5 Dinars (1st Oil Shipment) 1996 front 5 Dinars (1st Oil Shipment) 1996 back
5 Dinars (1st Oil Shipment) 1996 photo
© Bluetune (CC BY-NC-SA)

5 Dinars 1st Oil Shipment

1996 year
Silver (.925) 28.28 g 38.61 mm
Description
Issuer
Kuwait
Emir
Jaber III al-Ahmad al-Sabah (1977-2006)
Type
Non-circulating coin
Year
1996
Value
5 Dinars 5 KWD = USD 16
Currency
Dinar (1960-1990 and 1991-date)
Composition
Silver (.925)
Weight
28.28 g
Diameter
38.61 mm
Shape
Round
Technique
Milled
Updated
2024-10-06
References
Numista
N#100676
Rarity index
92%

Reverse

Oil well and tanks

Scripts: Arabic, Latin

Lettering:
State of Kuwait دولة الكويت
50th Anniversary of Exporting 1st Oil Shipment

Interesting fact

The 5 Dinars (1st Oil Shipment) 1996 coin from Kuwait is unique in that it was minted to commemorate the country's first oil shipment, which was a significant milestone in Kuwait's history. The coin's design features an image of an oil tanker, symbolizing the country's dependence on oil exports. Additionally, the coin's silver content and weight make it a valuable collector's item for numismatists.