In two separate notes of October 7, 1947, to the Department, the Saudi Arabian Minister requested that the United States Mint manufacture $2,000,000 worth of gold discs and 5,000,000 riyal coins for the account of his Government. (890F.515/10–747). The Acting Secretary of State advised the Minister by note on December 19 that the Mint was prepared to undertake production of both the riyal coins and the gold discs (890F.515/12–1147).
In a note of December 24, the Minister requested that the minting of the gold slugs be suspended and that immediate steps be taken to supply as a substitute $2,000,000 worth of British gold sovereigns. The Secretary of State transmitted the note to the Secretary of the Treasury on January 8, 1948, with a request that the Saudi Arabian Legation be notified when the sovereigns would be available for shipment. The shipment was actually made on January 17, 1948 (890F.515/12–2447).