Egypt AH1340 (1922) 500 Piastre Gold Coin, King Fuad I, NGC AU55 | A rare coin with historical significance and asset value, not just a pick-up item | GoldSilverJapan
The AH1340 (1922 AD) 500 piastre gold coin is one of the most popular large gold coins among modern Egyptian coins, symbolizing the early days of the Kingdom of Egypt. Issued in 1922, this coin, depicting the portrait of King Fuad I, the first king of Egypt, is highly valued by collectors worldwide as a historical coin. The coin presented here has been graded AU55 (About Uncirculated 55) by the NGC (Numismatic Guaranty Company), with certification number 4380501-013. AU55 indicates excellent condition, with only slight signs of circulation, and the detailed design and golden luster remaining well-preserved. The historic year of 1922 marked a turning point, when Egypt declared independence from British protection and began its new journey as a modern nation. This 500 piastre gold coin is not merely a precious metal, but a historical commemorative coin issued as a symbol of the nation's birth. GoldSilverJapan carefully selects and introduces world-renowned gold coins that possess historical significance, artistic merit, rarity, and inherent asset value. This page provides a detailed explanation of the history, design, rarity, collectible value, and international market valuation of the 1922 Egyptian 500 Piastre gold coin.
The obverse features a powerful portrait of Fuad I, the first king of Egypt, facing right. His wearing of a fez cap instead of a crown symbolizes the characteristics of the Egyptian royal family at the time, representing a fusion of modernization and traditional culture. The king's name is inscribed in Arabic around the portrait, and the intricate portrait engraving possesses a remarkably high level of artistry, comparable to the world standards of the time, including those of the British Royal Mint. Even the fine details of the beard, ears, and clothing lines are meticulously rendered, and the coin remains highly regarded as a work of art. Despite being AU55 grade, this particular coin retains its three-dimensionality in the hair, cheeks, and hat details, and its beautiful original gold color is well-preserved. The beading (beaded rim) is also clear, and the wear on the portrait is minimal. AU grade coins are highly sought after in the market, offering near-uncirculated beauty while being relatively more affordable than mint-state coins. They are in high demand not only among Egyptian coin collectors worldwide, but also among collectors specializing in Islamic coins, British colonial history, and modern African currency.
The reverse features a beautiful Tughra-style design in Arabic calligraphy at its center, with the king's name and title expressed in artistic calligraphy. The outer edge is inscribed with the year of issue, AH1340, and the corresponding year, 1922, and is surrounded by evenly spaced star-shaped decorations. The geometric balance and elegant calligraphy, characteristic of Islamic art, possess a unique beauty distinct from Western gold coins, making it one of the greatest attractions of Egyptian gold coins. The design, composed solely of Arabic script, reflects the religious and cultural background and is highly regarded as a representative work of modern Islamic world numismatic art. The deeply stamped letters remain clear even today, and the AU55 condition allows for clear examination of the letter edges and background luster. While Egyptian gold coins are highly popular in the global market, the supply of high-grade pieces is not abundant. Therefore, NGC-certified pieces offer not only peace of mind regarding authenticity but also significant advantages in terms of liquidity in the international market.
1922 is a very important year in Egyptian history. In this year, Britain recognized Egypt's independence, and the country transitioned from a sultanate to a kingdom. Fuad I ascended to the throne as King of Egypt, and various coins were issued as symbols of the new kingdom. Among them, the 500 piastre gold coin was one of the highest denominations and is thought to have been used more by the wealthy, for interbank settlements, large transactions, and asset holdings than for general circulation. At that time, the global economy was in a period of reconstruction after World War I, and countries maintained financial systems based on the gold standard. Egypt, as an international trading nation, also considered gold coins important, and this 500 piastre gold coin represented the nation's creditworthiness and economic strength. Today, many of the coins that actually circulated have been lost due to melting or wear, and very few remain in beautiful condition. For this reason, they are attracting increasing attention at international auctions each year, and certified high-quality pieces in particular have become a popular category that collectors from all over the world compete for.
The NGC's AU55 rating signifies exceptionally good condition for a circulating coin. While wear is minimal, the original details and golden luster remain intact, making it highly attractive as a collector's item. In recent years, the international market has seen a significant impact not only on the price of gold, but also on historical context, rarity, and the presence of certification by a third-party appraisal organization. The NGC is one of the world's most trusted appraisal organizations, and its certification not only guarantees authenticity but also plays a crucial role in facilitating transactions in the international market. The 1922 Fuad I 500 Piastre gold coin is gaining popularity not only in the Middle Eastern coin market but also in Europe, America, and Japan, and is highly regarded by collectors seeking long-term ownership of this historical gold coin. Furthermore, its appeal lies not only in its pure collectible value but also in its tangible asset value as gold. As a world-renowned masterpiece that simultaneously offers the enjoyment of history, art, and asset value, it is expected to maintain stable popularity in the international market in the future.
FAQ
Q. When was this coin issued?
This is an Egyptian 500 piastre gold coin issued in A. AH1340 (1922 AD).
Q. Who are the people depicted?
A. This is King Fuad I, the first king of the Kingdom of Egypt.
Q. What is the face value?
A. 500 pierstle (5 pound gold).
Q. What is NGC grade?
A. AU55 (About Uncirculated 55).
Q. What is the authentication number?
A. NGC Cert #4380501-013.
Q. What does AU55 mean?
A. There are slight signs of handling, but the details are very well preserved, making it a high-quality item in excellent condition.
Q. Is this gold coin rare?
A. Yes. This large Egyptian gold coin, representative of the independence period in 1922, is popular worldwide, and examples in good condition are rare.
Q. Why is 1922 important?
A. Because it is a historic year in which Egypt declared independence and began as a kingdom.
Q. Is it a popular investment target?
A. Yes. It is popular for long-term holding purposes because it possesses both historical value and the asset value of gold itself.
Q. What are the advantages of NGC testing?
A. There are significant advantages, including guaranteeing authenticity, objective evaluation of the condition of the item, and improved credibility in the international market.
Q. Is there demand from overseas collectors?
A. It is very popular and enjoys widespread popularity, particularly in the Middle East, Europe, and America.
Q. What kinds of coins does GoldSilverJapan handle?
A. We specialize in NGC/PCGS graded coins, rare gold and silver coins from around the world, historical coins, and antique coins.
The following are accepted: Egypt 500 Piastres Gold 1922, King Fuad I Gold Coin, AH1340 Gold Coin, NGC AU55, Egypt Gold 5 Pounds, Egyptian 500 Piastre Gold Coin, King Fuad I Gold Coin, Antique Gold Coins, NGC Certified Coins, GoldSilverJapan, etc.
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This product is sold as a collector's item, such as coins and banknotes, that have collectible and material value. It is not intended for use as currency, but is handled as a product with collectible and material value.
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