Egypt 1992 50 pounds Fr-252

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Heritage sale 3040, lot 32075
photo courtesy Heritage Auction Galleries
Heritage sale 3040, lot 32072
photo courtesy Heritage Auction Galleries

The first specimen was lot 32075 in Heritage sale 3040 (Chicago, April 2015), where it sold for $2,350. The catalog description[1] noted, "Republic Proof gold 50 Pounds AH 1412 (1992) PR69 Ultra Cameo NGC. Summer Olympics issue with soccer player portrayed. Mintage of 115 pieces in Proof." The second specimen was lot 32072 in Heritage sale 3040 (Chicago, April 2015), where it sold for $1,997.50. The catalog description[1] noted, "Republic gold 50 Pounds AH 1412 (1992) MS69 NGC. Summer Olympics issue with soccer player portrayed. Mintage of just 49 pieces in mint state." 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 115 proofs.

Specification: 8.5 g, 0.900 fine gold, 0.244 troy oz AGW.

Catalog reference: KM 716, Fr-252 (formerly Fr-164).

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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