(1947) Saudi Arabia Gold Pound - Struck at the U.S. Mint for ARAMCO - PCGS MS 64 (Top Pop) T-28 Perfect for the Holidays

Perfect for the Holidays

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(1947) Saudi Arabia Gold Pound - Struck at the U.S. Mint for ARAMCO - PCGS MS 64 (Top Pop) T-28 Perfect for the HolidaysIn 1947 Aramco needed gold pieces to pay Saudi royalty for oil. The discs were officially never designated coins by the U. S. Mint which struck them. They have the same gold content as a British Sovereign and are sometimes referred to as the American Sovereign. These have steadily increased in value over the years. A 64 (just 4 graded with none higher) for this coin is a very respectable high grade as the majority are 62s.