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Khedive Tawfiq and the reform of the Egyptian currency in 1885
The reform of the Egyptian currency in 1885 was a turning point in the history of Egypt. Under Khedive Tawfiq, the country faced financial collapse and war. Internal conditions in Egypt deteriorated after he assumed power, with financial problems being the root cause of Egypt's decline and the origin of foreign intervention. For any effective control over Egyptian affairs, the first and most necessary step was…
March 25, 2023Meaning of Ansar coins
Have you ever wondered what "uncirculated" means in the context of currencies? We will attempt to explain this question in simple points to clarify the concept. What are uncirculated currencies? The term "uncirculated" is an Arabicized word derived from the English word "uncirculated," and it refers to the condition of a currency. It means a currency that has never been in circulation, representing the highest degree of currency condition…
May 22, 2022Massacre of the Directors of the Mint
Most of us have heard the story of the Citadel Massacre, in which Muhammad Ali Pasha eliminated the Mamluks, seeing them as a threat to his dreams of modernizing Egypt. But did you know, my friend, that a similar massacre took place long ago, targeting the officials of the mint? Our story didn't unfold in Egypt, but rather in medieval England…
February 22, 2021Janvier coin minting machine
This is perhaps the most accurate method currently known for counterfeiting currency: reverting to the original using a Janvier die for minting… The Janvier die was invented by the French sculptor Victor Janvier in 1899. He wanted to invent a machine that could reduce the design from the plaster mold made by the sculptor to the steel die used for minting coins. Simply put, the plaster mold is installed…
January 8, 2019