- The Gold Dinar, Which Goes Back to 723AD & It Carries Islamic Inscriptions.
- This Rare Coin has the Same Size of a Modern Day British £1 Coin.
- It is Set to Sell with Auctioneers Morton and Eden in London on October 24.
One of the most rarest coin in the world goes to sell at auction for an incredible amount of money “£1.6 Million”.
Umayyad gold dinar which goes back to 723AD and was made from a gold mined at location owned by the Caliph – on of the successors to the Prophet Muhammad.
This rare coins carries numbers of Islamic Inscriptions and the size of this rare coin is the same as the modern day British £1 coin.
The text written on coin translates as “Mine of the Commander of the Faithful.”.
It is also believed that the mine is located between the Holy Cities of Makka and Al-Madina, in the west of present day Saudi Arabia.
Its very rare coin, and only about a dozen of these coins are known today, and almost all are now held in private collections or major international museums.
This is the only example ever offered at the public auction.
Stephen Lloyd, An Islamic Coin Specialist, Said: “This Coin is Fabulous. Not only is it beautifully preserved and an astonishing rarity but it is also an important historical document.
‘Scholars have identified the site of the mine itself as Ma’din Bani Sulaim, Located north-west of the holy City of Mecca.
‘Gold has been mined in this region for thousands of years, and the site is still worked today.’
This rare coin sale took place on October 24.