N° 1809 | Iraq 500 Fils 1973 AH 1393

1809 - Iraq 500 Fils 1973 AH 1393
1809 - Iraq 500 Fils 1973 AH 1393

Description

KM# 139, Schön# 45, N# 9567; Nickel; 1st Anniversary of Oil Nationalization; AUNC-

GPT Description

The Iraq 500 Fils 1973 coin, also known as AH 1393 in the Islamic calendar, is a significant piece of numismatic history from Iraq. This coin is made of nickel and commemorates the 1st Anniversary of Oil Nationalization, a momentous event in Iraq's history. In 1972, the Iraqi government under President Saddam Hussein nationalized the country's oil industry, marking a major turning point in the country's economic and political landscape. This move aimed to assert control over Iraq's valuable oil reserves and reduce foreign influence in the industry. The coin features a design that likely reflects the pride and nationalism associated with this historic event. The coin's denomination of 500 Fils and its intricate details make it a valuable collector's item for numismatists interested in Iraqi history and culture. Overall, the Iraq 500 Fils 1973 coin serves as a tangible reminder of Iraq's journey towards economic independence and self-determination during a pivotal moment in its modern history.
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