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25 Riyals - Rashid Gamal Abdel Nasser

Issuer Government of Ajman
Year 1970
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Orientation Coin alignment ↑↓
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Obverse script Arabic, Latin
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Edge Reeded
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Additional information

Ajman, smallest of the Trucial States with a population barely exceeding 4,000 at the time, issued this coin in the year Nasser died — the same year the UAE federation was still two years from formation. The Trucial rulers had no monetary authority in any practical sense; the Qatar and Dubai Riyal circulated locally, and these gold issues were produced almost entirely for the international collector and investor market, not circulation.

Nasser's death in September 1970 triggered a wave of commemorative issues from small Gulf states eager to capture that market.

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