N° 1037 | Egypt 50 Piastres 1916

1037 - Egypt 50 Piastres 1916
1037 - Egypt 50 Piastres 1916
1037 - Egypt 50 Piastres 19161037 - Egypt 50 Piastres 1916

Description

P# 11, N# 220164; # Q/71 096693; F-VF

GPT Description

The Egypt 50 Piastres 1916 is a captivating and historically significant item from Egypt. This particular currency note is commonly referred to as P# 11, N# 220164, and bears the serial number Q/71 096693. The condition of this note is described as F-VF, meaning it is in fair to very fine condition. Historically, 1916 was a significant year for Egypt as it was under British occupation during that time. The British had established a protectorate over Egypt in 1914 due to political instability and concerns over the Suez Canal's security. Under British rule, Egypt experienced various economic and political changes, including the introduction of a new currency system. The 50 Piastres note was a part of the Egyptian pound currency system, which was introduced in 1834. Piastres were smaller units of the Egyptian pound, with 100 Piastres equaling 1 pound. The 50 Piastres note from 1916 features intricate designs, including the portrait of King Fuad I, who ruled Egypt from 1917 to 1936. The note also showcases various symbols and motifs that represent Egypt's rich cultural heritage. Owning a piece of Egyptian currency from 1916 allows you to hold a tangible artifact that reflects Egypt's fascinating history and the country's relationship with the British Empire during that time. It serves as a reminder of the economic and political dynamics that shaped Egypt's past.
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