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1923 Egypt 1 Millieme

Egypt

1923–1952

Reference data compiled from public catalogs

Estimated Melt Value

$0.02

Based on Copper spot price ($6.07/oz) · 95.0% purity · 1.5g

Updated 10:08 PM

Collector premium not included

Specifications

CountryEgypt
Years Minted1923–1952
CompositionBronze
Weight1.5 g
Diameter19 mm
ShapeRound
EdgePlain

Design

Obverse

Features the bust of King Fuad I facing right, surrounded by Arabic inscriptions.

Reverse

Depicts the denomination '1 MILLIME' within a wreath, with the year below.

History & Notable Facts

The 1923 1 Millieme coin features both the Gregorian year 1923 and the Islamic year 1341 on its obverse, a nod to Egypt's administrative duality under British influence.

That dual dating wasn't just for show. It reflected the kingdom's effort to modernize while respecting Islamic traditions, all on a humble bronze piece meant for everyday transactions. The coin's design includes the tughra of King Fuad I, his calligraphic emblem, struck with simple efficiency at what was likely the Cairo Mint—though exact mint records from that era are spotty.

We know the mintage was substantial, as these coins circulated widely in a growing economy, but precise figures vanished in archival mishaps over the decades. For a coin this modest, it's endured surprisingly well, with wear patterns that tell tales of pocket change in bustling markets.

Some collectors quip it's the coin that got away—because it was worth so little, no one bothered to hold onto it.

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