50-Piaster Banknotes and Coins for 100,000 Egyptian Pounds

The trade in old Egyptian coins is more than just a way to make quick money. Many collectors are passionate about owning rare and antique coins, which are often treated as valuable collectibles and even used to decorate homes and shops as historical artifacts.

One of the most surprising developments in the world of numismatics is the inclusion of the 50-piaster banknotes and coins among the valuable old Egyptian currencies being sold for profit—despite the fact that they are still in circulation and not considered extinct.

Recently, the selling price of old half-pound coins (equivalent to 50 piasters) has ranged between 2,000 and 5,000 Egyptian pounds. In rare cases, coins in excellent condition or special editions have been sold for up to 100,000 Egyptian pounds.

Whether it's a 50-piaster banknote or a coin, value varies significantly based on the edition, condition, and rarity. Early editions or those with unique designs, such as the 1911 banknote featuring the Sphinx, are especially sought after.

Ancient Egyptian Coins and Their Value

It's important to note that not all 50-piaster coins or banknotes are valuable. Many are still used in the Egyptian market today. However, those issued in the early 20th century, especially banknotes from 1911 with the image of the Sphinx either in the center or on the left side, are among the most expensive, reaching up to 100,000 Egyptian pounds in specialized markets.

Where to Sell Old Coins in Egypt

If you are in possession of old Egyptian coins or banknotes, especially the rare 50-piaster banknotes and coins, you might be wondering where you can sell them. There are several markets and platforms in Egypt that specialize in this trade.

Best Places to Sell Ancient Coins in Alexandria

Alexandria is a hub for ancient coin collectors and sellers. Popular areas for selling old coins include:

Khaled Ibn Al-Walid Street (Miami)
Sa’at Al-Syouf area
Ibrahimiya
Raml Station
Masr Station
Mansheya
Attarin
Friday Market
Bahri area and Alexandria Corniche streets

Best Places to Sell Ancient Coins in Cairo

Cairo also has several hotspots for selling ancient coins. The most famous include:

Downtown Cairo (various shops and auctions)
Khan El Khalili
Emad El-Din Street
Al-Alfy Street

Online Auctions and Social Media Marketplaces

Besides physical locations, many sellers are now turning to online auctions and social media platforms to reach a wider audience. Facebook groups, specialized websites, and online marketplaces offer a convenient way to list and sell old coins, including valuable 50-piaster banknotes and coins.

Tip: Always verify the authenticity of your coin and consult with a professional evaluator before finalizing a sale.

Conclusion

Whether you are a collector or simply happen to own an old coin, the 50-piaster banknotes and coins could bring you unexpected fortune. With some editions fetching prices as high as 100,000 Egyptian pounds, it’s worth checking the rarity and condition of what you own. And if you're ready to sell, head to Alexandria, Cairo, or explore online auction platforms.