10 Fils (Magnetic) - Kuwait

Specifications

Denomination10 Fils 0.010 KWD = JPY 5.09
MetalBrass plated steel
Years1434–2020

Grading & Market Data

n/a
NGC Pop.
n/a
PCGS Pop.
LiquidityDLow

Estimated Value

n/a

Valuation data is not yet available for this type. We publish estimates only when they can be derived from recorded auction results.

🇰🇼 KuwaitBrass plated steel

10 Fils (Magnetic) - Kuwait

10 Fils (Magnetic) - Kuwait1434–2020

Overview

Dating from the medieval period, the 10 Fils (Magnetic) - Kuwait of Kuwait (1434–2020), denomination 10 Fils 0.010, is a fascinating numismatic artifact. This coin from the medieval era reflects a monetary world very different from our own. Struck in steel or iron, this coin reflects the material constraints of its era. Steel and iron coinage became common during periods of precious metal shortage — wartime rationing, postwar reconstruction, or economic crises — when governments needed to maintain coin production at minimal cost. These utilitarian pieces have their own historical significance and can be surprisingly difficult to find in uncirculated condition. Numismatic interest in this coin is supported by its combination of historical significance, artistic merit, and the inherent appeal of its material composition. Collectors are advised to consult reputable dealer networks and major auction records when assessing fair market value. For acquisition and sale, the services of established numismatic dealers or major auction houses provide the best combination of price discovery, authentication, and buyer/seller protection.

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