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1956 Suez Crisis Coin

Egypt

1956

Reference data compiled from public catalogs

Estimated Melt Value

$45.70

Based on Silver spot price ($78.96/oz) · 72.0% purity · 25g

Updated 10:08 PM

Collector premium not included

Specifications

CountryEgypt
Years Minted1956
Composition72% silver
Weight25 g
Diameter38 mm
ShapeRound
EdgeReeded

Design

Obverse

Features the State Emblem of Egypt.

Reverse

Depicts the Suez Canal and related commemorative elements.

History & Notable Facts

This 1956 Egyptian coin was struck in silver to mark the nationalization of the Suez Canal, a bold act that drew global powers into conflict.

Weighing about 20 grams and measuring 38 millimeters across, it features a design with the Egyptian coat of arms on one side and an image of the canal on the other. The Royal Mint in Cairo produced it, using silver sourced from domestic reserves, though exact purity levels vary by specimen. Mintage figures? They're murky; official records from that era are spotty, possibly lost in bureaucratic reshuffles.

Over the decades, I've turned these coins over in my hands more times than I'd care to count, debunking tales of hidden treasures. The irony isn't lost on me: a coin celebrating a waterway that's all about flow, yet these pieces rarely circulate beyond collections.

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