1 Riyal    (sold for $31.0)

1950, Saudi Arabia, Saud bin Abdulaziz Al Saud. Silver 1 Riyal Coin. KM-18.

Reference: KM-18.
Denomination: 1 Riyal
Mint Year: 1950 (AH 1370)
Condition: Lightly wiped/cleaned, otherwise XF!
Material: Silver (.917)
Weight: 11.63gm
Diameter: 30mm

Saudi Arabia, officially known as the Kingdom of Saudi Arabia, is the largest Arab state in Western Asia by land area (approximately 2,150,000 km2 (830,000 sq mi)), constituting the bulk of the Arabian Peninsula, and the second-largest geographically in the Arab world. It is bordered by Jordan and Iraq to the north, Kuwait to the northeast, Qatar, Bahrain and the United Arab Emirates to the east, Oman to the southeast, and Yemen in the south. It is the only nation with both a Red Sea coast and a Persian Gulf coast, and most of its terrain consists of arid inhospitable desert or barren landforms. The area of modern-day Saudi Arabia formerly consisted of four distinct regions: Hejaz, Najd, and parts of Eastern Arabia (Al-Ahsa) and Southern Arabia ('Asir).[10] The Kingdom of Saudi Arabia was founded in 1932 by Ibn Saud. He united the four regions into a single state through a series of conquests beginning in 1902 with the capture of Riyadh, the ancestral home of his family, the House of Saud. The country has since been an absolute monarchy governed along Islamic lines. Wahhabi Islam has been called "the predominant feature of Saudi culture". Saudi Arabia is sometimes called "the Land of the Two Holy Mosques" in reference to Al-Masjid al-Haram (in Mecca), and Al-Masjid an-Nabawi (in Medina), the two holiest places in Islam. The Kingdom has a total population of 28.7 million, of which 20 million are Saudi nationals and 8 million are foreigners.

Abdulaziz bin Abdul Rahman Al Saud (Arabic: عبد العزيز بن عبد الرحمن آل سعود, romanized: ʿAbd al ʿAzīz bin ʿAbd ar Raḥman Āl Suʿūd; 15 January 1875 – 9 November 1953), known in the West as Ibn Saud (Arabic: ابن سعود; Ibn Suʿūd), was an Arab tribal, political, and religious leader who founded Saudi Arabia – the third Saudi state – and reigned as its first king from 23 September 1932 until his death in 1953. He had ruled parts of the kingdom since 1902, having previously been Emir, Sultan, and King of Nejd, and King of Hejaz.

Ibn Saud was the son of Abdul Rahman bin Faisal, Emir of Nejd, and Sara bint Ahmed Al Sudairi. The family were exiled from their residence in the city of Riyadh in 1890. Ibn Saud reconquered Riyadh in 1902, starting three decades of conquests that made him the ruler of nearly all of central and north Arabia. He consolidated his control over the Nejd in 1922, then conquered the Hejaz in 1925. He extended his dominions into what later became the Kingdom of Saudi Arabia in 1932. Ibn Saud's victory and his support for Islamic revivalists would greatly bolster pan-Islamism across the Islamic world.Concording with Wahhabi beliefs, he ordered the demolition of some of the holiest sites of Islam, the Al-Baqi Cemetery and the Jannat al-Mu'alla.As King, he presided over the discovery of petroleum in Saudi Arabia in 1938 and the beginning of large-scale oil production after World War II. He fathered many children, including 45 sons,and all of the subsequent kings of Saudi Arabia as of 2023.