1950 1370AH SAUDI ARABIA King Saud Silver OLD Riyal Ornate Arabic Coin i97008

Description

Item:
i97008
Authentic Coin of:
Saudi Arabia under Abd al-Azīz – 23 September 1932 – 9 November 1953
1950 (AH 1370)
Silver Riyal 29mm (
11.62
grams) 0.917 Silver (0.342 oz. ASW)
Reference: KM# 18 (1935-51)
ملك المملكة العربية السعودية عبد العزيز بن عبد الرحمن السعود , Inscription within beaded circle, legend above, crossed swords below within design flanked by palm trees.
ريال عربي سعودي واحد ضرب في المكرمة مكة ١٣٧٠ ١ , Inscription within beaded circle, legend above, value below within design flanked by palm trees.
You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.
Abdulaziz ibn Abdul Rahman ibn Faisal ibn Turki ibn Abdullah ibn Muhammad Al Saud
(Arabic: عبد العزيز بن عبد الرحمن بن فيصل بن تركي بن عبد الله بن محمد آل سعود‎,
Abd al-‘Azīz ibn ‘Abd ar-Raḥman Āl Sa’ūd
; 15 January 1875 – 9 November 1953), usually known within the Arab world as
Abdulaziz
and in the West as
Ibn Saud
, was the first monarch and founder of Saudi Arabia, the “third Saudi state”.
He reconquered his family’s ancestral home city of Riyadh in 1902, starting three decades of conquests that made him the ruler of nearly all of central and north Arabia. He consolidated his control over the Najd in 1922, then conquered the Hejaz in 1925. He extended his dominions into what later became the Kingdom of Saudi Arabia in 1932. As King, he presided over the discovery of petroleum in Saudi Arabia in 1938 and the beginning of large-scale oil production after World War II. He fathered many children, including 45 sons, and all of the subsequent kings of Saudi Arabia.
Ibn Saud was able to gain loyalty from tribes near Saudi Arabia, tribes such as those in Jordan. For example, he built very strong ties with Prince Rashed Al-Khuzai from the Al Fraihat tribe, one of the most influential and royally established families during the Ottoman Empire. The Prince and his tribe had dominated eastern Jordan before the arrival of Sharif Hussein. Ibn Saud supported Prince Rashed and his followers in rebellion against Hussein.
Prince Rashed supported Izz ad-Din al-Qassam’s defiance in 1935 which led him and his followers in rebellion against Abdullah I of Jordan. In 1937, when they were forced to leave Jordan, Prince Rashed Al Khuzai, his family, and a group of his followers chose to move to Saudi Arabia, where Prince Rashedi lived for several years in Ibn Saud’s hospitality.
Saudi Arabia
, officially the
Kingdom of Saudi Arabia
(
KSA
), is a sovereign Arab state in Western Asia constituting the bulk of the Arabian Peninsula. With a land area of approximately 2,150,000 km
2
(830,000 sq mi), Saudi Arabia is geographically the fifth-largest state in Asia and second-largest state in the Arab world after Algeria. Saudi Arabia is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain and the United Arab Emirates to the east, Oman to the southeast and Yemen to the south. It is separated from Israel and Egypt by the Gulf of Aqaba. It is the only nation with both a Red Sea coast and a Persian Gulf coast and most of its terrain consists of arid desert droughts and mountains.
The area of modern-day Saudi Arabia formerly consisted of four distinct regions: Hejaz, Najd and parts of Eastern Arabia (Al-Ahsa) and Southern Arabia (‘Asir). The Kingdom of Saudi Arabia was founded in 1932 by Ibn Saud. He united the four regions into a single state through a series of conquests beginning in 1902 with the capture of Riyadh, the ancestral home of his family, the House of Saud. Saudi Arabia has since been an absolute monarchy, effectively a hereditary dictatorship governed along Islamic lines. The ultraconservative Wahhabi religious movement within Sunni Islam has been called “the predominant feature of Saudi culture”, with its global spread largely financed by the oil and gas trade. Saudi Arabia is sometimes called “the Land of the Two Holy Mosques” in reference to Al-Masjid al-Haram (in Mecca) and Al-Masjid an-Nabawi (in Medina), the two holiest places in Islam. As of 2013, the state had a total population of 28.7 million, of which 20 million were Saudi nationals and 8 million were foreigners. As of 2017, the population is 33 million. The state’s official language is Arabic.
Petroleum was discovered on 3 March 1938 and followed up by several other finds in the Eastern Province. Saudi Arabia has since become the world’s largest oil producer and exporter, controlling the world’s second largest oil reserves and the sixth largest gas reserves. The kingdom is categorized as a World Bank high-income economy with a high Human Development Index and is the only Arab country to be part of the G-20 major economies. However, the economy of Saudi Arabia is the least diversified in the Gulf Cooperation Council, lacking any significant service or production sector (apart from the extraction of resources). The state has attracted criticism for its treatment of women and use of capital punishment. Saudi Arabia is a monarchical autocracy, has the fourth highest military expenditure in the world and SIPRI found that Saudi Arabia was the world’s second largest arms importer in 2010-2014. Saudi Arabia is considered a regional and middle power. In addition to the GCC, it is an active member of the Organisation of Islamic Cooperation and OPEC.
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