NGC Certifies Historic Islamic AH77 Umayyad Dinar Gold Coin

by CoinNews.net on October 9, 2019 · 4 comments

Numismatic Guaranty Corporation® (NGC) has certified an extremely rare and historically important Islamic coin struck in the Seventh Century.

AH77 Umayyad Dinar, graded NGC AU 53

This AH77 Umayyad Dinar is now graded NGC AU 53. Due to the historical significance of this coin, as well as the low number of survivors known today, examples are highly sought after and regularly sell for over $200,000. (Images courtesy of Numismatic Guaranty Corporation (NGC))

The Umayyad Dinar is dated AH77, the Islamic calendar equivalent of 696 AD, and was struck under the fifth Umayyad caliph, Abd al-Malik ibn Marwan.

Caliph Marwan is an important figure in Islamic history because he was among the first generation of born Muslims and, as a leader, he established a single Islamic currency and installed Arabic as the language of the bureaucracy in what is now Syria and Iraq.

This AH77 Umayyad Dinar, which is now graded NGC AU 53, was likely minted in Damascus. It was struck from the same dies as the specimen that has been held in the collection of the British Museum since 1874.

"This rarity is truly exceptional," said Mark Salzberg, NGC Chairman and Grading Finalizer. "Its condition is outstanding and its history is extremely interesting. NGC is honored to have been entrusted to certify it."

The coin is particularly important because it is the first coin to focus on the tenets of Islam rather than being issued on behalf of or in honor of a political leader or dynasty. It also features the Shahada, the Islamic creed that is one of the Five Pillars of Islam and translates to

"There is no God except Allah and Muhammad is His Messenger."

Only a handful of these coins are known to exist, and they are highly sought after because of their rarity and historical significance. Examples routinely sell for more than $200,000.

This particular piece is remarkably well preserved considering its age, and even retains some of its original mint luster. It is expected to attract spirited bidding when it is offered at the January 2020 Heritage Auctions NYINC sale.

"We are thrilled to present this rare and historic coin," said Cristiano Bierrenbach, Executive Vice President at Heritage Auctions. "NGC’s expert authentication and grading will undoubtedly give our bidders greater comfort, maximizing the results for our consignor."

NGC has certified more than 44 million coins. Founded in 1987, the company provides accurate, consistent and impartial assessments of authenticity and grade. For more information about NGC and its grading services, visit NGCcoin.com.

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joeraSeth RieslingScott Garcia Recent comment authors
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Seth Riesling
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Seth Riesling

Notice that even though the slab label has enough room on it for more information, NGC “forgot” to put that this is a gold coin or its fineness on it.

NumisdudeTX

Scott Garcia
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Scott Garcia

Who cares? This is an absolute rarity. The gold content or purity is irrelevant on the holder.

Seth Riesling
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Seth Riesling

Scott Garcia –

I did not say this is not a rare coin. I pay third party authentication/grading services a good fee for full, correct info on the slab label, including the metal alloy and fineness of a gold coin like this (4.24 grams of what alloy?). There is more than enough room for more important numismatic info on the labels. Saying something like “of course it’s gold” doesn’t make the cut!

NumisdudeTX

joera
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joera

I sometimes wonder about other coins that do not have all the useful information on the slabs. It should be on there at least on the silver and gold.