2 Dinars - Sabah III 15th National Day

Kuwait's 15th National Day fell in 1976, fifteen years after the 1961 declaration of independence from British protection — not, as sometimes assumed, from full colonial rule. The sheikdom had retained internal autonomy throughout the protectorate period, making the independence moment largely a formality of foreign relations rather than a domestic rupture. Sabah III, who had served as prime minister before acceding to the amirate in 1965, authorized a limited commemorative program through the Central Bank that produced this as one of the earliest Kuwaiti silver issues struck for the collector market.

The .500 fineness is notably low for a prestige commemorative, a choice driven by silver price volatility in the mid-1970s following the collapse of the Bretton Woods system.