Obverse. Image Courtesy of Professional Coin Grading Service (PCGS.com)
  • 1 Pound 1996, KM# 946, Egypt, 100th Anniversary of the Electricity in Egypt
  • 1 Pound 1996, KM# 946, Egypt, 100th Anniversary of the Electricity in Egypt
Description

Electricity was first introduced in Egypt in 1893, the generation and distribution of electricity was practiced exclusively by private companies. In 1962, the generation, transmission, and distribution of electricity were nationalized under three authorities (the Electricity Production Authority, the Electricity Distribution Authority, and the Electricity Projects Implementation Authority) leaving the government as the sole owner and operator of all electrical companies. These three authorities were replaced in 1965 by the public Egyptian Corporation for Electricity which remained active until 1976 when it was converted into the Egypt Electricity Authority as decreed by electricity sector Law no. 12. In 1978 the Egypt Electricity Authority supervised the establishment of seven geographically divided electricity distribution companies. An additional electrical power distribution authority was established in 1983 as a means of supervising distribution companies which had become independent of the Egypt Electricity Authority.

Obverse

Depicts a pyramid and rising sun with an electricity column behind, in front of it a signal of electricity with one hundred in Arabic numerals, a cogwheel below and the inscription "100th Anniversary of the Electricity in Egypt".

العيد المئوي للكهرباء في مصر
١٨٩٦ - ١٩٩٦
ديسمبر

Reverse

Denomination divides dates (Gregorian and Hegira), legend "Arab Republic of Egypt" above.

جمهورية مصر العربية
جنيه واحد
١٩٩٦ ١٤١٧

Edge
Characteristics
Type Commemorative Issue (Non-circulating)
Material Gold
Fineness 0.875
Weight 8 g
Diameter 24 mm
Thickness -
Shape round
Alignment Medal
Mint
Cairo Mint

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