• 1 Pound 2011-2015, KM# 1001, Egypt, National Achievements of Egypt, New Suez Canal
  • 1 Pound 2011-2015, KM# 1001, Egypt, National Achievements of Egypt, New Suez Canal
Description

In the summer of 2014, months after taking office as President of Egypt, Abdel Fattah el-Sisi ordered the expansion of the Ballah Bypass from 61 metres (200 ft) wide to 312 metres (1,024 ft) wide for 35 kilometres (22 mi). The project was called the New Suez Canal, as it allows ships to transit the canal in both directions simultaneously. The project cost more than E£59.4 billion (US$9bn) and was completed within one year. Sisi declared the expanded channel open for business in a ceremony on 6 August 2015.

A mule variation exists (correct obverse with the reverse of KM# 940a dated 2011).

A mule coin is a type of error coin that has an obverse (heads side) and reverse (tails side) not typically seen on the same piece. A mule coin consists of 2 coins that wouldn't ordinarily go together.

Obverse

Depicts the logo of the Suez Canal Authority (two opposite ships), the inscription "New Suez Canal" above, year of issue in Gregorian and Hijri calendars (both in Arabic).

The Suez Canal Authority (SCA), established on July 26th, 1956, is a public and independent authority of a juristic personality, SCA shall report to the Prime Minister. It has all the authorities needed for running the Canal without being limited by the laws and the systems of the government.

قناة السويس
الجديدة

Reverse

State name in Arabic, denomination in Arabic and English, year of issue in Gregorian and Hijri calendar years (both in Arabic).

جمهورية مصر العربية
1
جنيه
٢٠١١م ONE POUND ١٤٣٢هـ

Edge

1 Pound

KM# 1001 Schön# 725
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Characteristics
Type Commemorative Issue (Circulating)
Material Bi-Metallic
Ring Nickel Plated Steel
Center Brass Plated Steel
Weight 8.5 g
Diameter 25 mm
Thickness 2.6 mm
Shape round
Alignment Medal
Mint
Cairo Mint

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