5 Dinars Arabic legend, without flags

Tunisia's first gold coinage as an independent republic, this issue emerged from the Banque Centrale de Tunisie just seven years after France relinquished the protectorate. The without-flags variety distinguishes it from the earlier transitional type, reflecting a deliberate revision to the design shortly after initial production — the flags had carried associations with the independence movement that the newly consolidated Bourguiba government was quietly stepping back from in official iconography.

Struck to a fineness matching French Latin Monetary Union standards, almost certainly to ease acceptance in international settlement. The KM#321 designation covers both date varieties across the three-year production window.