عملات مصرية
Egyptian coins that never saw the light of day
This article explores Egyptian currency designs that were never officially issued or circulated. Discover the mysterious stories behind these currencies that never saw the light of day in Egyptian monetary history. The Sinai Pound: After the 1967 defeat, they planned to issue new currency while retaining the names of existing denominations for use in the newly annexed territories…
May 11, 2025Egyptian brands and coupons
The fourth volume of the Encyclopedia and Catalog of Egyptian Currencies by Engineer Magdy Hanafy, titled "Egyptian Marks and Coupons," was recently published. The book comprises fifteen chapters, and we will provide a brief overview of each. About the Encyclopedia: The Encyclopedia and Catalog of Egyptian Currencies is a comprehensive series of books documenting Egyptian coins and banknotes. It was published by…
July 15, 2022Gresham's Law of Currency
What is Gresham's Law, and how does bad money drive out good money? There is indeed an economic law called Gresham's Law, which can be summarized as follows: "Bad money drives out good money." To better understand this law and its current applications, it is crucial to examine its origins and the circumstances surrounding its creation. Thomas Gresham was born Sir...
June 4, 2022Egyptian currency of 1938 and the state of confusion
What Egyptian currencies were not issued in 1938, and why was there such political and economic turmoil during this period? Cairo – February 1937, where our story begins. At that time, the Ministry of Finance announced the minting of Egyptian currency in the name of His Majesty King Farouk I, and the news was conveyed to the Royal Court in preparation for authorizing the representative of the Mint in Birmingham to proceed with the minting…
April 9, 2022Egyptian commemorative coins that never saw the light of day
Are there Egyptian commemorative coins that never saw the light of day? Of course, there are Egyptian and Arab commemorative coins that we haven't seen and that never progressed beyond the design stage. However, while reviewing newspaper archives, we came across some articles that prompted us to consider two such coins that were announced in a major Egyptian newspaper, one of which was even approved by the Egyptian Cabinet, yet we never saw them.
August 21, 2021Currencies lost by Egypt in the war
Did Egypt actually lose a large amount of coins, especially silver, during World War I? And what type of coins were they? Many researchers mention that a large quantity of Sultan Hussein Kamel's coins were lost at sea during World War I, and they use this to explain the shortage of certain coins issued in 1916 for Sultan Hussein Kamel. However…
June 26, 2021A commemorative silver coin marking the transfer of the royal mummies
The Official Gazette, in its issue No. 23 (continued), published Prime Ministerial Decree No. 20 of 2021, dated June 10, 2021, authorizing the issuance of commemorative silver coins with a face value of 100 Egyptian pounds to mark the event of the transfer of the royal mummies. The decree stipulated: «The Minister of Finance is authorized to issue a commemorative silver coin with a face value of 100 Egyptian pounds, fineness 720, to mark the event of the transfer of the royal mummies,» specifying the price…
June 1, 2021Developing the Egyptian countryside
The Public Treasury and Mint Authority, affiliated with the Ministry of Finance, announced that 10 million one-pound coins and 5 million fifty-piaster coins bearing the "Decent Life" logo will be issued in recognition of the state's efforts in the "Development of Egyptian Rural Villages" project, aimed at radically transforming the reality of rural villages and their surrounding hamlets and small settlements in all aspects of infrastructure.
June 1, 2021Centenary coins of the Egyptian Engineers Association
The Egyptian Cabinet announced its approval of a draft decree by Prime Minister Dr. Mostafa Madbouly, authorizing the issuance of commemorative gold coins (one pound) and silver coins (five pounds) to celebrate the centenary of the Egyptian Engineers Association, established in 1920, based on a design proposed by the Egyptian Mint Authority on December 27, 2020. The Cabinet approved…
February 27, 2021A commemorative coin to honor medical teams
Fifteen million change bearing the logo of Egypt's medical teams has been released. Dr. Mohamed Maait, Minister of Finance, expressed his profound respect and admiration for the noble humanitarian mission being carried out with utmost dedication by Egypt's "White Army," who are at the forefront of the fight against the novel coronavirus. He described their heroic efforts as a testament to the unwavering commitment of medical personnel, a feat that history will record in letters of light.
January 31, 2021The Mint Museum: A History of Egyptian Tales
Egypt celebrates a long history of producing coins since the Islamic conquest in 641 in Fustat, then the establishment of a fully-fledged mint in 1954, followed by the step of opening a museum for the historical coins that were circulated, in addition to the modern coins that Egypt now produces.
December 13, 2019Re-minting, Part 1
In recent days (and due to the FAO group), there has been much talk about reminting currency and whether it is a desirable or undesirable act. Therefore, I wanted to mention historical examples of coins that were officially reminted in their countries using the original dies: – 4 ducats of Emperor Franz Joseph, 1915 (still minted in Austria today!) – 100 kroner, 1908, Hungary – 100 kroner…
March 2, 2016The Legend of Coin Collecting
The legendary coin collector John Jay Pittman is a name perhaps unfamiliar to many Arab collectors, yet he is truly a legend among collectors in the United States. Pittman didn't become famous solely because of his prominent presence at the King Farouk auction—many collectors traveled from the farthest corners of the earth to attend that prestigious event—nor because of his phenomenal collection…
November 12, 2015