5 piastres since 1916

Name: 5 piastres since 1916
SKU: 203864675

حدائق الاهرام، الجيزة

منذ 4 ساعات

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النوعأنتيكات

الوصف

History Origins: The piastre (also known as "ersh" or "qirsh") was the currency of Egypt until 1834. It was based on the Turkish kuruş and was subdivided into 40 para1. Modern Usage: In 1916, the piastre was divided into tenths (called milliemes), and the 5 piastres coin continued to be minted. Design and Composition Early Coins: The 5 piastres coin was initially made of silver with a fineness of 0.833 and weighed around 7 grams. Obverse: Features the bust of the ruling monarch or a symbolic representation. Reverse: Displays the value and denomination within a wreath, along with the year of minting. Value Historical Value: The value of the 5 piastres coin has varied over time, especially due to changes in silver prices. Collectibility Rarity: The 5 piastres coin from different periods can vary in rarity, with some mint years being more sought after by collectors. Condition: Coins in better condition (e. g. , uncirculated or proof versions) are typically more valuable. Usage Circulation: The 5 piastres coin was widely circulated in Egypt and used for everyday transactions. Demonetization: While still legal tender, the 5 piastres coin is no longer commonly used in daily transactions due to inflation and the introduction of higher denominations. 2pices

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