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London Coins Ltd
Auction 175  4-5 Dec 2021
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Lot 118

Starting price: 35 GBP
Price realized: 38 GBP
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Middle East (11) an interesting group in varied grades average VF to about UNC - UNC Comprising Egypt (6) a denomination pair of King Farouk I portrait Currency Notes Law of 1940 and both in presentable VF or about with signature of Makram Ebeid titled on reverse "Minister of Finance" comprising a 5 Piastres Pick 165a serial number with star at end J/5 423329 * and 10 Piastres Pick 168a serial number L/4 347487, the later with a pair of pinholes in lower right body. These notes very popular in the recent years. Along with Arab Republic of Egypt Currency note 5 Piastres Pick 182g signature Aly Loutfy Mahmoud Loutfy (11/1978 - 5/1980) title Minister of Finance series M/46 No. 623464 printer Survey Authority watermark ARE. Along with Central Bank issues (3) including a pair of 10 Pounds (2) different designs Pick 46b dated 1972 a larger sized note, and the more modern Pick 51e dated 15 June 1999. Along with a 20 Dinars Pick 52b dated 19th March 1992 and date position variety to lower right of watermark area. Together with a selection of Iraq (5) various denominations of Gulf War captured currency stamped "Certified Official / Ministry of Defence" consisting of a 1 Dinar Pick 69a dated 1984. 5 Dinars Pick 70a dated 1981. 10 Dinars Pick 71a dated 1982. Along with 25 Dinars (2) including the Pick 73a dated 1986 and the Pick 72 dated 1982. A near complete denomination set, these notes were captured by the British 1st Armoured division in the Persian Gulf War. During the attack into Iraq, and the dash across Kuwait north of Kuwait city, they overran and occupied a number of Iraqi headquarters, military installations and advancing 290 kilometres they managed to destroy 3 Iraqi divisions and capturing or destroying more than 4000 Iraqi tanks and armoured vehicles along with capturing several million dollars of Iraqi currency. The seized currency was sent back to England's Ministry of Defence Cash Management Branch where they were certified and given these hand stamps.

Estimate: 35-55 GBP
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