Catalog
| Issuer | Ajman |
|---|---|
| Year | 1970 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| In circulation to | 1973 |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Arabic, Latin |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Reverse lettering | ★ LENIN ★ OE. 100 RIYALS |
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| Additional information |
Ajman, smallest of the seven Trucial States, issued a series of gold commemoratives in the late 1960s and early 1970s that were never intended to circulate — produced almost entirely for the international collector and bullion market before the UAE federation dissolved the individual states' issuing authority in 1972. This piece honoring Lenin was part of a notably eclectic run from a sheikhdom with a population then measured in the low thousands, whose ruler Sheikh Rashid bin Humaid al-Naimi discovered that coin sales to foreign dealers generated revenue that dwarfed anything the local economy could produce.
The pairing of a Gulf Arab emirate with Soviet iconography raised eyebrows at the time and still does.