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Egypt 20, 50, 100, and 500 Piastres  1938
Egypt 20, 50, 100, and 500 Piastres 1938

There is a slight chance, Sally, that you have the coin pictured, but you probably have another of the several dozen Egyptian coins with the king in a fez and military uniform. It would be best if you sent a scan or a photo. Then we can be of much more assistance. The coin shown in minted in gold. There are also coins with similar patterns minted in silver.

The coin in the picture is a beautiful 50 piastres piece commemorating the royal wedding. This was also minted in 20, 100, and 500 piastres denominations.

The primary value of these coins comes from their gold content. Use Kitco.com to find the current price of gold, then use the data below to compute the value of your coin:

20 piastres, 14 mm diameter, 0.048 ounces of gold
50 piastres, 20 mm diameter, 0.120 ounces of gold
100 piastres, 23 mm diameter, 0.239 ounces of gold
500 piastres, 38 mm diameter, 1.956 ounces of gold

For example, using the current gold value of $1236 per troy ounce, a 20 piastre coin is worth 0.048 x 1236 = $59 US dollars.

Nice coins gain a collector premium. These coins were struck almost 80 years ago, and they are difficult to find without impaired luster and a few minor nicks and scratches.

20 PIASTRES:
worn: gold value
average circulated: add $25 to gold value
well preserved: add $50 to gold value
fully uncirculated: add $120 to gold value

50 PIASTRES:
worn: gold value
average circulated: add $50 to gold value
well preserved: add $75 to gold value
fully uncirculated: add $200 to gold value

100 PIASTRES:
worn: add $10 to gold value
average circulated: add $100 to gold value
well preserved: add $150 to gold value
fully uncirculated: add $180 to gold value

500 PIASTRES:

worn: add $20 to gold value
average circulated: add $100 to gold value
well preserved: add $500 to gold value
fully uncirculated: add $1300 to gold value

Proof issues of the 500 piastre coin catalog at $3400.

You can read the date on these coins using this one-to-one mapping of eastern Arabic numerals. The coin in the photo has two dates: 1938 and 1357. Which one is right? They both are. The 1357 date uses a Muslim calendar based on a lunar (not solar) year and starts when Mohammed was alive in the 600s AD.

The coin photo comes from RosenblumCoins.com and CoinQuest thanks them for use of their image. Visit the Rosenblum web site for many more gorgeous coins from Israel and Palestine, with a Judaica stock list. They are also on one of our favorite dealers, VCoins.com.

Coin: 2015 , Genre: Islamic Hindu Buddhist
Requested by: Sally, Wed, 25-Nov-2009 12:16:11 GMT
Answered by: Chris, Sun, 30-Jun-2013 17:19:38 GMT
Reviewed by CoinQuest. Be sure to use the current price of gold., Sun, 30-Jun-2013 17:19:38 GMT
Requester description: I am pretty sure this is an Egyptian coin and I'm also fairly sure it depicts King Farouk in Fez and Military Jacket but I don't know what any of the writing says!! The coin is gold in colour although I don't think it is made of gold. It is slightly bigger than a US dime. One side shows the King in Fez and has arabic writing down both sides. The other has a small round circle in the middle surrounded by a larger circle and arabic writing. It also has raised lines down both sides with two other lines crossing them - these lines (or writing?) stick out much more than the rest of the coin and appear to have been added on - ie they stick up like they havfe been stuck on afterwards maybe? I have tried to find this coin on the internet and although I have found many King Faruok coins pictured I cannot seem to find this one!!
Tags: egypt 20 50 100 500 piastres piastre piastries plastre piasters i am an egyptian king farouk fez military jacket gold colour color us usa dime one arabic arab down circle larger large lines line two crossing cross stick rest ie up havfe stuck faruok egyption goldish golden goldenen colours coloured coloring colored dimes ones aribic arabian arabia largish cruciform crosses maltese maltise criss crossed sticky sitcky harpoon sticks ring hat cap headdress circled encircle crrcle cirle circlet circles circlr circal citcle encircled ringed circumscibed cirlce circel encircling rings circling cirlces circular cicurling circumscribed hood caps hooded

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Tue, 25-Nov-2014 01:31:46 GMT, unknown: 2114813