EGYPT. Government of Egypt. 5 Piastres, 1.5.1918. P-161. PMG Choice Uncirculated 64.
Surpassed in the PMG population report by just a single finer example, this is a highly elusive small-change currency note from Egypt, seldom offered for sale in any uncirculated grade. In circulated grades it is much more available, but is still in much demand. It appears that notes such as this quietly entered circulation and were just not saved, accounting for their scarcity today despite their modest face value at the time of issue. In fact, in our lengthy auction archive, we have offered a few examples of this type in About Uncirculated grades, but until now, we have never had the opportunity to offer this type in an uncirculated grade. Luckily for one determined bidder today, it is fresh and with excellent eye appeal, including above average centering and color for the type. Not an offering we expect to repeat anytime soon and one that should be considered by any serious specialist of Egyptian paper money.
Estimate: $3000.00 - $5000.00
Price realized | 4'000 USD |
Starting price | 1'800 USD |