1956 Egypt Silver 50 Piastres AU/BU (Evacuation of the British)
Numismatic
1956 Egypt Silver 50 Piastres AU/BU (Evacuation of the British)
In 1956, the Cairo-based Royal Mint Authority struck a significant silver coin to mark a pivotal moment in Egypt's modern era. This 50 Piastres denomination, cataloged by numismatists as KM-386, carries a total silver weight of 0.8102 troy ounces with a fineness of 0.900. The coin was produced in a limited run of 250,000 pieces, making it a compelling artifact of mid-century Egyptian history. The visual design of the coin captures the spirit of national sovereignty. On the front, the face value and the year of issue are positioned above a pair of stylized wings. The reverse side presents a dramatic allegorical scene where a central Egyptian figure is shown shattering binding chains while holding aloft a burning torch, representing liberation and a new dawn. This particular specimen is preserved in About Uncirculated to Brilliant Uncirculated condition, allowing the intricate details of the engraving to remain highly visible. The Arabic inscriptions on the coin record the denomination, the year 1956, and references to the evacuation, anchoring this physical object directly to the historic departure of foreign forces.
Fair market value
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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.
Specifications
| Country | Egypt |
|---|---|
| Year | 1956 |
| Grade | AU/Unc |
| Legal-tender face value | 50 Piastres |
| Metal | Silver |
| Weight | 0.8102 troy oz |
| Purity | .900 |
| Diameter | 40 mm |
| Thickness | 2.8 mm |
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