Category Archives: Saudi Arabia

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Lesser Known History of the US Mint in Saudi Gold and Other Tales

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Seneca Mill Press LLC proudly announces release of the latest numismatic book by Roger W. Burdette, Saudi Gold and Other Tales from the Mint. America’s national numismatic journey began with tentative issues of Fugio cents in 1787 and half dismes in 1792. Over time, external events generated unexpected changes to accustomed financial and coinage systems. […]

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Foreign Coins Struck by the United States Mint: The Mint in World War II

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By Tyler Rossi for CoinWeek ….. As with during World War I, the United States Mint played a vital role in supporting the Allied powers throughout World War II. Through the 1874 Act of Congress authorizing the production of foreign coins, the Mint was able to supply 26 countries across the globe: Australia, the Belgian […]

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Unusual Items: US Mint ‘Gold Disks’ Made for Oil Payments to Saudi Arabia

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One of the things we find most exciting about reporting on the numismatic marketplace is coming across those things we either didn’t know beforehand, or finding obscure and unusual numismatic items. Just recently we came across one such item, the Gold Disks produced by the US mint for ARAMCO oil payments to Saudi Arabia after […]

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An American and Saudi Arabian Gold Coin Featured in Stack’s Bowers June World Coin Auction

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By Jeremy Bostwick – Senior Numismatist & Cataloger, Stack’s Bowers …… American interest in foreign oil supplies increased following World War I, with a focus on the Middle East in particular. The Standard Oil of California company entered into an agreement with Saudi Arabia in 1933 that would allow for the exploration of oil within […]

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Saudi Arabia Issues Its First Polymer Banknote

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By CCL Security ….. The Saudi Arabian Monetary Authority has issued the Kingdom’s first polymer banknote. The new 5 Riyal banknote uses Guardian™ polymer substrate by CCL Industries (Innovia) that is already used in over 160 denominations and commemorative banknotes around the world. Polymer was chosen, say the Saudi authorities, because it’s distinguishable for its […]

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