April 2, 2023

Dubai Week

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Egyptian pound ten thousand pounds!

Egyptian pound ten thousand pounds!

The price of the Egyptian pound rose sharply in the currency markets, but on the condition that it was issued 123 years ago! Egyptian media have reported that the British “Spink” auction house has sold the rare Egyptian cable pound note for ten thousand pounds.

The Egyptian newspaper “Al-Shorouk” recently reported that there were many rumors about the camel pound, which was in circulation in the Egyptian market and was being sold at a higher price, but the truth is that this rare pound is not common on paper. Due to the original shortage of the currency market and the large amount of camel pounds, the fraudster or fraudster at different times.

He pointed out that the appearance of the camel pound in today’s auction was an important event for Egyptian coin collectors around the world.

Also sold was the pound from the 1898 issue and the original with Watermarks, but it was canceled after it was published and the phrase “canceled” was written on it and was not signed by the Governor of the National Bank of Egypt at the time. And does not contain a serial number.

Despite this, PMG, the US firm for currency valuation, gave 25 very good scores due to its unique generic format, which he explained was very rare at this pound.

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