Egypt 1970 pound KM-425

from the Mountain Groan Collection

In 1958 Egypt, under Gamal Nasser, solidified its solidarity with some other Arab countries by joining in a formal alliance with Syria. Thus, from 1958-1971, Egypt became officially the 'United Arab Republic'. The alliance with Syria did not last long, and the title was abandoned in 1971 with purges of the Egyptian political system by Anwar Sadat. The coin shown is a silver one pound commemorating the death of president Nasser. It is accompanied by silver fifty piastres (KM 423), a gold one pound (KM 426) and five pounds (KM 428).

Recorded mintage: 400,000.

Specification: 25 g, 0.72 fine silver, 0.5787 oz ASW.

Catalog reference: KM 425.

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.

Link to:

• AH 1387/1968 pound, Aswan Dam
• AH 1390/1970 50 piastres, death of Nasser
• 1970-72 pound, Al Akzhar mosque
• AH 1390/1970 gold pound, death of Nasser
• AH 1390/1970 5 pounds, death of Nasser
• Coins and currency dated 1970
• return to coins of Egypt