Catalog
5 Dinars 1st Kuwaiti Coin
| Issuer | Central Bank of Kuwait |
|---|---|
| Year | 2016 |
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| Value | 5 Dinars |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Arabic/Latin |
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| Reverse description | The reverse features a raised bronze insert at centre depicting the obverse design of the original 1886 Kuwaiti Pice, displaying an intricate interlaced Arabic calligraphic tughra-style motif enclosed within a beaded border, all set within the mirror-like gold-plated silver field. An arc of English legend curves around the upper periphery reading 'In Celebration of 130 Years Anniversary for Issuing the First Kuwaiti Currency Coin «Pice» 1886-2016'. At the lower field, the Central Bank of Kuwait seal — depicting a traditional Arabian dhow within a circular legend — is flanked to its left by '5 DINARS' in Latin characters and to its right by 'خَمسَة دَنانير' in Arabic script. |
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| Additional information |
Kuwait's first nationally issued coin appeared only in 1961, the year the country formally gained independence from Britain — before that, the Indian rupee served as the de facto currency, administered through the Persian Gulf Rupee system. This 2016 issue commemorates that numismatic origin point. The gold-plated silver with bronze insert construction places it firmly in the modern bi-metallic commemorative category, produced for the collector market rather than circulation.
KM#44 was struck at a limited mintage consistent with Central Bank of Kuwait commemorative policy, which has historically favored small runs to preserve secondary market value.