Catalog
50 Fils Gold
| Issuer | Central Bank of Kuwait |
|---|---|
| Year | 1987 |
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| Currency | Dinar (1960-1990 and 1991-date) |
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| Obverse description | Central to the design is the denomination numeral '50' in Eastern Arabic script, enclosed within a raised circle in the field. The legend 'الكويت' (Kuwait) arcs above the central circle in Arabic script, while the English transliteration 'KUWAIT' is inscribed below in Latin characters. The overall design is clean and geometric, consistent with the modernist aesthetic of Kuwaiti coinage of the period. |
|---|---|
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| Edge | Reeded |
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| Additional information |
Kuwait's 1987 gold coinage was issued by the Central Bank during a period of acute financial stress — the country was still absorbing the economic shockwaves of the tanker war phase of the Iran-Iraq conflict, which had directly threatened Kuwaiti shipping and prompted U.S. naval escorts through the Gulf. Gold issues from this period served the bullion and collector markets rather than circulation, with mintages kept deliberately tight. The .9167 fineness places this squarely in the 22-karat standard favored across Gulf state issues of the era.