Iraq 250 fils Oil Nationalization KM-138 Industry Torch PR 67 PCGS Ni coin 1973

This 1973 Iraq 250 Fils Oil Nationalization coin, KM-138, is a nickel commemorative issue certified PR 67 by PCGS. It commemorates the nationalization of the Iraqi oil industry, a major event in the country’s economic history. The reverse presents a bold industrial composition dominated by a tall flaming torch, symbolizing energy and national development. To the left stands an oil refinery with storage tanks, pipes and industrial structures, while an open lattice oil derrick rises on the right. The dates 1972 and 1973 appear beside the design, surrounded by a decorative border. The obverse places the denomination 250 Fils inside a circular frame, accompanied by the Republic of Iraq identification, commemorative legends and the corresponding Hijri and Gregorian dates. The combination of torch, refinery and drilling tower creates a distinctive petroleum-industry theme. With its sharp Proof strike and high PCGS PR 67 certification, this coin is an appealing addition to collections focused on Iraq, energy, industry and modern Middle Eastern history.

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