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The obverse centres on a raised bronze insert depicting an enlarged rendition of the original 1886 Kuwaiti Pice coin (AH 1304), bearing Arabic legends and a beaded border, set within the gold-plated silver field. Surrounding the central insert, an Arabic commemorative legend curves around the upper portion of the field, reading the full commemorative inscription marking the 130th anniversary of the first Kuwaiti currency coin. The date span '١٨٨٦-٢٠١٦' (1886–2016) is inscribed along the left side of the field. At the lower portion of the obverse, the State of Kuwait emblem — a falcon bearing a shield with a traditional dhow — appears centrally flanked by the legends 'STATE OF KUWAIT' in Latin script to its left and 'دَولة الكُويت' in Arabic to its right. |
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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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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.