(1947) Saudi Arabia Gold Pound - Struck at the U.S. Mint for ARAMCO - Uncirculated Fr. 1507 Model 1894 Grade No

Model 1894 Grade No

Very Good Condition

Diagnostics: Quickest diagnostic are the fine vertical lines visible in front of Liberty's throat

All silver is still sharply in demand and

Faces up as Choice Fine to Nominal Very Fine but at some point the reverse was stamped with 549

(1947) Saudi Arabia Gold Pound - Struck at the U.S. Mint for ARAMCO - Uncirculated Fr. 1507 Model 1894 Grade NoIn 1947 Aramco needed gold pieces to pay Saudi royalty for oil. The discs were officially never designated coins by the U. S. Mint which struck them. They have the same gold content as a British Sovereign and are sometimes referred to as the American Sovereign. These have steadily increased in value over the years.