Iraq 1 dinar Oil Nationalization Sun Tanker Ship PR61 PCGS silver coin 1973

The Iraq 1 Dinar Oil Nationalization silver coin issued in 1973 (AH1393) commemorates a defining moment in the nation’s economic history—the nationalization of Iraq’s oil industry on June 1, 1972. Certified by PCGS as PR61, this proof-struck commemorative piece captures the optimism and ambition associated with greater national control over natural resources. Its bold maritime imagery and symbolic design make it a highly collectible example of modern Middle Eastern numismatics.

The reverse features a large oil tanker ship sailing across calm waters, its detailed superstructure, deck, bow, and hull carefully engraved above shimmering sea reflections. Rising behind the vessel is a radiant sun with long, geometric rays spreading across the sky, symbolizing prosperity, energy, and a new economic dawn. Arabic date inscriptions appear around the upper rim, framed by a decorative beaded border. The obverse displays the denomination “1 Dinar” within a central circular field surrounded by elegant Arabic inscriptions commemorating the nationalization event. Additional dates, flowing calligraphy, and ornamental border details complete the design.

Struck in silver with a Proof finish and certified by PCGS as PR61, this historic commemorative coin combines political, economic, maritime, and energy themes in a single impressive issue. An excellent addition to collections focused on oil history, transportation, world silver coins, and Iraqi commemoratives.

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