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Live auction - fwo_438856 - EGYPT - REPUBLIC OF EGYPT 5 Livre (pound), or jaune, troisième anniversaire de la Révolution 1955

EGYPT - REPUBLIC OF EGYPT 5 Livre (pound), or jaune, troisième anniversaire de la Révolution 1955  MS
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All winning bids are subject to a 12% buyer’s fee.
Estimate : 2 500 €
Price : 1 700 €
Maximum bid : 2 100 €
End of the sale : 12 September 2017 17:55:51
bidders : 2 bidders
Type : 5 Livre (pound), or jaune, troisième anniversaire de la Révolution
Date: 1955
Quantity minted : -
Metal : gold
Millesimal fineness : 875 ‰
Diameter : 37 mm
Orientation dies : 12 h.
Weight : 42,55 g.
Edge : cannelée
Coments on the condition:
L’exemplaire présente des traces de manipulation et a probablement été nettoyé
Catalogue references :

Obverse


Obverse description : Légende arabe au-dessus d’un disque solaire ailé.

Reverse


Reverse description : Ramsès II à droite sur un char tenant un arc bandé.

Historical background


EGYPT - REPUBLIC OF EGYPT

(Since 1952)

Monarchical constitution was abolished in December 1952. In 1953, the military regime suppresses political parties and proclaimed the Republic. According to General Naguib, Nasser took power in 1954 and took the title of president, he chased the Communists and the Islamists. Champion of non-alignment, Nasser takes Egypt on the path of development with land reform, irrigation and electrification of the country. The Suez affair made him a hero in the Arab world against the former colonial powers, but Soviet aid is welcome for years. In 1970, Anwar Sadat succeeded Nasser in 1973 and resumed hostilities against Israel. In 1979, however, he signed the Camp David while the country is experiencing economic crisis. Assassinated in 1981, he was replaced by Mubarak continued economic development of the country.

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