Numismatics
Currency rating companies
What are the ratings of currency rating companies? Currency rating companies have ratings, just like hotels, airlines, and any service-oriented organization. We only need to examine the image attached to the post to realize the significant difference between 9 currencies, all of which received a rating of 65 from 9 different companies! The two best companies in the world in the field of rating are PCGS, the oldest…
August 7, 2016coins of Sultan Hussein Kamel
The recent discovery of the hidden signature on Sultan Hussein Kamel's coins piqued our curiosity, leading us to eagerly study everything related to the coins of Sultan Hussein Kamel, the Sultan of Egypt. What caught our attention and surprised us simultaneously was that while most collectors are aware of the letters HR on silver coins and half-millime coins, what puzzled us was the presence of the letters JR on a denomination…
June 16, 2016The Maqasis…the strange thing about the currency circulating in Egypt
What do you know about the "maqasis" (a type of coin)? And when did it appear in Egypt? "Play with the maqasis until the diwani (a type of coin) comes to you" (1). Perhaps some have heard this authentic Egyptian proverb before without realizing that behind it lies a fascinating and strange story about the history of money circulation in Egypt at a certain period. Egypt experienced a decline in the weight of…
March 13, 2016French money for the Suez Canal
The second issue of French coins for the Suez Canal, dated 1892, was minted for circulation in Port Said by the Suez Canal Cooperative Society (part of the Universal Company of the Suez Canal) – la Société Coopérative du Canal de Suez (the Cooperative Society of the Suez Canal) – la Compagnie Universelle du canal maritime de Suez. These were special coins minted in France and...
March 11, 2016Port Said's currency…the unknown history
Ahmed Abdullah – Researcher in Contemporary Egyptian History: Why was the Suez Canal the reason for the issuance of Port Said's currency? And how is this a part of Egyptian history largely unknown? The Suez Canal was established following a decision by the Khedive Said, the Viceroy of Egypt, to begin work on Port Said on Monday, April 25, 1859, and Ferdinand de Lesseps began digging the canal…
March 8, 2016The Indian rupee is a currency used in Egypt.
What circumstances led to the circulation of the Indian rupee in Egypt? The First World War, following a severe shortage of gold, silver, and nickel coins in Egypt after the outbreak of the war in 1914, was a major factor. This shortage was due to public fear of the war and its potential consequences, particularly after the price of silver rose.
February 23, 2016