Egypt 1964 50 piastres

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from the Stack's Bowers 2022 Collector's Choice sale, lot 73556
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This specimen was lot 73556 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, February 2022), where it sold for $120. The catalog description[1] noted, "EGYPT. 50 Piastres, AH 1384/1964. NGC PROOF-67 Ultra Cameo. Diversion of the Nile commemorative. Argent and original with frosty devices contrasted by deeply mirrored fields. A seldom seen issue from the age of the United Arab Republic." This commemorative honoring the opening of the Aswan Dam was accompanied by a gold ten pounds (KM 409), five pounds (KM 408) and silver five (KM 404), ten (KM 405) and twenty-five piastres (KM 406). After Nasser's death in 1970, the alliance with Syria was dropped and the country renamed the Arab Republic of Egypt.

Recorded mintage: 250,000 plus 2,000 proofs.

Specification: 20 g, 0.720 fine silver.

Catalog reference: KM-407.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, The February 2022 World Collectors Choice Online Auction - Ancients & World Coins, Featuring Selections from the Kings Norton Mint Collection, Costa Mesa, CA: Stack's Bowers LLC, 2022.

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