King Farouk was a huge coin collector himself, and he made sure that his coinage was interesting and varied for any future collectors. His iconic portrait with the large hat is now recognized by people all over the world.
These round 2, 5 and 10 milliemes (mallimat in Arabic) were a short lived series of coins. The 2 milliemes were struck just in 1938 AD (AH 1357), while the 5 and 10 milliemes also saw a production run in 1941 AD (AH 1360). The coins are made of copper-nickel, so they have no precious metal content. Their only value is purely numismatic, as listed below:
2 MILLIEMES
worn: $1 US dollar approximate catalog value
average circulated: $4
well preserved: $14
fully uncirculated: $25
5 MILLIEMES
worn: less than $1
average circulated: $1
well preserved: $4
fully uncirculated: $9
10 MILLIEMES
worn: less than $1
average circulated: $1
well preserved: $5
fully uncirculated: $12
Notice that the smallest denomination is also the most valuable. Since they were only produced for a single year, and in a smaller number for that year than the 5 or 10 milliemes, they are a bit harder to find today.
Damaged coins are worth zero. The values above are catalog values. Please see our Important Terminology page to translate into actual buy and sell values.
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