Moneta
Registered: August 2005
Location: Arizona USA
Posts: 2,368
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This 3 or 4 year type, before the portrait coin design, is first seen with the date AH 1320, but this is considered a possible pattern and is very scarce. This piece is particularly interesting and significant because is was struck by the U.S. Mint post the 1933 gold ban; this 1943 date ONLY [AH1322]. Listed as Bullion Value in KM VF & below you will find it hard not to pay a high premium on this coin with a U.S. mintage report of 16,053. This coin will be mentioned in my article on the Saudi/ARAMCO gold discs. Similar coins were struck in the 1/2 Pahlavi denomination [mintage: 89,108]
The Philadelphia mint coined gold Pahlevis (16,053) and half-Pahlevis (89,108) for Iran in 1943, as shown by The Report of the Director of the Mint for 1943. This report referred to this coin in a footnote and
stated: "These coins are objects of value, rather than a circulating medium." This was the same description used to describe the Saudi Arabia (ARAMCO) 1 & 4 Pound (Sovereigns) at the Philly mint. They were also illegal product of the US Mint due to the ban of 1933. The US Mint used this description to disassociate these pieces from coins. Both were necessary to US policy during, and following, World War II.
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