Auction "coin" the world's rarest for more than 1.6 million pounds

One of the world's rarest coins is about to be auctioned for £ 1.6 million. The Umayyad gold dinar dates from 723AD and is owned by C...


One of the world's rarest coins is about to be auctioned for £ 1.6 million.

The Umayyad gold dinar dates from 723AD and is owned by Caliph. It was one of the successors of the Prophet Muhammad. This coin has some Islamic inscriptions and is the size of a modern British pound.

As expected, the coin will be sold to Morton & Eden auction houses in London. The person who gave the estimate before selling the highest from 1.4 to 1.6 million pounds. The words on the coin were translated as "The Gold Mine belongs to the Leader of Faith". It is believed that this alluded gold mine is located between the City of St. Makka and al-Madina, in western Saudi Arabia today.



The front of rare gold coin. (Photo: DM)

Before the mine was owned by Caliph, the previous owner bought it directly from the Prophet Muhammad to increase the importance of the coin.

According to DailyMail, today, only about a dozen coins like this are known. Almost all belong to large private collections or international museums.

This is only the second currency ever launched at a public auction.


The back of rare gold coins. (Photo: DM)

"It is not only beautiful and rare, but also one of the most important historical documents," said Stephen Lloyd, an expert on Islamic coins at the auction house.

"Scholars have located the Ma'din Bani Sulaim gold mine, located northwest of Mecca City," he said. Gold has been mined in this area for thousands of years and it still works. "

The official coin auction will take place on October 24.

 Source: DailyMail
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High Tech Brain: Auction "coin" the world's rarest for more than 1.6 million pounds
Auction "coin" the world's rarest for more than 1.6 million pounds
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