18 May 1951 Egypt One Pound Banknote King Farouk P# 24b Signed A. Zaki Saad

Description

1951 Egypt One Pound Banknote
Pick Number 24b
Signature Ahmed Zaki Saad
PMG 35 Choice Very Fine
For Your Egypt or World Currency Collection-PCU1903*
Details
Description:
A beautiful choice very fine banknote from Egypt. This is the May 18, 1951 one pound. The banknote is blue brown, lilac and green on the front. It has the image of King Farouk the first in a circular frame to the right and a lilac colored circle to the left of the front. The note is written in Arabic on the front with the serial number being only in Arabic numerals. The back of the note is blue in color and depicts the image of the temple of Isis on the island of Philae in the Nile. The back has a white circle to the left of the front where the water mark is located. The back is written in English and shows the name of the National Bank of Egypt and the denomination both in numerals and spelled out. The note has a watermark showing the head of the Sphinx. This particular note has the serial number 970001 (which we like very much) and is series GH/14 (Khah Dal/14). Note that the banknote is misattributed on the PMG holder as having the serial number 980001, which is wrong. We also feel the note is under graded and should have had a higher grade, but we leave that to the buyer to decide. The note is clean and fresh looking withe squared corners showing minimum, if any, rounding. It was issued by the National Bank of Egypt and is signed by Ahmed Zaki Saad, who was the governor of the National Bank of Egypt at the time. The note is graded 35 Choice Very Fine by PMG and comes in a plastic holder so labeled. Please carefully review the scan provided as it is part and parcel of our description.
Date:
18 May 1951.
Printer:
Bradbury Wilkinson & Co. of New Malden, Surrey, England.
Size:
The banknote measures ~6 1/4" by ~3 3/8".
Pick Number:
P24b and is listed in the Banknote Book as B123b.
Condition:
The banknote is graded as 35 Choice Very Fine by PMG and comes in a plastic holder so labeled. It is clean and fresh looking. It has squared corner with minimum, if any, rounding. The note is misattributed on the PMG holder as having the serial number 980001, which is wrong (the note has the serial number 970001). We also feel the note is under graded and should have had a higher grade, but we leave that to the buyer to decide. The edges of the note are intact and show no roughness. A great looking scarce note, which would make a great addition to your collection. Please see photo for additional condition information.
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