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Is this a Libyan gold coin or simply a medallion?
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<p>[QUOTE="01Mia, post: 2669344, member: 85825"]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.</p><p>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. </p><p>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.</p><p><br /></p><p>Hope this helps.[/QUOTE]</p><p><br /></p>
[QUOTE="01Mia, post: 2669344, member: 85825"]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.[/QUOTE]
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