1964 SHARJA United Arab Emirates JOHN F KENNEDY Old Silver 5 Rupees Coin

Description

1964 SHARJA United Arab Emirates
JOHN F KENNEDY COMMEMORATIVE
Old Silver 5 Rupees Coin
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Features
Location
Sharjah
(United Arab Emirates)
Type
Fantasy items ›
Fantasy currency
Year
1964
Value
5 Rupees
Composition
Silver (.720)
Weight
25 g
Diameter
36 mm
Thickness
2.6 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Number
N#
14099
References
X
# 1
Commemorative issue
First Memorial of US President John F. Kennedy
Obverse
Sharjah National Arms. They both have the silver fineness at the bottom, left one in English numbers and right one in Arabic numbers. With Emirate name on top and value at the bottom in both English and Arabic
Scripts:
Arabic, Latin
Lettering:
حكومَة الشارقة
720 ٧٢٠
5 RUPEES OF SHARJAH ٥ روبيَات الشارقة
Translation:
State of Sharjah
720
5 Rupees of Sharjah
Reverse
Portrait of US President John F. Kennedy facing left, with "CR" mark below the neck, and legend and date all around, both in English and Arabic
Scripts:
Arabic, Latin
Lettering:
· MEMORIAL OF JOHN F. KENNEDY 1964 ·
تذكار رجل السلام العالمي - جون ف. كندِي ١٩٦٤
CR
Translation:
Memorial of John F. Kennedy 1964
Memorial of World Peace Man - John F. Kennedy 1964
CR
Edge
Smooth
Mint
Monnaie de Paris
, Paris (and Pessac starting 1973), France (864-date)
Comments
History:
- This coinage was ordered by the ruler of Sharjah, Sheikh Saqr III bin Sultan Al Qasimi who, according to the British, had no authority to issue it
- Apart from the word “proof” appearing on the proof issue coins, the surfaces of the two issues (normal and proof) are of exactly the same quality
- The whole issue was sold to a US commercial group, and a retail price of .95 was set for the circulation pieces. The “proofs” were sold for each. The 5 Rupees were equal to .05
- There was no indication that any of these coins entered circulation in Sharjah
- Gulf Rupee was the currency of the trucial states between 1959-1966 in the form of paper money issued by the Government of India
- In June 1965, Sheikh Saqr III bin Sultan Al Qasimi was banished by the British into exile, and he stayed in Cairo, Egypt
- It was issued before the ban on heikh Saqr III bin Sultan Al Qasimi, who ordered the minting of the coin.
- On 6 June 1966, India devalued the rupee. To avoid following this devaluation, several of the states using the rupee adopted their own currencies. Qatar and most of the Trucial States adopted the Qatar and Dubai riyal, while Abu Dhabi adopted the Bahraini dinar. Only Oman continued to use the Gulf rupee, until 1970, with the government backing the currency at its old peg to the pound. Oman replaced the Gulf rupee with its own rial in 1970