Egyptian pound – Archive –
Egyptian media reported that the British “Spink” auction house sold the rare Egyptian Gablele Pound note for ten thousand pounds.
And the Egyptian newspaper “Al-Shorouk” stated that recently there were many rumors about the camel pound, stating that it is circulating in the Egyptian market and sold at high prices, but the truth is that this rare pound is not common in the paper currency market due to the original scarcity of it, and the presence of large quantities of the camel pound The counterfeiter or the fabricator in different stages of time.
She pointed out that the appearance of the camel pound in today’s auction was an important event for Egyptian coin collectors around the world.
And the pound sold is from the 1898 issue and original with watermarks, but it was canceled after its issuance and the phrase “Cancelled” was written on it and does not bear the signature of the Governor of the National Bank of Egypt at the time, and does not carry a serial number.
She explained that despite this, the American company PMG for currency evaluation gave it a score of 25 Very Fine due to its distinctive general shape, which is very rare in this case of this pound.
Source: Al-Shorouk newspaper, Egypt