Qatar Stamps - Coin Issue of 1965

The Coin Issue of 1965 has always intrigued me. It was one of the sets that enticed me to start collecting stamps from Qatar.

It intrigued me because there were no coins ever issued with that design and so it appeared as more an ego trip than anything else.

However, after much research I have found that, at the time, while most Arabian Gulf countries were reliant on the Indian Gulf Rupee, they were afraid of being taken on a 'roller coaster ride' with the possible devaluation. So much so that Kuwait broke away from the system in 1961 and by 1965 Bahrain followed suit.

''The other states began to look for an alternative - a common Arabian Gulf Currency.

Click on the image below to learn more.

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Below is a description of the proposed designs for the Arabian Gulf Currency and how the designs were later incorporated into some other regional currencies. For further reading look for the Arab Collector magazine - April 2019 - for a deeper insight at this coin design by Dr. Mazen Mira.

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