new NGC branch in Egypt
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really we need a new NGC branch in egypt , we can not send our rare coins to be evaluated out of Egypt , the authority in Egypt takes all coins before 1952

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Elshahed are you saying the Egyptian govt confiscates all pre 1952 egyptian coins? I have noticed a lot of egyptian coins go for a lot of money and there is lots of bidding on them.
 

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On 9/29/2019 at 12:50 AM, Mk123 said:

Elshahed are you saying the Egyptian govt confiscates all pre 1952 egyptian coins? I have noticed a lot of egyptian coins go for a lot of money and there is lots of bidding on them.
 

Egyptian govt confiscates all pre 1952 egyptian coins on airports please follow those links , https://www.youm7.com/story/2019/4/27/جمارك-مطار-برج-العرب-تحبط-محاولة-تهريب-عملات-معدنية-أثرية/4223009  ,https://www.almasryalyoum.com/news/details/1290658

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Interesting.  They even pose with the coins similar to how our customs agents in the US do with drug seizures.

I'm not familiar with the laws but the article cites these:

Law of Protection of Antiquities No. 117 of 1983, and its amendments by Law No. 3 of 2010

Law No. 94 of 1983 on the Money System in the Arab Republic of Egypt

...........

A while back I made a low cost eBay purchase from a seller in Egypt (like, less than $5).  Primarily for a novelty/counterfeit British Sovereign that was in the mix that I wanted to see in hand. The coins were sent via FedEx and taped to a piece of paper.  Had I been interested in the value I may have been upset but I was definitely curious as to why they were mailed the way they were.

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@Elshahed well that really sucks for Egyptians who want to collect a piece of something from their own country! Turkey is another country that has a similar law, I was told by a turkish person on instagram that there is a law preventing any turkish citizen from owning coins pre 1839. If they find them, they have to turn them over to the government, but I'm sure anyone that finds a cache/hoard of older turkish coins may simply just melt it and get the precious metals value out of them or get them smuggled out.

I will say that older egyptian crowns like the 20 piastres go for big money, simply look at heritage prices or ebay prices, they are hot and sell well

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