100 Riyals Central Bank, 2nd Issue

Qatar's second central bank gold issue appeared during a period of extraordinary sovereign wealth accumulation — the mid-2000s LNG export boom was pushing per-capita GDP figures that made Qatar's economic position almost without precedent for a state of its size. These pieces were struck in limited quantities as prestige issues rather than circulating currency, a pattern the Qatar Central Bank followed consistently for its gold denominations. KM#18 is sparsely documented in Western auction records, suggesting most examples remained in Gulf collections and never reached international numismatic markets.