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1 Pound non-magnetic
| Issuer | Central Bank of Egypt |
|---|---|
| Year | 2005 |
| Type | Log in to see details |
| Value | 1 Pound |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Obverse description | The brass centre displays the Arabic numeral '١' (one) above the Arabic word 'جنيه' (pound) in stylised calligraphy, occupying the central field. The copper-nickel outer ring bears the Arabic legend 'جمهورية مصر العربية' (Arab Republic of Egypt) along the upper arc, with the Hijri year '١٤٢٦' and Gregorian year '٢٠٠٥' at the left and right sides respectively. The Latin legend 'ONE POUND' is inscribed along the lower arc of the ring in raised capital letters. |
|---|---|
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| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Edge | Reeded |
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| Additional information |
Egypt shifted to a bimetallic pound coin in 1992 partly to combat counterfeiting of the brass-clad steel version then in circulation, and partly to align with a broader regional trend toward distinctive high-denomination coinage. The non-magnetic designation here distinguishes this piece from the earlier steel-core issues, which were prone to corrosion in Egypt's climate and were quietly pulled from production.
By 2005, the pound coin had largely supplanted the one-pound note in everyday transactions, a transition the Central Bank had been pushing since the late 1990s to reduce currency printing costs.