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1 Lira Italian occupation WWII

Issuer Cassa Mediterranea di Credito per l'Egitto
Year 1942
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Value 1 Lira
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Obverse description Intaglio bust of Emperor Augustus (Octavian) in military dress at left within an ornate vignette frame, set against a fine guilloche underprint. Central text panel carries the bilingual legend in Italian and Arabic, with the denomination rendered in large ornate script reading 'Una Lira EG.' An empty oval cartouche at right is framed by decorative scrollwork and shell motifs, flanking the central inscription block.
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Reverse lettering CASSA MEDITERRANEA DI CREDITO PER L'EGITTO
صندوق البحر المتوسط التسليفي لمصر
BUONO PER
Una
LIRA EG.
هذا السند يسوى منها مصريا واحدا
IL PRESENTE BUONO DEVE ESSERE ACCETTATO IN PAGAMENTO PER IL SUO VALORE NOMINALE
1 LIRE EG.
بنر مصري
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Comments

The Cassa Mediterranea di Credito per l'Egitto was a purpose-built occupation currency authority, established by Italian military administrators to manage monetary affairs in territories they expected to hold permanently. This note was printed in Rome in anticipation of a conquest that never fully materialized — Rommel's push toward Alexandria stalled at El Alamein in 1942, and the occupation currency series for Egypt saw almost no genuine field circulation before the North African campaign collapsed.

The entire M-series for Egypt is consequently scarce in circulated grades, not because notes were preserved carefully, but because most never left military supply channels.

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