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50 Qirsh / Piastres New Capital Egypt

Issuer Central Bank of Egypt
Year 2019
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Weight 6.5 g
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Obverse lettering جمهورية مصر العربية ٥٠ قرشاً 50 PIASTRES
(Translation: The Arab Republic of Egypt 50 Qirsh 50 Piastres)
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Reverse script Arabic
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Additional information

Egypt's administrative capital relocation project — announced in 2015 and still incomplete at the time this coin entered circulation — prompted one of the more unusual commemorative circulation issues in recent Egyptian numismatic history. The decision to mint a circulating denomination around an unfinished city reflected the government's political investment in the project, a $58 billion development undertaken largely through military-affiliated construction entities.

KM#1033 is a relatively recent addition to the Egyptian circulation series and sees little collector premium at present.

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