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Baldwin's of St. James's
Auction 14  14 Jan 2018
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Lot 467

Estimate: 200 USD
Price realized: 200 USD
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World Medals, Compagnie Universelle du Canal Maritime de Suez, Opening of Suez Canal, silver medal, 1869, by Oscar Roty, seated female figures holds aloft the light of Progress to the standing figure of Industry, beyond, a sketched route of the Suez Canal, rev. legend in centre and around, inscriptions, 42mm. (Divo 606; BM. Acq 1983-1987 p.25, 147), matt surface, extremely fine; Ismael Pasha (1863-1979), Khedive, Opening of Suez Canal, French white metal medal, 1869, bust three-quarters l., rev. panorama of canal, outer Arabic legends both sides, 37mm., integral suspension loop, obverse lacks brightness, very fine (2)
*bt. Baldwin Islamic Coin Auction 14, 8 July 2008 (lots 279 & 280)
The Compagnie Universelle du Canal Maritime de Suez was formed in 1858. French private investors were the majority of the shareholders, with Egypt also having a significant stake, however, in 1875, a financial crisis forced Isma'il to sell his shares to the British Government for £3,976,582. The company operated the canal until 1956, when it was nationalized by Colonel Nasser.
($200-300)
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