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5 Dinars 1st Kuwaiti Coin
| Issuer | Central Bank of Kuwait |
|---|---|
| Year | 2016 |
| Type | Log in to see details |
| Value | 5 Dinars |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Arabic/Latin |
| Obverse lettering | إصدَار تذكَارِي بمُنَاسَبَة مُرور ١٣٠ عَاماً عَلَى أوَّل عُملة مَعدَنيَّة كُوَيتيَّةٍ `بيزَة` ١٨٨٦-٢٠١٦ ضرب في ١٣٠٤ الكويت دولة الكويت STATE OF KUWAIT دَولة الكُويت (Translation: Commemorative issue for the occasion of the 130th anniversary of the first Kuwaiti currency coin `Pice` 1886-2016 Struck in 1304 Kuwait State of Kuwait) |
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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.