Egypt 1938 50 piastres

Sincona sale 46, lot 1

This specimen was lot 1 in Sincona sale 46 (Zurich, May 2018), where it sold for 400 CHF (about US$500 including buyer's fees). The catalog description^[1] noted,

"Farouk, 1937-1952. 50 Piastres 1938 (AH1357). Hochzeit. Vorzüglich-FDC. (Egypt, Farouk, 1937-52, fifty piastres of 1938, wedding commemorative. Extremely fine-uncirculated.)"

King Farouk, best known to numismatists for his onetime ownership of such American rarities as an 1804 dollar and a 1913 liberty head nickel, ruled 1936-52 before being ousted in a coup by a group of army officers which included Gamal Nasser. This wedding commemorative was part of a set which included twenty, fifty (shown here), hundred and five hundred piastres.

Reported Mintage: 10,000.

Specification: 4.25 g, 0.875 fine gold, .118 troy oz AGW, this specimen 4.29 g.

Catalog reference: KM 371. Fr-112 (formerly Fr-37).

Source:

• Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
• ^[1]Richter, Jürg, Auction 46, Gold Coins and Medals, Zurich: Sincona AG, 2018.
• 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.

Link to:

• 1938 20 piastres
• Egypt 1938 millieme KM-358 bronze
• Egypt 1938 millieme KM-362 copper-nickel
• Egypt 1938 2 millemes
• Egypt 1938 10 milliemes KM-361
• Egypt 1938 100 piastres Royal Wedding
• Egypt 1938 500 piastres Royal Wedding
• Coins and currency dated 1938
• return to coins of Egypt