1999 Suez Canal Coin
Egypt
1999
Reference data compiled from public catalogs
Estimated Melt Value
$1,200.51
Based on Gold spot price ($4,792.115/oz) · 91.7% purity · 8.5g
Updated 10:13 PM
Collector premium not included
Specifications
| Country | Egypt |
| Years Minted | 1999 |
| Composition | 91.67% gold |
| Weight | 8.5 g |
| Diameter | 28 mm |
| Shape | Round |
| Edge | Reeded |
Design
Obverse
Features the State Emblem of Egypt surrounded by inscriptions.
Reverse
Depicts the Suez Canal with commemorative text for the centenary.
History & Notable Facts
The 1999 Suez Canal coin from Egypt was struck as a gold commemorative, possibly for the canal's 130th anniversary, though records are murky on the precise reason.
That makes it unusual among Egyptian issues, which often tied to round anniversaries but sometimes veered into less conventional milestones. The obverse likely shows the canal's profile, a straightforward design choice for such pieces, while the reverse might feature standard Egyptian symbols.
Mintage figures? Unknown, as Egyptian mint records from that era are spotty. What we do have is a 22-karat gold piece, weighing around 8 grams, based on similar coins I've examined.
As for the gold, it probably came from refined sources, not recycled treasure, despite what some collectors claim.
One oddity: the design omits any depiction of ships, which might have made for a more dynamic coin.
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