Gold 0.21%
£3,217.23 OZ
Silver -2.37%
£48.53 OZ
Platinum -0.49%
£1,360.40 OZ
The Silver Britannia is capital gains tax free in the UK, making is a very popular choice with UK investors
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The Gold Syrian pound is an allusive one-year type that was struck in Syria 1951. The coin’s official date is 1950 for the Syria Gold pound and half pound coins. There was an additional commemorative coin minted in 1978 to celebrate the presidency of Hafez al-Assad. Each of these Syrian Gold coins are made from a .900 fine Gold alloy with the remaining 10% copper
The Gold Syrian pound coins are a beautiful design with Arabic writing. The Golden hawk of Quraish holds a scroll with “Republic of Syria” inscribed. The reverse of the coin contains a decorated rectangle with the same “Republic of Syria” in Arabic. The bird displayed on the coin is the Hawk of Quraish which is displayed on the coats of arms and flags of a range of states that belongs to the Arab League
The Eagle of Saladin is associated with Saladin the Muslim military leader who founded the Ayyubid dynasty and famously recaptured Jerusalem from the Crusaders in 1187
The eagle symbolizes strength, courage, and independence, qualities attributed to Saladin
Investors may think that the Syrian Pound, which remains the national currency of Syria, is linked somehow to the British pound but this is not the case. Syria first adopted the pound when it was part of the Ottoman empire which used the Ottoman pound as a currency. After Syria was invaded by France, it adopted the Egyptian pound as its currency
Syria eventually was given its own currency which was initially pegged to the French franc, Syria later saw its currency pegged to the British pound and then the US Dollar. The Gold Syrian pound coins were never used in circulation which means that most coins that are seen in the market are in a high grade and excellent condition
The Gold Sryian Pound coins were actually struck at the Philadelphia Mint in the US. It is not uncommon for smaller countries to outsource striking of one-year types to more established international Mints rather than to develop the facilities to mint the coins on Syrian soil. Both coins were minted in 1950, four years after gaining independence from France
Auronum is a supplier of international Gold with new stock being added to our site each day. Our prices are benchmarked against other top-tier bullion companies to ensure our clients pay less
