Egypt 1992 100 pounds KM-721

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Heritage sale 3040, lot 29640
photo courtesy Heritage Auction Galleries

This specimen was lot 29640 in Heritage sale 3040 (Chicago, April 2015), where it sold for $10,575. The catalog description[1] noted, "Republic gold Proof 100 Pounds AH1412 (1992) PR69 Ultra Cameo NGC. Struck to commemorate swimming in the summer Olympics, this nearly pristine offering possesses jet-black pools of reflectivity that produce striking cameo contrast. With a mintage of just 99 pieces, this illustrative issue delivers on both technical quality and beauty." Egypt issued eight different types for the 1992 Olympics. The tiny mintage suggests the whole issue went to government insiders. The SCWC has only sketches of these, no photos.

Recorded mintage: 49 plus 99 proofs.

Specification: 17 g, 0.900 fine gold, 0.488 troy oz AGW.

Catalog reference: KM 721, Fr-245 (formerly Fr-157).

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]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage Signature Auction 3040, featuring the Santa Maria, the Alan Dean and the Valley View Life Collections, Dallas, TX: Heritage Auction Galleries, 2015.

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