1 Pound 100th Anniversary of Electricity in Egypt

Egypt's national electricity grid traces its origin to 1896, when the Cairo Electric Railways and Heliopolis Oases Company began supplying power to the capital — making this 1996 issue a centennial commemoration of that concession. The grid expanded dramatically under Nasser's nationalization program in the 1950s and 1960s, with the Aswan High Dam's hydroelectric capacity later becoming central to Egypt's industrial ambitions.

The .720 fineness places this squarely in Egypt's mid-tier commemorative silver program of the period, issued for domestic collectors rather than export markets.