Egypt 1978 pound KM-480
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This specimen was lot 45984 in Stack's Bowers NYINC sale (New York, January 2026), where it sold for $312. The catalog description[1] noted, "EGYPT. Pound, AH 1398/1978. Cairo Mint. NGC MS-68. 50th Anniversary of Portland Cement." The anniverdary commemorated here is that of the Tourah Portland Cement Company, one of the largest manufacturers of cement in Africa. It is now owned by Italcementi. Large public works, and the graft and corruption that goes with, are not possible without a ready supply of concrete.
Recorded mintage: 50,000.
Specification: 15 g, 0.720 fine silver, 35 mm diameter.
Catalog reference: KM-480.
- [1]Orsini, Matt, Kyle Ponterio and Jeremy Bostwick, January 2026 NYINC Showcase Auction, Ancient and World Coins, featuring the Kazmier Wysocki Collection, Costa Mesa, CA: Stack's Bowers Galleries, Inc., 2025.
- Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
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