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71/2 Riyals - Rashid Bonefish

Issuer Government of Ajman
Year 1970
Type Non-circulating coin
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Obverse description At center, the state emblem of Ajman is prominently displayed in the field. Above the emblem, the denomination 7½ is inscribed in Arabic numerals within the legend. Below the emblem, a forward-facing portrait effigy of Sheikh Rashid Bin Humaid Al Nuaimi divides the dual dates, with the Hijri year 1389 appearing to the left and the Gregorian year 1970 to the right. The overall composition is framed by Arabic inscriptions denoting the denomination and state name. The design is executed in a formal, medallic style characteristic of Gulf emirate commemorative issues of this period.
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Obverse lettering ١/٢ ٧ ريال ١٣٨٩ ١٩٧٠
(Translation: 71/2 Riyals 1970 1389)
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Additional information

Ajman, smallest of the Trucial States with a population barely exceeding 4,000 at the time of issue, produced this coin not for circulation but almost entirely for the international collector market. The early 1970s saw several of the smaller Gulf sheikhdoms — Ajman among the most prolific — issuing silver pieces in denominations that bore no relationship to any functioning local currency system. The 7½ Riyals face value was essentially notional.

The bonefish subject places this within a wildlife-themed series commissioned under Ruler Sheikh Rashid bin Humaid Al Nuaimi. Ajman's issues from this period were largely handled through foreign coin dealers and Franklin Mint-adjacent operations, with actual mintages kept deliberately vague.

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