Fifty Dinars 1978, Coin from Bahrain - detailed information

Fifty Dinars 1978, Coin from Bahrain
CoinFifty Dinars 1978

The Bahraini Dinar was introduced as a currency in 1965, six years before Bahrain gained full independence; it replaced the Gulf Rupee at a rate of 10 rupees = 1 dinar. The Dinar is subdivided into 1,000 Fils (the singular form is also Fils); hence it is usually represented with three decimal places denoting the Fils. The 500 Fils (0.500 Dinar) coin is the largest circulating denomination.

Larger denominations have only been issued as non-circulating legal tender and are struck in precious metals. Given that the Bahraini Dinar is one of the most expensive currencies in the world, 50 Dinars is a very high denomination for a coin and has only been struck in gold.

This coin commemorates the establishment in 1973 of the Bahrain Monetary Agency (fifth anniversary, and not 50th as Krause states). As per Decree No. 64 of 2006 with respect to promulgating the Central Bank of Bahrain and Financial Institutions Law, the Bahrain Monetary Agency is now the Central Bank of Bahrain.

It is struck to proof quality and contains 0.4711 oz. AGW.

MintRoyal Mint Mintage5,000
Obverse
Bahrain / Fifty Dinars 1978 - obverse photo

Bust of the Emir, Sheikh Isa bin Salman Al Khalifa facing left, wearing a keffiyeh (traditional Arab headdress). There is no legend or other text.

Obverse Inscription (none)
Reverse
Bahrain / Fifty Dinars 1978 - reverse photo

Within a circle, the Coat of Arms of Bahrain. Around above, the date in Arabic numerals in Hijri year and in Common Era: ١٣٩٨ - ١٩٧٨; around below, the same in common numerals: 1398 - 1978.

Outside the circle, around above: country name, value and denomination in Arabic: دينار ٥٠ البحرين; around below and separated from the Arabic text by dots, the same in English: · DINARS 50 BAHRAIN ·.

Reverse Inscription ١٣٩٨ - ١٩٧٨ 1398 - 1978 دينار ٥٠ البحرين · DINARS 50 BAHRAIN ·
EdgeMilledEdge InscriptionNone
Fifty Dinars 1978: References to Information Used
Fifty Dinars 1978: Details
CountryBahrain
CurrencyBahraini Dinar
Coin TypeFifty Dinars
Issued1978
Monarchعيسى بن سلمان آل خليف (Emir Isa bin Salman Al Khalifa)
EffigyEmir Isa bin Salman Al Khalifa of Bahrain
Face Value50 (x Dinar)
Mintage5,000
CurrentYes
Material0.917 Gold
DesignerMichael Rizzello
TechnologyMilled (machine-made)
ShapeRound
OrientationSame (Medal Alignment, Axis 0 / Axis 12)
Size (mm)29.5000
Mass (g)15.9800
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Fifty Dinars 1978: Photos
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Bahrain, 50 Dinars 1978
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Bahrain, 50 Dinars 1978
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Fifty Dinars 1978: Catalogue Reference IDs
SourceReference ID
Friedberg, Gold Coins of the WorldBahrain Fr# 4
Krause, Standard Catalog of World CoinsBahrain KM# 11