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1 Pound Suez Canal Reopening
| Issuer | Central Bank of Egypt |
|---|---|
| Year | 1981 |
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| Currency | Pound (1916-date) |
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| Reverse description | Central design depicting the bow of a large vessel passing through the Suez Canal, rendered in bold relief with the ship's superstructure and masts prominently displayed. To the left of the vessel a stylised sun with radiating spokes is visible, symbolising progress and navigation, while to the right an eagle's head with outstretched wing appears above water lines representing the canal. A wreath of laurel and olive branches frames the right and lower portions of the central device. An Arabic commemorative legend curves along the left inner border, reading 'إعادة إفتتاح قناة السويس' (Reopening of the Suez Canal), and a toothed border encircles the entire reverse field. |
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| Mintage | 1401 (1981) - ١٤٠١ - ١٩٨١ - 48,000 1401 (1981) - ١٤٠١ - ١٩٨١ Proof - 2,000 |
| Additional information |
Egypt issued this coin to mark the completion of the Suez Canal's post-war reconstruction — the waterway had been closed for eight years following its blockage during the 1967 Six-Day War, when sunken vessels and wartime debris left it impassable until a joint Egyptian-American clearance operation concluded in 1975. Sadat's reopening ceremony that June was a deliberate political signal, reframing Egypt's relationship with the West at precisely the moment Nasser-era pan-Arabism was losing its grip.
The .720 silver alloy was Egypt's standard for commemorative pounds of this period, shared across several issues of the late Sadat years.