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5 Piastres ND 1971 issue
| Issuer | Arab Republic of Egypt, Ministry of Finance |
|---|---|
| Year | 1971-1991 |
| Type | Log in to see details |
| Value | 5 Piastres (0.05 EGP) |
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| Composition | Log in to see details |
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| Obverse description | Lilac and pale green on white unprinted paper, with guilloche underprint filling the note field. At right, a finely engraved bust of Queen Nefertiti in right profile is set within a circular frame, while Arabic inscriptions arrange the issuer name, denomination in Arabic script, and legal authority text across the upper, central, and lower fields. The Minister of Finance signature line and the printer's imprint appear in the lower portion. |
|---|---|
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| Protection description | A.R.E. watermark visible in the plain oval area at right of reverse |
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| Comments |
Egypt's fractional treasury notes occupy a peculiar administrative space — issued by the Ministry of Finance rather than the Central Bank, they bypassed the Banque Misr and National Bank of Egypt entirely for small-denomination circulation. This 5 Piastres note ran for two full decades under at least ten ministers, which is why serious collectors track it by serial prefix and watermark rather than year.
The watermark shift from "UAR" to "ARE" is the key diagnostic: the United Arab Republic designation was formally dropped in September 1971, so any prefix series still carrying "UAR" watermarked stock — Hegazy's earliest runs — was printed on paper predating that constitutional change. The printer also changed mid-run, with the Survey Authority eventually giving way to the Postal Printing House during Salah Hamed's tenure, producing a split attribution within a single signature series at S/50.