Egypt 1929-BP 20 piastres
The Kingdom of Egypt was established in 1922, with Fuad I as the first ruler. He had previously been sultan (1917-1922) when Egypt was a British protectorate. During his reign, Egyptian coinage was changed significantly from previous issues, with the portrait of the leader decorating the obverse. Previously, no human portraits appeared on coins. The coin pictured is a silver twenty piastres. The portrait of Fuad I is on the obverse. The reverse bears the date (both Hijra and Gregorian dates shown), denomination, and 'Kingdom of Egypt' written in Arabic. Date is 1929 AD - AH 1348. The mintmark for the Budapest mint (BP) appears at the base of the reverse. This specimen was lot 25872 in Heritage sale 3007 (Dallas, TX, January 2010), where it sold for $299. The catalog description[1] noted, "Fuad 20 Piastres 1929-BP, MS61 NGC, very seldom found in UNC grade."
Recorded mintage: 50,000.
Specification: 28.00 g, 0.833 fine silver, 0.7499 ASW.
Catalog reference: KM 352.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- [1]Tucker, Warren, and Scott Cordry, Heritage Signature Auction 3006: World Coins, Dallas, TX: Heritage Auction Galleries, 2008.
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