Is this a Libyan gold coin or simply a medallion?

Discussion in 'World Coins' started by durianfish, Dec 7, 2009.

  1. durianfish

    durianfish Junior Member

    A client of mine has asked for a valuation of his world coin collection - I've covered all of it with ease apart from this little jasper. From what I can see it looks to be a commemorative medallion from Libya, although for all I know it could be a coin, despite the fact it isn't listed in Krause.

    Technical details are as follows:

    Rose gold appearance, therefore presumably struck from a 0.9170 alloy
    Weighs in at 16.06g; 28.50mm diameter; 2mm thick
    Vertical milling around the edge
    Obverse: bust of Colonel Gaddaffi facing to right, dates (1969 and 1979) in Arabic script either side, one line of Arabic script below
    Reverse: building on top of ridge, 2 lines of Arabic script below

    Images:

    [​IMG]
    [​IMG]

    I presume it's going to be a commemorative struck for the 10th anniversary of the Libyan republic (their revolution was in 1969), but I'm blowed if I can find any information of substance on it at all. It certainly is interesting, if only for the fact it features the portrait of Gaddaffi (he is not depicted on the Libyan circulating coinage).

    Has anyone seen one of these before? Any information would be appreciated.

    Regards,

    Andrew
     
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  3. Romanold

    Romanold Junior Member

    it looks like to X# 5 from Krause Unusal Coins ... though weight and diameter vary a bit. and yes - it's issue dedicated to 10 years jubilee of revolution
     
  4. Harfoush

    Harfoush Junior Member

    Yes its definiltely a jubilee.....

    Cheers,
     
  5. fretboard

    fretboard Defender of Old Coinage!

    I was under the impression those coins are only silver plated, am I wrong?
     
  6. willieboyd2

    willieboyd2 First Class Poster

    I wonder why he using AD (Christian) dates and not AH (Moslem) dates.

    :)
     
  7. fretboard

    fretboard Defender of Old Coinage!

    The website below is looking for Libya's only gold coin, I guess there was only 4,000 minted. Whether Gaddafi lives or dies the coin is worth some big money right now but I don't know how much. I wonder if the mess in Lybia started this company's quest to get Lybia gold or if they've always been looking, anyone know? Anyone have gold Lybia coin?

    http://www.taxfreegold.co.uk/libya.html
     
  8. 01Mia

    01Mia New Member



    Yes Andrew, this is a coin. Gaddaffi ordered these to be minted 1979 for his 10th anniversary of the Great Jamahiria revolution on the 1st September 1969. The majority of these coins are in a vault that no one has the code for. The plan is to break into the vault (not an easy task) remove the gold, melt it all because it contains the bust of the dictator and use the money for the Country now ravaged by civil war. Regardless of which side may appropriate themselves to the gold in the vault, the result will be the same, they will be melted for the ore.
    Which comes to say that after that is done the very few coins left will be quite valuable from a collector's point of view as well as historic.
    One side has depicts the Italian-built colonial fortress where the dictator gave his first speech in Sabha and the other side has the bust of Gadaffi in military uniform. "The Great Populist Socialist Republic" is etched on it and it weighs 16 to 28 grams.

    Hope this helps.
     
    serafino likes this.
  9. Ken purdy

    Ken purdy New Member

    Hi
    I have a set of gold and silver Gaddafi 10 th anniversary coins in a small presentation
    Box . I would like to get these valued and then insured, I would be grateful if anyone
    Could help .
    Many Thanks
    Ken purdy
     
    Last edited by a moderator: Dec 19, 2018
  10. Sadidik

    Sadidik New Member

    Hi.
    I have such a gold coin (also silver, but larger in diameter), with the above parameters. Do you already know its face value?
    What gold is it made of - how many carats?
    Thank you
    Sadidik
     
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