Egypt 1970 50 piastres

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Aureo y Calicó sale 422, lot 3257

This specimen was lot 3257 in Aureo y Calicó sale 422 (Barcelona, December 2023), where it sold for 15 € (about US$20 including buyer's fees). The catalog description[1] noted, "Egipto. AH 1390 (1970). 50 piatras. AG. S/C- [about uncirculated]." In 1958 Egypt, under Gamal Nasser, joined in a formal alliance with Syria. Thus, from 1958-1971, Egypt became officially the 'United Arab Republic'. Nasser's sudden death in 1970 sent a shock thru Egypt similar to the assassination of president Kennedy in 1963. The alliance with Syria did not last long, and the title was abandoned in 1971 during a purge of the Egyptian political system by Anwar Sadat.

Recorded mintage: 400,000.

Specification: 12.50 g, 0.720 fine silver, 33 mm diameter, this specimen 12,36 g.

Catalog reference: KM 423.

Sources:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Sisó, Teresa, Eduard Domingo and Lluís Lalana, Subasta 422: Subasta Numismatica, Barcelona: Aureo y Calicó, 2023.

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