Obverse. Photo © Heritage Auctions
  • 1 Pound 1960, KM# 401, Egypt, Start of the Construction of the Aswan High Dam
  • 1 Pound 1960, KM# 401, Egypt, Start of the Construction of the Aswan High Dam
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

Depicts the Aswan Dam in the Nile with a trowel over the rising sun at the horizon above inside a wreath made of cotton and spikes (ears). The inscription 'Commemoration of the implementation of the High Dam in Aswan' below.

The Aswan Dam, or more specifically since the 1960s, the Aswan High Dam, is the world's largest embankment dam, which was built across the Nile in Aswan, Egypt, between 1960 and 1970. Its significance largely eclipsed the previous Aswan Low Dam initially completed in 1902 downstream. Based on the success of the Low Dam, then at its maximum utilization, construction of the High Dam became a key objective of the government following the Egyptian Revolution of 1952; with its ability to better control flooding, provide increased water storage for irrigation and generate hydroelectricity the dam was seen as pivotal to Egypt's planned industrialization. Like the earlier implementation, the High Dam has had a significant effect on the economy and culture of Egypt. The Aswan Dam was designed by the Moscow-based Hydroproject Institute.

تذكار
تنفيذ السد العالي بأسوان

Reverse

Depicts mirrored vulture wings and Egyptian cobra heads (symbols of Ancient Egypt) flanking the disk of the sun (God Amun Ra). The country name (Arab Republic of Egypt), value and dates (Hegira and Gregorian) above.

The Egyptian cobra (Naja haje) was represented in Egyptian mythology by the cobra-headed goddess Meretseger. A stylised Egyptian cobra—in the form of the uraeus representing the goddess Wadjet—was the symbol of sovereignty for the Pharaohs who incorporated it into their diadem.

الجمهورية العربية المتحدة
جنيه واحد
١٣٧٩ - ١٩٦٠

Edge
Characteristics
Type Commemorative Issue (Non-circulating)
Material Gold
Fineness 0.875
Weight 8.5 g
Diameter 23.5 mm
Thickness -
Shape round
Alignment Medal
Mint
Cairo Mint

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