Obverse. Photo © Monetnik.ru
  • 5 Pounds 1984, KM# 567, Egypt, 75th Anniversary of the Cooperative Movement in Egypt
  • 5 Pounds 1984, KM# 567, Egypt, 75th Anniversary of the Cooperative Movement in Egypt
Description

The cooperative movement in Egypt celebrated its 75th anniversary in 1984. Cooperatives were established as part of the “anti-colonial struggle”. The emerging cooperatives were decentralized and self-managed structures based on the Raiffeisen and the British industrial and provident society legal framework. The creation of a Registry of cooperatives able to intervene, and secondary and apex organizations were also features of the emerging movement. The cooperative movement today consists of five sectors: consumer, agriculture, fishery, housing and production and 18 thousand democratic cooperative organizations. It provides services to 25 million citizens.

Obverse

Depicts an emblem of the Cooperative Movement in Egypt: 7 honeycombs with wheat, fishes, family, house, cogwheel and the inscription "And cooperate in righteousness and piety" in the centre. Designer's mark below.

و تعاونوا على البر والتقوى

Reverse

Denomination in mirrored stylized flowers, dates (Hegira and Gregorian) below, calligraphic art state name "Arab Republic of Egypt" in the centre, the inscription "The Diamond Jubilee of Cooperation" above.

العيد الماسي للتعاون
جمهورية مصر العربية
١٤٠٤ - ١٩٨٤

Edge

5 Pounds

75th Anniversary of the Cooperative Movement in Egypt

KM# 567
Characteristics
Type Commemorative Issue (Non-circulating)
Material Silver
Fineness 0.720
Weight 17.5 g
Diameter 37 mm
Thickness -
Shape round
Alignment Medal
Mint
Cairo Mint

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