Kuwait Jaber III 5 Dinars

History

5 Dinars 1996, X# 13, Kuwait, Jaber III, 50th Anniversary of Exporting the 1st Oil Shipment

Obverse. Image Courtesy of Professional Coin Grading Service (PCGS.com)

Description

On the morning of June 30, 1946, at seven o'clock, a significant celebration marked the inaugural export of Kuwaiti oil. This event, presided over by the late Sheikh Ahmad Al-Jaber Al-Sabah, the then Amir of Kuwait, was attended by eminent national officials, the Political Resident in the Gulf area, the Political Agent in Kuwait, and an esteemed gathering of guests. Southwell, Director of Kuwait Oil Company Ltd, London, commenced the proceedings by welcoming Sheikh Ahmad Al-Jaber Al-Sabah and his entourage, leading them to the ceremonial location where a silver wheel awaited to signify the occasion. Sheikh Ahmad initiated the movement of the wheel, inaugurating the flow of the first Kuwaiti crude oil shipment through an offshore pipeline to the British tanker Fusilier. A total of 10,567 tons of crude oil were loaded within 11 hours and 13 minutes, averaging 950 tons per hour.

Sheikh Jaber al-Ahmad al-Sabah (1926–2006) of the al-Sabah dynasty, was the Emir of Kuwait and Commander of the Military of Kuwait; serving from 31 December 1977 until his death. He had previously served as minister of finance and Economy from 1962 until 1965, when he was appointed prime minister prior to becoming Kuwait's ruler.

Obverse	Coat of arms Kuwait Navy (ship, submarine etc.) Wheel, Tanker Depicts the silver wheel to begin Kuwait's first crude oil export in front of the British oil tanker "Fusilier" in the gulf surrounded by an emblem of Kuwait divided date in Gregorian on both sides above and inscription below within a banner. The emblem of Kuwait was created in 1962 and it consists of the shield of the flag design in color superimposed on a golden falcon (Hawk of Quraish) with wings displayed. The falcon supports a disk containing a boom sailing ship, a type of dhow, with the full name of the state written (in Arabic) at the top of the disk. British Tanker Company Limited was the maritime transport arm of the Anglo-Persian Oil Company, the forerunner of BP. Formed in 1915 with an initial fleet of seven oil tankers, the British Tanker Company became the BP Tanker Company in 1955. دولة الكويت كويت 30 June 1946 - 1996 ٣٠ يونيو ١٩٤٦ - ١٩٩٦ الذكرى الخمسون لتصدير أول شحنة من نفط دولة الكويت
Reverse	Construction (building, bridge etc.) Oil rig, Oil well, Fractionating column Depicts the fractional column, oil rig, and tankers within a circle surrounded by country name in Arabic and English above and inscription in English below. A fractionating column or fractional column is equipment used in the distillation of liquid mixtures to separate the mixture into its component parts, or fractions, based on their differences in volatility. Fractionating columns are used in small-scale laboratory distillations as well as large-scale industrial distillations. State of Kuwait دولة الكويت 50th Anniversary of Exporting 1st Oil Shipment
Edge	Reeded (milled)