Egypt 1970 pound Fr-126

Stack's Bowers May 2023 Collector's Choice sale, lot 71754

This specimen was lot 71754 in Stack's Bowers Collector's Choice sale (Costa Mesa, CA, May 2023), where it sold for $432. The catalog description^[1] noted, "EGYPT. Pound, AH 1390/1970. PCGS Genuine--Cleaned, UNC Details. Commemorating the death of President Nasser. Despite the noted cleaning, this small sized gold issue is rather attractive with its simplistic design." After Nasser's death in 1970, Anwar Sadat won the ensuing power struggle. He dropped the alliance with Syria and renamed the country the Arab Republic of Egypt.

Recorded mintage: 10,000.

Specification: 8 g, 0.875 fine gold, 0.2251 troy oz AGW.

Catalog reference: Fr-126 (formerly Fr-50); KM-426.

Source:

• 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]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, May 2023 World Collectors Choice Online Auction, Featuring the Richard Elliott Collection of Hooknecks, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2023.

Link to:

• AH 1387/1968 pound, Aswan Dam
• AH 1390/1970 50 piastres, death of Nasser
• AH 1390/1970 silver pound, death of Nasser
• 1970-72 pound, Al Akzhar mosque
• AH 1390/1970 5 pounds, death of Nasser
• AH 1393/1973 gold pound, 75th anniversary of the National Bank of Egypt
• Coins and currency dated 1970