Egyptian currency and record prices in Eritrea 2023 Part 1
A collection of Egyptian and Palestinian coins was sold at auction. Eretz Number 28, which was held on March 21, 2023, achieved unprecedented record numbers for Egyptian coins, in addition to many other foreign coins.
The pieces sold pertain to the years starting from 1916 during the reign of Sultan Hussein Kamel, passing through the issues of Sultan Fuad in 1920 until 1923 and 1924 with the transformation of Egypt into a monarchy, and other pieces related to modern Egypt. Among the most notable coins sold were Specimen models, which were evaluated by NGC and PCGS. Unlike many top-grade pieces,Prices for some items varied From $800 to $11,000 without Commission and tax average 20%.
Eritz Auction
It is a newly established Israeli auction company, founded in 2016. We will review the Egyptian coins at the auction, which we at the Arab collector recognize as important and unique compared to other pieces at the auction, in a number of articles. The Egyptian pieces sold date from the years beginning in 1916 during the reign of Sultan Hussein Kamel, through subsequent issues. Sultan Fuad in 1920 Until 1923 and 1924, with Egypt's transition to a monarchy and other pieces related to modern Egypt.
Among the most notable coins sold were Specimen models, which were evaluated by NGC and PCGS. Unlike many other pieces with high (Top Grade) ratings. وPrices for some items varied From $200, some reached prices as high as $11,000 without Commission and tax, averaging 20%, are added to the price of each piece. We will review the most important Egyptian coins sold at auction, and we will begin this article by listing the coins of Sultan Hussein Kamel.
Egyptian Currencies – Sultan Hussein Kamel
One Millieme 1917 – Model
A 1 millieme coin issued in 1917, this coin is a prototype minted during the initial minting operations at the British Mint and was graded SP63 by PCGS. It was sold for [amount missing]. 1700 US dollar.
Five millimes 1917 – Unpierced
A five-millime coin issued in 1917 during the reign of Sultan Hussein Kamel. The coin is not perforated in the middle and was graded by PCGS as AU 58. The starting price for the coin was US$1000, but the coin did not sell.
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Five millimes 1916 – Unpierced
A five-millime coin issued in 1916 during the reign of Sultan Hussein Kamel. The coin is not perforated in the middle and was graded by PCGS at AU 50. The starting price for the coin was US$1000, but the coin did not sell.
Five Millimes 1916 – Center Hole
A five-millime coin issued in 1916 during the reign of Sultan Hussein Kamel. The coin has an off-center hole and was graded EF45 by PCGS. It was sold for [amount missing]. 210 US dollar.
Five Millimes 1916 – Sample
A 1916 five-millime coin, this piece is a prototype minted during the initial minting operations at the British Mint and was graded SP 64 by PCGS. It was sold for [amount missing]. 3600 US dollar.
Ten millimes 1917 – Unperforated
A 10-millime coin from 1917, unpierced in the center and appraised by PCGS at AU 50. It sold for [amount missing]. 1000 US dollar.
Ten millimes 1917 - Center hole
A 1917 five-millime coin with an off-center hole, graded AU 53 by PCGS. It sold for [amount missing]. 500 US dollar.
Half Millieme 1917 – Highest Rating
A 1917 half-millime coin, the only one with the highest rating for condition and appearance (at the time of this article) and an NGC grade of MS 66 RB. It was sold for [amount missing]. 1750 US dollar.
Two piasters 1917 – Highest rating
A 1917 Bombay mint two-piastre coin, this piece holds the highest condition and appearance rating of any coin (at the time of this article) and has been graded MS 67 by NGC. It was sold for [amount missing]. 2000 US dollar.
Five Piastres 1916 – Highest Rating
A 1916 Bombay five-piaster coin, one of only two worldwide to have received the highest rating for condition and appearance (at the time of this article) and was graded MS 66 by PCGS. It sold for [amount missing]. 3900 US dollar.
Five Piastres 1917 – Sample
A 1917 Birmingham five-piaster silver coin, a prototype minted during the Mint's initial operations in Britain and graded SP 66 by PCGS. It sold for [amount missing]. 8200 US dollar.
Do you have old coins and don't know where to start selling them?
This is the most common question among hobbyists. Instead of displaying your pieces randomly, use... “Sales Path Consultant” Our own. A simple guidance tool that helps you classify your coins and directs you towards the most suitable sales channel for their condition (whether it's bullion trading, auctions, or hobbyists).
Ten piastres 1917 – Sample
A 1917 Birmingham ten-piaster silver coin, minted during the Mint's initial operations in Britain, and graded SP 66 by PCGS. Despite surface imperfections and marks, it is a unique example of this denomination, bearing a distinctive patina. The coin was sold for [amount missing]. 8600 US dollar.
Twenty piastres 1916 – High rating
A 1916 Bombay 20-piaster coin, graded MS 66 by PCGS—a high grade for a coin of this size—sold for [amount missing]. 7200 US dollar.
Twenty piasters 1917 – Sample
A 1917 Birmingham mint twenty-piaster coin, this specimen was minted during the initial minting operations at the British Mint and graded SP 66 by PCGS. Despite surface imperfections and marks, it is a unique specimen of this denomination, bearing a distinctive patina. The coin was sold for [amount missing]. 11000 US dollar.
In addition to the pieces that were displayed, other pieces belonging to Sultan Hussein Kamel were offered at the auction, most of which carried high ratings, such as a five-piastre piece issued in 1917, silver, which carried an MS 66 rating from NGC and was sold for $800, and another piece of the ten-piastre category, minted in Birmingham and with an MS 64 rating from PCGS, which was sold for $550.
For more similar topics, you can browse the Arab collector's website. the Link the next:
King Fuad coin prices in Eritrea 2023 Part 2
The Nub Nefer coin, the most valuable Egyptian currency of the last Egyptian pharaoh
