Egypt 1960 5 pounds
This specimen was lot 31033 in Heritage auction 3096 (Dallas, TX, March 2021), where it sold for $2,640. The catalog description[1] noted, "Egypt: Arab Republic gold "Aswan Dam" 5 Pounds AH 1379 (1960) MS63+ NGC. Abundant with luster, this strongly struck representative celebrates the construction of the Aswan Dam across the Nile. Accompanied by a UBS auction tag. From the Paramount Collection." After Nasser seized power in 1958, he attempted to merge Egypt with Syria as first step in creating a unified Arab League. After the western powers refused to help him build the Aswan Dam, he turned to the Soviet Union for assistance. His death in 1970 ended the Syrian alliance as Anwar Sadat seized power.
Recorded mintage: 5,000.
Specification: 42.50 g, 0.875 fine gold, AGW 1.1956 oz.
Catalog reference: KM 402, Fr-119 (formerly Fr-44).
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
- Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
- [1]Cristiano Bierrenbach, Warren Tucker and Sam Spiegel, The Paramount Collection World & Ancient Coins: Signature Auction 3096, Dallas, TX: Heritage Auction Galleries, 2021.
Link to:
- AH 1377/1957 gold 5 pounds, fifth anniversary of the revolution
- AH 1379/1960 10 milliemes
- AH 1379/1960 5 piastres
- AH 1379/1960 10 piastres
- AH 1380/1960 25 piastres, third anniversary of the National Assembly
- AH 1379/1960 gold pound, Aswan Dam
- AH 1384/1964 5 pounds, Sadd el-Ali Dam
- Coins and currency dated 1960