Afghanistan-Ghaznavid AH432 dinar

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Stephen Album sale 16, lot 432

The Ghaznavids were a Turkic people who served as slaves in the army during the Samanid empire and upheld orthodox Sunni Islam. As the latter declined in the late 900’s AD, the slave commanders took control of areas on the fringes of the Samanid empire, one of them being the area around Ghazni, Afghanistan. They eventually controlled parts of Pakistan, Iran, Afghanistan, Uzbekistan, and India. They weakened after prolonged conflict with the Ghorids (despite a productive alliance with the Seljuqs), losing Afghanistan and Iran by 1150 AD. They hung on until 1186 in Lahore Pakistan, when they were defeated by Khusrau Malik.

The specimen shown was lot 432 in Steve Album sale 16 (Santa Rosa, CA, May 2013), where it did sold for US$420. The catalog description reads[1]:
"GHAZNAVID: Mawdud, 1041-1048, AV dinar, Ghazna, AH432, despite one normal flan-crack, this is the best struck dinar of Mawdud we've seen in many many years, choice EF, R."

Recorded mintage: unknown.

Specification: 4.53 g, gold.

Catalog reference: A-1625.


  • Album, Stephen. Checklist of Islamic Coins. Santa Rosa, 1998. Stephen Album.
  • [1]Album, Stephen. Stephen Album Rare Coins - Auction 16. Santa Rosa, 2013. Stephen Album Rare Coins.
  • Mitchiner, Michael. Oriental Coins and their Values - The World of Islam. London, 2000. Hawkins Publications.

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