Egypt 1992 50 pounds Fr-238

from Heritage sale 3049, lot 30691

This specimen was lot 30691 in Heritage sale 3049 (Long Beach, September 2016), where it sold for $2,820. The catalog description^[1] noted, "Republic gold 'Fencing' 50 Pounds AH 1412 (1992) MS68 PCGS. Mintage: 49. Olympic issue struck for Fencing, with nearly pristine surfaces, lemon-tinged coloration, and a minuscule mintage figure. Rarely-offered and scarce in all regards." 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: 8.5 g, 0.900 fine gold.

Catalog reference: Fr-238 (formerly Fr-150); KM 709.

Source:

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.
Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
^[1]Cristiano Bierrenbach, Warren Tucker and David Michaels, Heritage World Coin Auction 3049, featuring the Ohio Valley Collection, the Redwood Collection and the F.P. Briand Collection, Dallas, TX: Heritage Auction Galleries, 2016.

Link to:

Egypt 1992 50 pounds Fr-238

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