Kuwait 2 dinars proof

Meltdown · May 23, 2008 2:04AM

Anyone have any info on this proof? It was an estate sale find a long time ago.
I've been told it was rare, but I really know nothing about it. Looks like
it was to commemorate the 15th anniversary of independence.
Thanks in advance.

MadMuffin · May 23, 2008 3:34AM

My 2005 Krause says KM15a with a mintage of 53,000 and a book value of $65. It looks like the proof version was struck in .925 silver while they only used .500 silver for the unc version.

Hope this helps - and nice coin, by the way

Marcel

Meltdown · May 23, 2008 6:13AM

Thanks. That's more than I knew yesterday. What exactly is "KM15a" ? Also, that's a pretty low mintage wouldn't you agree?
Appreciate the help.

sumnom · May 23, 2008 9:48AM

What is the relationship between this coin and Desert Storm?

Meltdown · May 23, 2008 10:10AM

<< <i>What is the relationship between this coin and Desert Storm? >>

Ooops. I guess nothing, I mixed it up with another proof coin. I haven't gotten these out in a couple years and my memory slipped.

sumnom · May 23, 2008 10:46AM

Ah, I see. No worries.

MadMuffin · May 25, 2008 2:08PM

"KM" is Krause and Mishler: "Standard Catalog of World Coins" and 15a is the number this particular coin type was assigned.

A mintage of 50,000+ is for a commemorative silver coin is not low in my opinion. On the other hand the catalog value is pretty high for such an issue and that may indicate that the coin is either very sought after or that part of the issue is not on the market for some reason.

Many world silver commemoratives are struck with mintages of 10,000 to 25,000 these years. If you go back 20 years or so larger mintages were more common.

Marcel

Kuwait 2 dinars proof

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