Qatar 1987 50 dirhams

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Steve Album sale 30, lot 953
Qatar SA30-953r.jpg
from the Mountain Groan Collection
Qatar 1987 50 dirhams rev DSLR.jpg

This specimen was lot 953 in Stephen Album sale 30 (Santa Rosa, CA, January 2018), where it sold for $282. The catalog description[1] noted, "QATAR: 50 dirhems, 1987/AH1407, PCGS Specimen pop-1/6, total 7, PCGS graded Specimen 65, ex King's Norton Mint Collection." The region, on the south coast of the Persian Gulf, was loosely ruled by the Ottoman Turks until the arrival of the British in the 1890's. The British signed treaties with the local sheikhs and the area was renamed the Trucial States, which name it held until the British withdrawal in 1971. Dubai joined the UAE while Qatar chose to become independent. The economy is entirely dependent on oil. This type was struck intermittently 1973-98 and all dates are common.

Recorded mintage: unknown but common.

Specification: 6.5 g, copper-nickel, 25 mm diameter.

Catalog reference: KM 5.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 30, featuring the George Anderson Collection of Tibetan Coins, the Dr. John W. Lund Collection of Swedish Coins and the Mike Edwards Collection, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2018.

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