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1 Pound National Planning Institute, Gold issue

Issuer Egypt
Year 1985
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Value 1 Pound
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Obverse lettering جنيه واحد جمهورية مصر العربية ١٤٠٥ ١٩٨٥
(Translation: One Pound Arab Republic of Egypt 1985 1405)
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Reverse script Arabic
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Egypt's National Planning Institute was established in 1960 under Nasser as part of the broader push toward state-directed economic development, but by 1985 the institution it commemorates had become increasingly marginal — Sadat's infitah policies of the 1970s had already shifted Egypt away from centralized planning toward market liberalization. Issuing a gold commemorative for a planning body in the middle of an IMF-pressured reform period has a certain irony to it.

Struck at .875 fineness rather than the more common .900 gold standard, placing it in the same alloy class as British sovereigns of the period.

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