World of Coins

Modern coins, pseudo coins and trade tokens of other continents => North Africa => Topic started by: Thruster853 on April 03, 2012, 11:36:09 PM

Title: Egypt 20 Piastres 1960
Post by: Thruster853 on April 03, 2012, 11:36:09 PM
This is a nice example of the 1960 20 Piastres. I understand these were legal tender until 1967, when they were demonetarised, but did they actually circulate? I have only ever seen examples in high grade which suggests to me that they saw little actual circulation. I would be interested to hear from anyone who found one in change in Egypt in the early sixties.

Title: Re: Egypt 20 Piastres 1960
Post by: Figleaf on April 04, 2012, 03:19:39 PM
On my first trip to Egypt (1978), 1 saw 5 and 10 millièmes and 5 and 10 ghirsh in circulation and I collected a nice bunch of circulating commemoratives. Got some 1 millièmes also, but had to ask around for them. Didn't see any 20 ghirsh. At the time, an Egyptian pound was worth more than a UK pound, though.

Peter
Title: Re: Egypt 20 Piastres 1960
Post by: Thruster853 on April 04, 2012, 04:21:37 PM
Thanks Peter, I didn't realist the LE was acturlly worth more than the UK pound at that time.

I know they issued quite a few commemoratives in the seventies. Did you see the Aswan Dam 5 milliemes or the Nefertiti coins on that visit in 1978?
Title: Re: Egypt 20 Piastres 1960
Post by: Figleaf on April 04, 2012, 04:44:26 PM
I got all the aluminium, brass and copper-nickel coins dated 1972 to 1977 from circulation (over 30 coins) and bought the silver ones later to complete the series. Couldn't keep up with the commemorative issues, so I gave up after 1982 and started working back. Starting from Abdul Mejid (1255), I still need 9 types, but can't afford them. Egyptian coins before Abdul Mejid tend to be expensive.

Don't