1000 Dirhams / 10 Riyals - Khālid III Simon Bolivar, Reverse Trial

Sharjah's early commemorative program was among the most aggressively speculative in the Trucial States, issuing coins explicitly for the international collector market rather than circulation — a strategy that drew sustained criticism from the numismatic press throughout the early 1970s. This piece is a reverse trial, struck from the production die of KM#5 but on a silver-plated rather than silver flan, placing it outside the regular issue entirely.

The Bolívar connection is entirely commercial: Sharjah licensed foreign historical subjects with no geographic or political relationship to the emirate, pairing them with inflated face values to manufacture artificial prestige.