You are right, sir or madam, the modern date on this coin makes if to low value. But the Egyptian Republic lasted only from 1953 to 1958, being replaced with a United Arab Republic and a new set of coinage. The 1953 to 1958 coins are somewhat rare and collectors seek them for their collections. This pushes prices up a little.
You can figure out the date using these eastern Arabic numerals. The coin in our picture is dated 1957, with a Hejira date (based on the life of Muhammed, who lived around 600 AD) is shown as 1376.
Some typical catalog values are shown below:
1 MILLIEME (aluminum-bronze, 16 mm diameter)
average circulated: $4 US dollars catalog value
well preserved: $8
fully uncirculated: $12
5 MILLIEME (aluminum-bronze, 19 mm diameter)
average circulated: $6 US dollars catalog value
well preserved: $14
fully uncirculated: $30
10 MILLIEME (aluminum-bronze, 21 mm diameter)
average circulated: $6 US dollars catalog value
well preserved: $10
fully uncirculated: $34
Use our Important Terminology page to covert these catalog values to actual values.
In addition to the sphynx, pyramids are another popular subject on Egyptian coins.
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