UAE Gold Bullion Coins

Following the success of DMCC’s “Visions of Dubai” gold coins, DMCC launched the ‘UAE Gold Bullion Coins’, in April 2012 to celebrate the UAE’s achievements as a major gold trading hub. The UAE Gold Bullion Coins build on Dubai’s reputation as the ‘City of Gold’ and support the growth and sustainability of the gold industry in the UAE.

The UAE

In just 40 years, the UAE’s visionary leaders have lead the transformation of an intimate pearling community into a booming global economy with a modern, progressive society. The UAE’s rise to success in a global environment full of adversity and challenges is an accomplishment of historic proportions; a feat only its leaders believed possible 40 years ago.

   

Coin Story

The Design

The UAE Gold Bullion Coins were designed by Dubai Multi Commodities Centre, a government of Dubai entity and the region’s largest commodities authority.

The Coins were designed to celebrate the accomplishments and vision of the UAE’s leaders. The first edition of the Gold Bullion Coins feature a portrait of His Highness Sheikh Khalifa bin Zayed Al Nahyan, the UAE president, on one side and the Burj Khalifa, the world’s tallest tower on the reverse. Under the President’s leadership, the UAE has seen its rise to prosperity and has overcome some of its biggest challenges. The Burj Khalifa (‘Tower of Khalifa’), at 828 metres, is the tallest building in the world, a global symbol of progress and a beacon of human ingenuity.

The second edition of the Gold bullion coin was launched in December 2012, featuring a portrait of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai and a rendering of Palm Jumeirah, the world’s largest man-made island. Under the leadership of His Highness Sheikh Mohammed, Dubai has become one of the fastest growing cities in the world, synonymous with success, prosperity and innovation. One of Dubai’s most renowned examples creativity and innovation is the Palm Jumeirah, often referred to as the 8th wonder of the world. The island has doubled Dubai’s coastline and is a masterpiece of engineering unseen anywhere else in the world. Both coins stand as national emblems which reflect the determination and achievements of the UAE federation.

Minted by the Swiss refinery, Argor-Heraeus, the coins are accredited by the DMCC’s Dubai Good Delivery (DGD) standard. The DGD standard was launched by DMCC in 2005, and is regarded as the international benchmark quality and technical specifications standard for the production of gold and silver.

The UAE Gold Bullion Coins are available in four denominations weighing 1 oz, ½ oz, ¼ oz and 1/10 oz. The 99.99 gold purity (24 karat) coins carry Argor-Heraeus’ stamp of quality and authenticity.

   

Buy a Coin

Whether you’re looking for a unique gift for a special occasion, an addition to your coin collection, a symbolic souvenir item, an alternative investment option, or merely a sentimental token paying tribute to your homeland, the UAE Gold Bullion Coin is an excellent choice that stands the test of time. With gold generally retaining its value throughout the years, it is a gift that will be appreciated for generations to come.

The UAE Gold Bullion Coin can be purchased from the following distributors:

    

 

         

Sell Your Coin

Gold is one of the most liquid assets that can easily be converted into currency. However, the decision to sell your coin is dependent on obtaining a reliable price that is as close to the prevailing gold price. Often distributors and retailers would be able to offer this flexibility, but would have varying prices that may not be transparent and the buy-back is not guaranteed.

Argor-Hereaus, the DMCC’s appointed mint and producer of the UAE Gold Bullion Coins, guarantees to buy back your UAE Gold Bullion Coin(s) at a fixed transparent price formula based on the daily prevailing gold price, that is applied consistently for all customers.

You can sell your coin(s) and redeem your valued investment with Argor-Hereaus’ official guaranteed buy-back channel by contacting their local agent within the UAE:

House of Commodities FZCO
Mr. Ovais Ismail Mandvia
M: +971 50 6509280
T: +971 4 3408351
E: oimandvia@hocdubai.ae

   

Coin Specifications

The UAE Gold Bullion Coins are available in four denominations weighing 1 oz, ½ oz, ¼ oz and 1/10 oz.
The 99.99 gold purity (24 karat) coins carry the Argor-Heraeus stamp of quality and authenticity.

Argor-Heraeus, the DMCC appointed mint and producer of the UAE Gold Bullion Coins, is a Swiss based refinery that is accredited to the DMCC’s Dubai Good Delivery (DGD) standard. The DGD standard is an internationally benchmarked standard for quality and technical specifications of gold and silver.

Denomination:

1oz

½ oz

¼ oz

1/10 oz

Fineness:

9999 (24k) 9999 (24k) 9999 (24k) 9999 (24k)

Gross weight:

31.103 g 15.552 g 7.776 g 3.110 g

Fine gold content:

31.103 g 15.552 g 7.776 g 3.110 g

Diameter:

32.00 mm 25.00 mm 17.00 mm 17.00 mm

Border:

Serrated Serrated Serrated Serrated

Thickness:

2.1 mm 1.8 mm 1.9 mm 0.9 mm

   

Distributorship

For more information on how to distribute the coin regionally and/or internationally and to become an authorized distributor of the UAE Gold Bullion Coin please contact: commodityservices@dmcc.ae.

   

About DMCC

Established in 2002 by Royal Decree, the Dubai Multi Commodities Centre Authority (DMCC) is a strategic initiative of the Government of Dubai, with a mandate to enhance commodity trade flows through the Emirate by providing the appropriate physical, market, financial infrastructure and services required.

By offering a fit-for-purpose regulatory framework, modern infrastructure, freehold property, innovative products and cost efficient, value-added services, DMCC successfully attracts key participants throughout the entire value chain of a wide range of commodities sectors. DMCC’s business activities include free zone, financial and property services.

DMCC is also the master developer and licensing authority for the Jumeirah Lakes Towers (JLT) Free Zone, the fastest growing free zone development in Dubai.

Today there are over 4,800 companies registered at the JLT Free Zone across a range of businesses from shipping to recruitment, IT to advertising and more, with 85% of new registrations coming from businesses that are new to Dubai. These include multi-nationals, major regional industry participants as well as small/medium sized businesses and entrepreneurs. Companies operating at the JLT Free Zone enjoy an unparalleled location on Sheikh Zayed Road, streamlined processes, dependable customer support, unique services and industry clustering, modern infrastructure, and freehold commercial and residential property.

DMCC has implemented a robust compliance and regulatory regime which is in line with the compliance related laws and regulations of the UAE Federal Government and the competent international bodies.