Description

Qaboos bin Said Al Said (1940–2020) was the Sultan of Oman from 23 July 1970 until his death. A fifteenth-generation descendant of the founder of the House of Al Said, he was the longest-serving leader in the Middle East and Arab world at the time of his death.

National Day is an official holiday in the Sultanate of Oman and the main one in the country. The holiday currently celebrates the birthday of Sultan Qaboos bin Said al Said.

Obverse

Depicts crowned national coat of arms of Oman divided date, surrounded by name of country above and the inscription "Central Bank of Oman" below, denomination below.

The national coat of arms of Oman is an insignia consisting of a khanjar inside its sheath that is superimposed upon two crossed swords. Adopted in the 18th century as the badge of the Omani royal family, it subsequently became the national emblem of the Sultanate of Oman. The emblem is featured at the canton on the Flag of Oman.

A khanjar (Arabic: خنجر‎‎, Persian: خنجر‎‎, Turkish: Hançer) is a traditional dagger originating from Oman. Worn by men for ceremonial occasions, it is a short curved sword shaped like the letter "J" and resembles a hook. It can be made from a variety of different materials, depending on the quality of its craftsmanship. It is a popular souvenir among tourists and is sold in souqs throughout the region. A national symbol of the sultanate, the khanjar is featured on the country's national emblem and on the Omani rial. It is also utilized in logos and commercial imagery by companies based in Oman.

سلطنة عمان
١٤١١هـ ١٩٩٠م
١٠ بيسة
البنك المركزي العماني

Reverse

Depicts the Central Bank of Oman building, the inscription "20th National Day" above and "Central Bank of Oman" below.

Before Sultan Qaboos bin Said assumed power in 1970, there was no centralized authority overseeing the budding banking system. The number of banks was limited, and their operations were constrained in scope. The predecessors to the Central Bank of Oman, namely the Muscat Currency Authority in 1970 and the Oman Currency Board in 1972, lacked full banking authority but laid the groundwork for its establishment. The pivotal moment signaling the imminent formation of the Central Bank of Oman was the introduction of the Banking Law in 1974, later amended by Royal Decree No. 114/2000.

العيد الوطني العشرون
مبني البنك المركزي العماني

Edge

10 Baisa

KM# 77 Schön# 86
Characteristics
Type Commemorative Issue (Circulating)
Material Bronze
Weight 4.76 g
Diameter 22.5 mm
Thickness 1.6 mm
Shape round
Alignment Medal
Alt # KM# PS5

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