5 Riyals - Saqr

Ras al-Khaimah was the last of the Trucial States to join the UAE in 1972, and its brief window of independent coin issuance — roughly 1969 to 1971 — produced a series of issues aimed squarely at the collector market rather than circulation. Saqr bin Mohammad al-Qasimi had ruled since 1948 and understood that foreign exchange from numismatic sales offered real revenue for one of the poorest and most isolated of the seven sheikhdoms.

Most of these issues never saw a day of genuine commerce.