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$18,000 14th century gold dinar stars at Baldwin's Islamic coin sale

A coin from the brief reign of Ilkhan Musa Khan stole the show at Baldwin's London sale, this month

 

A gold dinar from the 14th century was the biggest surprise during a busy day at Baldwin's Islamic coins auction in London on July 26.

An extremely rare type A gold dinar from the short reign of the Mongol Ilkhan Musa Khan, in what today comprises large parts of eastern Europe and the Middle East, exceeded its £8,000 high estimate with an £11,000 showing.

Musa Khan was on the throne for just a year between 1336 and 1337, making coins from this period rare and subsequently extremely popular with numismatists, especially when they are in such fine condition as this piece.


He wasn’t around for long but Musa Khan left a strong imprint on the numismatic world

Musa Khan was forced to flee after losing a battle to his successor Muhammad Khan, whose coins also put in a good show at Baldwin's.

A type A gold dinar from his three year reign sold for £10,000, surpassing its £8,000 high estimate.

There was a disappointing return for a heavy gold dinar from the reign of the Ilkhan Ujaytu. This extremely rare coin, said to be in good or very fine condition, sold for £5,600, well down on its £7,000 low prediction.

It goes to show that prices at auction can be heavily influenced by who happens to be in the sale room on a particular day.

The sale did not manage to reach the heights of a Baldwin's auction earlier in the year, at which a coin from the rule of the Mughal Emperor Shah Alam II (1759-1806) made $160,000.

Make sure you check back here regularly for future coin auctions and all the latest numismatic news.

 

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www.paulfrasercollectibles.com

Image: Baldwin's


Last updated: 29 July 2011