Heritage World Coin Auctions
Long Beach Signature Sale 3035 3-5 September 2014
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Saudi Arabia
Abd Al-Aziz bin Sa'ud gold 4 Pounds ND (1945-46) MS61 NGC, Philadelphia mint, KM34. Luminous honey-golden surfaces with minor surface abrasions. These bullion coins, struck in Philadelphia, are based on the British Sterling system and weigh the equivalent of four gold Sovereigns. Used by the US as payment to the Saudi Arabian government for oil, a significant amount of these pieces were eventually melted, making those that survived highly collectible.
Estimate: 2400-2600 USD
Abd Al-Aziz bin Sa'ud gold 4 Pounds ND (1945-46) MS61 NGC, Philadelphia mint, KM34. Luminous honey-golden surfaces with minor surface abrasions. These bullion coins, struck in Philadelphia, are based on the British Sterling system and weigh the equivalent of four gold Sovereigns. Used by the US as payment to the Saudi Arabian government for oil, a significant amount of these pieces were eventually melted, making those that survived highly collectible.
Estimate: 2400-2600 USD