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Christmas in July: Heirloom Jewelry Auction Closed (#13483269)

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22K & 18K Gold Coin Bracelet

  Lot # JU674
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Details
Lot # JU674
System ID # 13543778
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Description

22K & 18K Gold Coin Bracelet
A 1950's 18K Solid Gold Bracelet with 22K Saudi Gold Guinea Coins and Contrasting Green and Blue Guilloche Style Enamel.

  • Bracelet Marked AL1586
  • Stamped with 750 Mark (18K)

This coin features three GOLD 1950 Guinea Coins:
1950 Saudi Arabia United Kingdoms
One Guinea Gold Coin
KM# 36.
Composition: Gold
Fineness: 0.9170 (22kt Gold)
Weight: 7.9881g
AGW: 0.2355oz

Condition:
Good, As Shown. No Damage.

Size:

  • 66.20 grams (2.128379 Troy Ounces)
    18K Bracelet Alone: 42.2357g
    22K Coin Weight: 23.9643g

8" Length
1.12" Wide

About the Gold Coins:
Following World War II, the British sovereign issue was popular for trade in the Middle East, even though the British government had all but abandoned the gold coin. High demand and low supply created an incentive for counterfeiters, some of whom argued that it was acceptable to copy a coin that was no longer being struck for circulation. 

Saudi Arabia also took steps to address the preference in Middle East commerce for the sovereign. Saudi Arabia struck guinea coins that matched the specifications of the sovereign: 22mm in diameter, with a weight of just under 8g and 0.917-fine gold (22kt). Saudi Arabia guineas bear two Islamic calendar years, AH1370 or AH1377, which correspond to the Western calendar years of 1950 and 1957, respectively.