Re-minting, Part 1
In recent days (and because of the FAO group), there has been much talk about re-minting coins and whether it is a desirable or undesirable act. I would like to mention historical examples of coins that were officially re-minted in their countries and using the original molds:
– 4 Emperor Franz Joseph ducats 1915 (still minted in Austria today!) – 100
Corona 1908, Hungary - 100 kroner; 1915, Austria - 50
Mexican Peso - 20 French Francs, all years from 1907-1914!
Thaler Maria Theresa 1780
Regarding the Egyptian currency, there are several examples of re-minting that our professor Magdy Hanafi referred to in his last book, page 234, the most famous of which is the 5 Egyptian pounds of King Fouad, which was a commemorative coin that was actually minted to celebrate the declaration of the establishment of the Kingdom of Egypt as an independent state in 1923, 1924 and 1926 without changing the original date, which is 1922!
It is worth mentioning that one of the reasons for re-minting was the desire of King Fuad himself, who did not like the very yellow color that appeared on the 1923 issue and expressed his desire to re-mint the coins and change the metallic composition so that the currency would look with a greenish tinge (later changed to a reddish tinge by reducing the proportion of silver and increasing the proportion of copper).
Attached is a copy of the correspondence between the Royal Mint and Mr. Harvey Rowentry, representing His Majesty the King of Egypt.
