Rare half-dinar gold coin sold for BD181.
A RARE half-dinar gold coin was sold for BD181 at an online auction held at the weekend.
The coin, which belonged to Arwa bint Ahmed, the Queen of Sulayhid of the Kingdom of Yemen, was among rare banknotes dating back 941 years auctioned on Instagram.
The auction, on Saturday, of the 12 items (one coin and 11 banknotes), fetched a total of BD863, revealed organiser Arados Currencies and Antiques' Saudi Arabia regional manager Naif Alquwyaie.
"We have managed to sell a beautiful Islamic coin from the Sulayhid dynasty in Yemen during the era of Queen Arwa bint Ahmed and it's more than 900 years old," he told the GDN.
She was the first queen in Islam, and had written behind the coin the phrase, "There is no God but Allah and Mohammed is his Prophet".
She died in 1138, at the age of 90.
"We have also managed to sell one Qajari Touman (a currency during the Qajar dynasty) dating back to 1924 with the portrait of the infamous Nasserdin Shah Qajar for BD130," he added.
"We hold small auctions for beginners on Instagram and the items are considered low in price relatively but we managed to sell up to BD863 which I'm please to say is above our expectations and people's participation was very good.
"We are also working on finalising our mobile application which will be the new platform for Arados auctions."
Mr Alquwyaie also revealed that preparations are underway for the Bank Note Fair that will be held in January under the patronage of Youth and Sports Affairs Minister Aymen Almoayyed.
The auction will be held in Seef Mall, Muharraq from January 23 to 25, and will include an Islamic Ottoman Empire gold coin taken directly from the private collection of King Farouk of Egypt expected to go for more than BD6,500.
The auction will also include an original coin and pendant from the Ummaiyad and Abbasid dynasty, around 1,300 years old, which is 21K gold weighing 4.3gm along with other rare banknotes and currencies to be announced closer to the date.
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