in Arabic / "zarb bi-madrid" (struck in Madrid) in Arabic. Album -; KM PnA1; Friedberg 4. 16.69g, 24mm, 12h.

Near Extremely Fine. Very Rare.

From the collection of GK;
Ex Münzenonline Live Auctions, Auction 11, Part 1, 25 October 2019, lot 129.

The first machine-struck coin of Morocco. This coin, which was not produced as a pattern, but for circulation, immediately went into decline. The minting of 10,000 pieces was established by royal decree on January 13, 1787, but these were delivered late, after the death of Muhammad III. The new sovereign did not want to circulate a coin emblazoned with the name of his predecessor. Moreover, it was not accepted by the population who did not look favourably on a coin minted in Madrid, given the strained relations between the two countries during that time. About 10-15 pieces remain today and therefore constitutes a coin of great importance.
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