© Bundesbank

The two coins were struck in Philadelphia by the United States Mint on behalf of the Arabian American Oil Company (Aramco), which was established in 1944. These “coins” were used solely for the payment of oil production royalties in Saudi Arabia, where most of them were melted down to make gold bullion.

One side of the coin shows the seal of the mint, while the other side states its weight and degree of fineness.

[Data record Id. 55943 (4P.) and 55942 (1 P.)]