Lebanon 1940 2-1/2 piastres

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Stephen Album sale 32, lot 925
Lebanon SA32-925r.jpg

The area of Lebanon was taken from Ottoman control after World War I, and placed under French mandate along with Syria. It was declared the Etat du Gran Liban in 1920. During the war, Germany, through Vichy France, used Lebanon to move military equipment east into Iraq. To thwart this, the Free French recognized Lebanese independence and moved British and French troops into the area. This 2½ piastres was struck in Paris in 1940 as the Third Republic crumbled under Nazi attack. This specimen was lot 925 in Stephen Album sale 32 (Santa Rosa, CA, September 2018), where it sold for $105.75. The catalog description[1] noted, "LEBANON: 2½ piastres, 1940, PCGS graded MS65."

Recorded mintage: 1,000,000.

Specification: Aluminum-bronze.

Catalog reference: KM-10, Lec-22.

Source:

  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • [1]Album, Stephen, Joseph Lang, Paul Montz, Michael Barry and Norman Douglas Nicol, Auction 32, featuring the Don Erickson Collection of German Coins, Part II and the Hazerfans Collection of Ottoman Empire Coins, Santa Rosa, CA: Stephen Album Rare Coins, Inc., 2018.

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