Another Mystery from Kuwait

Another lesser known coin is the 5 Dinars of the “Emirate of Kuwait” dated 1961, of which reportedly 1,000 pieces were struck in 0.916 gold. Not very much is known about it, and no recent (if any) public sales records involving such a piece. It was probably never issued, and it is speculated that most of the mintage has been melted while a mere handful of specimens made it to private hands. In the “Guidebook and Catalogue of British Commonwealth Coins (3rd. Edition1, 1971), they report the coin’s “values” at £60 for an XF, £65 in UNC, and £80 in BU, which is odd considering the unavailability of public sales records. Any further information would be appreciated.

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