Condition
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The Iraq 1 Dinar Oil Nationalization commemorative silver coin, issued in 1973 (AH1393), marks one of the most significant economic milestones in modern Iraqi history—the nationalization of the country’s oil industry. Certified PCGS MS64, this historic coin reflects a period when Iraq assumed greater control over its petroleum resources, making it an important collectible for enthusiasts of Middle Eastern history, energy heritage, and world coinage.
The reverse presents an elegant maritime scene featuring a large oil tanker ship sailing across calm waters. Detailed reflections ripple across the sea beneath the vessel, while a rising sun dominates the horizon. Long, stylized sun rays spread upward across the field, symbolizing prosperity, independence, and a new chapter in national development. The design is framed by a decorative border with date inscriptions. The obverse displays the denomination “1 Dinar” within a central circular panel surrounded by flowing Arabic inscriptions commemorating the nationalization event. Additional Arabic legends, dates, and ornamental calligraphic elements complete the balanced composition.
Struck in silver and preserved in certified MS64 condition by PCGS, this coin combines historical significance, attractive maritime imagery, and strong collector appeal. It is an excellent addition to collections focused on oil industry history, transportation, economics, and Iraqi commemorative coinage.
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| Item type | Coin / Collector coins |
| Internal Reference | IQ161 |
| Nominal sum | 1 dinar |
| Nominal, number | 1 |
| Weight, g | 31.00 |
| Diameter, mm | 40.0 |
| Quality of coinage | BU |
| Mintage | 60000 |
| CoA | No |
| Case | No |
| Country | Asia / Iraq |
| Certification | PCGS |
| Year | 1973 |
| Bimetal | No |
| Coin material | Silver / Ag 500 |
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