Egypt 5 Pounds 1968 P#45 UNC

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  • Product ID: 48266
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  • Description:

    The Egypt 5 Pounds 1968 P#45 UNC banknote is a remarkable testament to Egypt's history and culture during a pivotal era. It carries a rich historical background, an intricate design, and an uncirculated condition that makes it a sought-after collectible. This banknote provides valuable insights into Egypt's political, economic, and social landscape during the late 1960s.

    Egypt, known for its ancient civilization, has a long and storied history. By the late 1960s, the country was undergoing significant political and social changes under the leadership of President Gamal Abdel Nasser and later President Anwar Sadat. These leaders played pivotal roles in shaping Egypt's modern identity.

    The design of the Egypt 5 Pounds 1968 P#45 UNC banknote is a masterpiece of artistry and symbolism. The obverse side features a portrait of an Egyptian peasant woman, a representation of the country's agricultural heritage. She is depicted wearing traditional clothing and a headscarf, reflecting the rural life that was integral to Egypt's economy at the time.

    The reverse side of the banknote showcases a scene of the construction of the High Dam in Aswan. This colossal engineering project, known as the Aswan High Dam, was of immense importance to Egypt's development. It provided irrigation, controlled flooding, and generated hydroelectric power, contributing to the country's economic growth and development.

    The 5 Pounds denomination was significant in the context of Egypt's economy in the late 1960s. It represented a substantial amount of money and was used for various transactions and savings. The banknote's design, along with its value, serves as a reflection of Egypt's evolving economic landscape during that period.

    The condition of the Egypt 5 Pounds 1968 P#45 banknote is designated as "UNC" (Uncirculated), indicating that it has never been used in everyday transactions and retains its original crispness and detail. It exhibits no signs of wear, creases, or folds, making it highly desirable among collectors who appreciate banknotes in pristine condition.

    An interesting fact about Egypt during this era is its involvement in the Arab–Israeli conflict, including the Six-Day War of 1967. These geopolitical events had significant implications for the region and shaped Egypt's foreign policy and relations with neighboring countries.

    Specific mintage figures for this banknote are not readily available. However, it can be assumed that a substantial quantity of these banknotes was produced to meet the demands of Egypt's growing population and its expanding economy during the late 1960s.

    In conclusion, the Egypt 5 Pounds 1968 P#45 UNC banknote not only represents a piece of Egypt's history but also serves as a symbol of the country's aspirations for progress and development during a period of significant transformation. Its design, denomination, remarkable condition, and historical context make it a valuable collectible and a captivating piece of Egypt's numismatic heritage.

  • Details:
    • Denomination: N/A
    • Year: N/A
    • Diameter: N/A
    • Mint Mark: N/A
    • Thickness: N/A
    • Grade: N/A

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