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1958 Aswan Dam Coin

Egypt

1958

Reference data compiled from public catalogs

Estimated Melt Value

$27.48

Based on Silver spot price ($79.15/oz) · 72.0% purity · 15g

Updated 10:13 PM

Collector premium not included

Specifications

CountryEgypt
Years Minted1958
Composition72% silver
Weight15 g
Diameter33 mm
ShapeRound
EdgeReeded

Design

Obverse

The obverse features the coat of arms of Egypt.

Reverse

The reverse depicts the Aswan Dam.

History & Notable Facts

The 1958 Aswan Dam coin was struck amid Egypt's nationalization of the Suez Canal, transforming a simple engineering tribute into a quiet act of defiance against foreign powers.

This silver piece, minted in Cairo, features the dam's imposing structure on the obverse, with Arabic inscriptions and the year in both Gregorian and Hijri calendars. The reverse shows the Egyptian coat of arms, emphasizing national sovereignty. Weighing about 20 grams of .720 fine silver, it was likely produced on standard planchets available at the time.

Exact mintage figures are murky; records from that era in Egypt's mint are incomplete, possibly lost in bureaucratic shifts. What we know for sure is that these coins circulated briefly before becoming collectibles.

One oddity: the design makes the dam look more fortress than flood barrier, as if it were built to hold back critics rather than the Nile.

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