Sell a Saudi gold guinea
In 1950 and 1957 Saudi Arabia struck a gold guinea to the size of the Sovereign: 7.988 grams of 22-carat gold, with an Arabic legend.
- Purity
- 916.7‰ (22 carat)
- Country
- Saudi Arabia
- Gold rate
- €119.54/g
What do we pay for a saudi gold guinea?
Based on the gold rate of this moment, €119.54 per gram of fine material. As of:
| Variant | Fine gold | Total weight | We pay |
|---|---|---|---|
| 1 guinea | 7.322 g | 7.99 g | €840.29 |
This price applies regardless of the year and the mint. With a rare year or exceptional condition the collector’s value can be higher than the material value – then we say so, even if that means you are better off not selling us the coin.
How we arrive at this amount
A coin is precious metal in a recognisable shape. What it fetches therefore depends almost entirely on the fine weight: the weight of pure gold it contains.
This coin is 916.7‰ (22 carat) pure. The rest of the alloy – usually copper – makes it harder and scratch-resistant, but has no value. That is why we calculate on the fine weight and not on what the scales say.
Only two years, 1950 and 1957, both to the size of the British Sovereign.
Not sure whether your coin is genuine? We check weight, diameter, thickness and – if in doubt – the density with X-ray analysis. Non-destructive: your coin stays intact.
Also have a look at today’s gold rate or all gold prices.
An Arabian Sovereign
The weight and fineness of the guinea are those of the Sovereign: 7.988 grams of 22-carat gold. The date is in the Islamic calendar; 1370 corresponds to 1950.
What we look at
The legend is entirely in Arabic, so we read the date out for you. We weigh and measure the coin and determine the fineness without damage, and settle on 7.32 grams of fine gold at the rate of the day.
How to sell your saudi gold guinea
From walking in to being paid usually takes less than half an hour.
Do not polish it
With collector coins, cleaning can push the value down considerably. A natural patina belongs to them.
Bring it in
With or without an appointment, at one of our 45 locations. If the coin is in a holder, leave it in there.
We assess two values
The precious metal and what the coin itself does: year, mintage and condition. You get the higher of the two.
Paid out straight away
In cash or by bank transfer. Larger amounts reach your account within 24 hours.
Also of interest
Questions about selling saudi gold guinea
How much gold is in a Saudi guinea?
7.322 grams of fine gold in a coin of 7.988 grams, just like a Sovereign. We settle against the gold rate of the moment.
I cannot read the legend. How do I know what I have?
We will find out for you. The legend is Arabic and the date is in the Islamic calendar; we identify the coin at the counter.
Is the 1957 date scarcer?
Both dates occur. We value first on the gold and also look at whether your coin has collector value.
What should I bring?
The coin and valid identification: a passport, identity card or driving licence.
Is your question not listed? Ask it below, call 085 060 3009 or go to contact.
A question about saudi gold guinea?
Ask it here. You will receive a personal reply by email, usually within one working day – no automated message and no phone call you did not ask for.
- An answer from a valuer, not from a template
- We keep your question so that you need not repeat anything
- No sales pitch afterwards
Sources
Where you can verify what you have just read.
- Koninklijke Nederlandse MuntThe mint that struck the Dutch coins and knows their fineness
- De Nederlandsche BankOn the guilder and exchanging old legal tender
- WaarborgHollandThe Dutch assay office that verifies fineness and strikes hallmarks
Have your saudi gold guinea valued?
Free and without obligation, at a location near you.