1970 EGYPT w President Nasser Hussein VINTAGE Antique Silver 50 Pias Coin i94652 For Sale

Item: i94652Authentic Coin of:

Egypt - President Nasser Commemorative
1970 Silver 50 Piastres 32mm (12.59 grams) 0.720 Silver (0.2894 oz. ASW)
Reference: KM# 423, Schön# 128
الجمهورية العربية المتحدة ٥٠ قرشا ١٩٧٠ - ۱۳۹٠ , Inscription around and center.
Stars around Head of President Nasser facing right.

You are offerding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.

Gamal Abdel Nasser Hussein (15 January 1918- 28 September 1970) was the second President of Egypt, serving from 1954 until his death in 1970. Nasser led the 1952 overthrow of the monarchy and introduced far-reaching land reforms the following year. Following a 1954 attempt on his life by a Muslim Brotherhood member, he cracked down on the organization, put President Mohamed Naguib under house arrest and assumed executive office. He was formally elected president in June 1956.

Nasser\'s popularity in Egypt and the Arab world skyrocketed after his nationalization of the Suez Canal and his political victory in the subsequent Suez Crisis. Calls for pan-Arab unity under his leadership increased, culminating with the formation of the United Arab Republic with Syria from 1958 to 1961. In 1962, Nasser began a series of major socialist measures and modernization reforms in Egypt. Despite setbacks to his pan-Arabist cause, by 1963 Nasser\'s supporters gained power in several Arab countries, but he became embroiled in the North Yemen Civil War and eventually the much larger Arab Cold War. He began his second presidential term in March 1965 after his political opponents were banned from running. Following Egypt\'s defeat by Israel in the 1967 Six-Day War, Nasser resigned, but he returned to office after popular demonstrations called for his reinstatement. By 1968, Nasser had appointed himself Prime Minister, launched the War of Attrition to regain lost territory, began a process of depoliticizing the military and issued a set of political liberalization reforms. After the conclusion of the 1970 Arab League summit, Nasser suffered a heart attack and died. His funeral in Cairo drew five million mourners and an outpouring of grief across the Arab world.

Nasser remains an iconic figure in the Arab world, particularly for his strides towards social justice and Arab unity, modernization policies and anti-imperialist efforts. His presidency also encouraged and coincided with an Egyptian cultural boom and launched large industrial projects, including the Aswan Dam and Helwan city. Nasser\'s detractors criticize his authoritarianism, his human rights violations and his dominance of military over civil institutions, establishing a pattern of military and dictatorial rule in Egypt.

Six-Day War

In mid May 1967, the Soviet Union issued warnings to Nasser of an impending Israeli attack on Syria, although Chief of Staff Mohamed Fawzi considered the warnings to be \"baseless\". According to Kandil, without Nasser\'s authorization, Amer used the Soviet warnings as a pretext to dispatch troops to Sinai on 14 May, and Nasser subsequently demanded UNEF\'s withdrawal. Earlier that day, Nasser received a warning from King Hussein of Israeli-American collusion to drag Egypt into war. The message had been originally received by Amer on 2 May, but was withheld from Nasser until the Sinai deployment on 14 May. Although in the preceding months, Hussein and Nasser had been accusing each other of avoiding a fight with Israel, Hussein was nonetheless wary that an Egyptian-Israeli war would risk the West Bank\'s occupation by Israel. Nasser still felt that the US would restrain Israel from attacking due to assurances that he received from the US and Soviet Union. In turn, he also reassured both powers that Egypt would only act defensively.

On 21 May, Amer asked Nasser to order the Straits of Tiran blockaded, a move Nasser believed Israel would use as a casus belli. Amer reassured him that the army was prepared for confrontation, but Nasser doubted Amer\'s assessment of the military\'s readiness. According to Nasser\'s vice president Zakaria Mohieddin, although \"Amer had absolute authority over the armed forces, Nasser had his ways of knowing what was really going on\". Moreover, Amer anticipated an impending Israeli attack and advocated a preemptive strike. Nasser refused the call upon determination that the air force lacked pilots and Amer\'s handpicked officers were incompetent. Still, Nasser concluded that if Israel attacked, Egypt\'s quantitative advantage in manpower and arms could stave off Israeli forces for at least two weeks, allowing for diplomacy towards a ceasefire. Towards the end of May, Nasser increasingly exchanged his positions of deterrence for deference to the inevitability of war, under increased pressure to act by both the general Arab populace and various Arab governments. On 26 May Nasser declared, \"our basic objective will be to destroy Israel\". On 30 May, King Hussein committed Jordan in an alliance with Egypt and Syria.

