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5 Riyals - Rashid Gamal Abdel Nasser

Issuer Government of Ajman
Year 1970
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Technique Milled
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Obverse script Arabic, Latin
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Edge Reeded
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Additional information

Ajman, smallest of the Trucial States, had no meaningful monetary infrastructure and issued coins almost entirely for the international collector market. These 1970 silver pieces — produced while the Trucial States were still nominally under British protection and just over a year before UAE federation — were struck at foreign mints and never saw circulation in the emirate itself. The Nasser commemorative was issued posthumously; Nasser died in September 1970, and Ajman moved quickly alongside several other minor Gulf states to capitalize on collector demand for memorial issues.