Special gold coins appeared for sale up to 50 billion

Stephen Lloyd, an Islamic coin expert at the auction house, said the coin was really too great.

One of the rarest coins in the world has just been put up for auction with the value of up to an incredible 1.6 million pounds (about 50 billion).

The Umayyad gold coin dates to 723, made from gold mined at a site owned by Caliph - one of the successors of the Prophet Muhammad.

Close up gold coins are valued at up to 50 billion.

It is believed that the gold mine is located between the City of St. Makka and al-Madina, in western Saudi Arabia today. Before it belonged to Caliph, the land was bought directly from the Prophet Muhammad. This helps to increase the value of coins.

This 50 billion coin has some inscriptions, Islamic symbols and is similar in size to a modern British pound.

It will be auctioned off at Morton & Eden auction house in London. It is estimated that its value will be in the range of 1.4 to 1.6 million pounds.

Stephen Lloyd, an Islamic coin expert at the auction house, said that the coin is really too great, not only is it incredibly well preserved, but its rarity is also valuable as a document. Important history.

The world only has about a dozen of these coins and they all belong to private collections or large international museums.