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5 Dinars 1st Oil Shipment
| Issuer | Central Bank of Kuwait |
|---|---|
| Year | 1996 |
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| Composition | Log in to see details |
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| Technique | Milled |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Arabic, Latin |
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| Reverse description | Within a recessed inner circle at the centre of the field, a tall oil derrick (drilling rig) is depicted in detailed relief, flanked to the left by a large modern high-rise building and to the right by a group of cylindrical oil storage tanks of varying sizes, evoking Kuwait's petroleum industry infrastructure. The bilingual legend around the upper rim reads 'State of Kuwait' in Latin script to the left and 'دولة الكويت' in Arabic script to the right. Along the lower portion of the border, the commemorative inscription in Latin script reads '50th Anniversary of Exporting 1st Oil Shipment', following the curve of the coin. |
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| Additional information |
Kuwait resumed oil exports in late 1991 after Iraqi forces, retreating from the Gulf War, set fire to over 700 Kuwaiti oil wells in one of the largest deliberate environmental catastrophes on record. The first post-liberation oil shipment became a politically significant moment, and this commemorative was issued years later to mark it — the delay between event and coin not unusual for Kuwait's commemorative program, which has often honored milestones retrospectively.
Struck to the same 28.28g/.925 standard shared by Commonwealth commemoratives of the period, it was almost certainly produced by a contracted European or British mint rather than domestically.