Egyptian National Bank 10 Pound Banknote 1952-1960 SCWPM#32 PCGS Choice About New 58PPQ | Large high-denomination banknote depicting ancient Egyptian civilization | GoldSilverJapan
The £10 banknote (SCWPM#32) issued by the National Bank of Egypt between 1952 and 1960 is highly regarded by banknote collectors worldwide as a large, high-denomination banknote boasting the finest design and prestige among modern Egyptian banknotes. The banknote presented here was issued on May 22, 1960, and has received a Choice About New 58PPQ grading from PCGS Currency. 58PPQ signifies a condition extremely close to mint, and the addition of PPQ (Premium Paper Quality) guarantees that the banknote's original paper quality has been maintained and that no artificial treatments such as cleaning or restoration have been performed. The Egyptian £10 was one of the highest denominations at the time, and due to its limited circulation, high-quality examples are now difficult to obtain. High-grade PCGS-certified PPQ banknotes, in particular, are highly sought after in the international market and are always in high demand from collectors of Middle Eastern and African banknotes. This banknote is known as a masterpiece that fuses the artistry symbolizing ancient Egyptian civilization with British banknote printing technology, and it is one of the world's most highly regarded banknotes that GoldSilverJapan proudly recommends.
The obverse design features a beautiful depiction of a pharaoh, a symbol of ancient Egypt. The majestic bust positioned on the right symbolizes the dignity and eternity of the ancient dynasty, strongly emphasizing the historical identity of Egypt as a nation. The bank name and denomination are inscribed in elegant Arabic script in the center, and the flowing typeface, incorporating elements of traditional Islamic art, gives the entire banknote a sense of refinement. The background features an extremely detailed guilloché pattern, employing a sophisticated security design that inherits the tradition of British printing techniques, including those of Bradbury Wilkinson. The vibrant reddish-purple color scheme creates a presence befitting a high-denomination banknote, giving the entire banknote a sense of weight and gravitas. Blank spaces for watermarks are provided on the left and right sides, playing an important role in anti-counterfeiting technology. An intricate decorative pattern is placed in the center of the banknote, and the world's highest level of printing technology at the time of its issuance was spared. The spacious layout, unique to a large banknote, is also appealing, and it boasts a level of perfection that allows it to be appreciated as a work of art.
The reverse side features the words "NATIONAL BANK OF EGYPT" prominently displayed, with a magnificent depiction of ancient temple ruins in the center. This structure is based on the temple architecture representative of ancient Egyptian civilization, with colossal stone columns and wall carvings reproduced with precise sculptural printing. Sphinx statues are positioned facing each other on either side, tying the entire banknote together as guardians in ancient Egyptian mythology. The perspective composition leading to the temple is highly artistic, evoking a beauty reminiscent of a historical painting that transcends mere currency design. The entire reverse side is unified in a reddish-brown color scheme that harmonizes with the front, giving it a dignified and formal impression. The large watermarks on either side are naturally incorporated as part of the beautiful design, achieving a high level of balance between practicality and artistry. This series is particularly popular among Egyptian banknotes and is renowned as a world banknote themed on ancient ruins.
1952 was a pivotal year in modern Egyptian history, marked by a revolution led by the Free Officers Movement and a significant shift in the national system. This series of historical banknotes was issued from that turbulent period until around 1960, and is an important banknote that supported the Egyptian economy as it transitioned from a monarchy to a republic. At the time, 10 pounds was a very high denomination for ordinary citizens, and was mainly used for large transactions and financial institutions. As a result, the number of banknotes issued was small, and wear from daily circulation was relatively limited, but there are not many high-grade examples that still exist with the original paper quality intact. Egyptian banknotes are popular worldwide due to their unique themes depicting ancient civilizations, and in recent years, their value has been rising in the international market along with the growing interest in the Middle Eastern economy and history. SCWPM#32 is positioned as a representative high-denomination banknote series and is indispensable when discussing the history of Egyptian banknotes. Today, it is highly valued not only by collectors but also as a work of art and historical document.
This particular banknote has been certified with the Choice About New 58PPQ by PCGS Currency. A grade of 58 indicates extremely near-mint condition, meaning the corners, printing, paper quality, and colors of the banknote are all in excellent condition. Furthermore, PPQ (Premium Paper Quality) is an important quality guarantee that the banknote retains its original paper quality. In the global banknote market, even among 58 grade banknotes, those with PPQ certification generally receive higher valuations, making them highly attractive in terms of asset and collection value. PCGS's third-party authentication not only guarantees authenticity but also provides an objective assessment of the condition, allowing you to collect and hold with confidence. With its crisp printing, rich colors, and firm paper quality, this banknote is in excellent condition, allowing you to fully appreciate the charm of large Egyptian banknotes. Please note that the serial number of each banknote is unique. The image shown is for reference only, and the serial number of the banknote you receive may differ.
FAQ
Q. Which country's currency is this banknote from?
A. This is a banknote issued by the National Bank of Egypt.
Q. What year was it published?
Series A ran from 1952 to 1960, and this particular copy was published on May 22, 1960.
Q. What is the face value?
A. It's 10 Egyptian pounds.
Q. What is the SCWPM number?
A. This is SCWPM#32.
Q. What is the PCGS grade?
A. Choice About New 58PPQ.
Q. What is PPQ?
A. This is an abbreviation for Premium Paper Quality, indicating that the original paper quality is maintained.
Q. What is depicted on the surface?
A. It features images of pharaohs, symbolic of ancient Egypt, Arabic calligraphy, and beautiful decorative patterns.
Q. What is depicted on the back?
A. It depicts the ruins of an ancient Egyptian temple, the Sphinx, and the name of the National Bank of Egypt.
Q. Why is the £10 banknote so popular?
A. Because it was a high-denomination banknote at the time, issued in limited quantities, and possesses extremely high artistic and historical value.
Q. What are the advantages of purchasing PCGS certified banknotes?
A. You can collect and possess items with peace of mind because you will receive a guarantee of authenticity and an objective assessment of their condition.
Q. Is the 58PPQ highly rated?
A. Yes. It is in extremely near-unused condition and has been highly rated for maintaining its original paper quality.
Q. Are Egyptian banknotes popular worldwide?
A. Yes. Their unique designs, themed around ancient civilizations, are popular with collectors worldwide.
Q. Is the serial number the same as the one in the image?
A. They are not necessarily the same. Serial numbers may vary from one item to another.
Q. Is it recommended for beginners?
A. Yes. It possesses historical significance, artistic merit, and international popularity, making it a representative piece in the world banknote collection.
Q. What is the greatest appeal of this banknote?
A. It boasts a magnificent design themed on ancient Egyptian civilization, rarity as a high-denomination banknote, and excellent condition with a PCGS 58PPQ rating.
Q. Is it also valued as an investment?
A. High-grade, authenticated Egyptian banknotes are in high demand in the international market and attract attention from collectors looking to hold them long-term.
Q. Does GoldSilverJapan handle authenticated banknotes?
A. Yes. We carefully select and showcase rare banknotes and collector's banknotes from around the world, primarily those certified by PCGS and PMG.
Q. What are your search keywords?
A. These include Egyptian 10 Pounds, SCWPM 32, National Bank of Egypt, PCGS 58PPQ, Egyptian Banknote, Ancient Egypt Note, Pharaoh Banknote, World Banknotes, Egyptian banknotes, 10 pound banknotes, PCGS banknotes, ancient Egyptian banknotes, GoldSilverJapan, etc.
