Egypt 1 Pound 1968

History

1 Pound 1968, KM# 415, Egypt, Power Plant of the Aswan High Dam

Obverse. Photo © NumisCorner.com

Description

The United Arab Republic (UAR) was a short-lived political union between Egypt and Syria. The union began in 1958 and existed until 1961, when Syria seceded from the union after the 1961 Syrian coup d'état. Egypt continued to be known officially as the "United Arab Republic" until 1971. The president was Gamal Abdel Nasser. It was a member of the United Arab States, a loose confederation with North Yemen which in 1961 dissolved along with the Republic.

Obverse	Construction (building, bridge etc.) Power station, Dam Tree, flower, plant etc. Wheat Depicts Power plant of the Aswan High Dam, with the dam itself in the background, flanked by wheat sprigs. The inscription"Commemoration of starting the production of energy by the High Dam" below. The dam powers twelve generators each rated at 175 megawatts (235,000 hp), with a total of 2.1 gigawatts (2,800,000 hp). Power generation began in 1967. When the High Dam first reached peak output it produced around half of Egypt's production of electric power (about 15 percent by 1998), and it gave most Egyptian villages the use of electricity for the first time. تذكار انطلاق كهرباء السد العالى
Reverse	Denomination divides dates (Hegira and Gregorian), legend "United Arab Republic" above. Date "9 January" (9 January 1960: start of construction of Aswan High Dam) below. الجمهورية العربية المتحدة جنيه واحد ١٣٨٧ ٩ يناير ١٩٦٨
Edge	Reeded (milled)