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The E-Sylum:  Volume 9, Number 39, September 24, 2006, Article 25

ARAB NEWS ARTICLE ON COLLECTOR OF MIDDLE EASTERN CURRENCY

I learned a couple things about Middle Eastern currency from a
September 23 article in the Arab News:

"How many people know that Indian currency was in use in Arabian
Gulf countries (except Saudi Arabia) in the 1950s and the beginning
of the 1960s? In fact, the use of Indian tender was so widespread
in Oman, Bahrain and Qatar that specific serial numbers were assigned
to notes to signify that they were put into circulation in the Gulf
rather than India. Sageer has a collection of such notes that have
printed on them a tiny “Z” to indicate they were intended for use
in the region. Sageer also has some 1,000-rupee notes that were
withdrawn from circulation in 1977."

"He has Saudi five-riyal notes from 1977 with a grammatical error —
a missing dot over the Arabic script — which states that the note is
worth “hassa” (“to lessen, reduce, or diminish in value”) instead
of “hamsa” (“five”). Another two-riyal note misstates the name of
the Saudi Arabian Monetary Agency. He has rupees from the 1950s
with similar mistakes in Urdu."

To read the complete article, see: Full Story

  Wayne Homren, Editor

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