Catalog
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| Issuer | Saudi Arabian Monetary Agency |
|---|---|
| Year | 1956 |
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| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Paper |
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| Obverse description | The obverse is dominated by a central intaglio vignette of the arched entrance gateway to the Royal Palace in Jeddah, rendered in red-pink tones over a fine guilloche underprint. The issuer name of the Saudi Arabian Monetary Agency in Arabic script runs across the top, with the AH date 1375 at upper right, while Arabic text panels flank the central image on both sides. The denomination is expressed in Arabic, Urdu, and English inscriptions along the lower portion of the note. |
|---|---|
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| Reverse lettering | SAUDİ ARABİSTAN NAKİT MÜESSESESİ TEMAMEN DEVRİ KABİL İŞBU MAKBİUZ HAMİLİ EMRİNE AMADE OLARAK BİR RİYAL MAVZELERİNDE MUHAFAZA EDER |
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| Comments |
The 1956 Saudi Arabian Monetary Agency issue was among the first standardized paper currency produced for the kingdom following SAMA's establishment in 1952. De La Rue had secured the contract after the earlier Haj Pilgrim Receipts series — a stopgap mechanism that served foreign pilgrims unable to carry coin — demonstrated both demand for paper instruments and the political sensitivity surrounding their acceptance in a country where religious conservatives had opposed paper money outright.
Pick 2 is notably scarce in circulated grades because hoarding was widespread; public distrust meant many notes returned to savings rather than commerce. The series was withdrawn relatively quickly as oil revenues reshaped the currency system entirely.