On the morning of 5 June, the Israeli Air Force struck Egyptian air fields, destroying much of the Egyptian Air Force. Before the day ended, Israeli armored units had cut through Egyptian defense lines and captured the town of el-Arish. The next day, Amer ordered the immediate withdrawal of Egyptian troops from Sinai-causing the majority of Egyptian casualties during the war. Israel quickly captured Sinai and the Gaza Strip from Egypt, the West Bank from Jordan, and the Golan Heights from Syria.

According to Sadat, it was only when the Israelis cut off the Egyptian garrison at Sharm el-Sheikh that Nasser became aware of the situation\'s gravity. After hearing of the attack, he rushed to army headquarters to inquire about the military situation. The simmering conflict between Nasser and Amer subsequently came to the fore, and officers present reported the pair burst into \"a nonstop shouting match\". The Supreme Executive Committee, set up by Nasser to oversee the conduct of the war, attributed the repeated Egyptian defeats to the Nasser-Amer rivalry and Amer\'s overall incompetence. According to Egyptian diplomat Ismail Fahmi, who became foreign minister during Sadat\'s presidency, the Israeli invasion and Egypt\'s consequent defeat was a result of Nasser\'s dismissal of all rational analysis of the situation and his undertaking of a series of irrational decisions.

Egypt, officially the Arab Republic of Egypt, is a country spanning the northeast corner of Africa and southwest corner of Asia by a land bridge formed by the Sinai Peninsula. Egypt is a Mediterranean country bordered by the Gaza Strip and Israel to the northeast, the Gulf of Aqaba to the east, the Red Sea to the east and south, Sudan to the south, and Libya to the west. Across the Gulf of Aqaba lies Jordan, across the Red Sea lies Saudi Arabia, and across the Mediterranean lie Greece, Turkey and Cyprus, although none share a land border with Egypt.

Egypt has one of the longest histories of any country, tracing its heritage back to the 6th-4th millennia BCE. Considered a cradle of civilisation, Ancient Egypt saw some of the earliest developments of writing, agriculture, urbanisation, organised religion and central government. Iconic monuments such as the Giza Necropolis and its Great Sphinx, as well the ruins of Memphis, Thebes, Karnak, and the Valley of the Kings, reflect this legacy and remain a significant focus of scientific and popular interest. Egypt\'s long and rich cultural heritage is an integral part of its national identity, which has endured, and often assimilated, various foreign influences, including Greek, Persian, Roman, Arab, Ottoman Turkish, and Nubian. Egypt was an early and important centre of Christianity, but was largely Islamised in the seventh century and remains a predominantly Muslim country, albeit with a significant Christian minority.

From the 16th to the beginning of the 20th century, Egypt was ruled by foreign imperial powers: The Ottoman Empire and the British Empire. Modern Egypt dates back to 1922, when it gained nominal independence from the British Empire as a monarchy. However, British military occupation of Egypt continued, and many Egyptians believed that the monarchy was an instrument of British colonialism. Following the 1952 revolution, Egypt expelled British soldiers and bureaucrats and ended British occupation, nationalized the British-held Suez Canal, exiled King Farouk and his family, and declared itself a republic. In 1958 it merged with Syria to form the United Arab Republic, which dissolved in 1961. Throughout the second half of the 20th century, Egypt endured social and religious strife and political instability, fighting several armed conflicts with Israel in 1948, 1956, 1967 and 1973, and occupying the Gaza Strip intermittently until 1967. In 1978, Egypt signed the Camp David Accords, officially withdrawing from the Gaza Strip and recognising Israel. The country continues to face challenges, from political unrest, including the recent 2011 revolution and its aftermath, to terrorism and economic underdevelopment. Egypt\'s current government is a presidential republic headed by President Abdel Fattah el-Sisi, which has been described by a number of watchdogs as authoritarian.

Islam is the official religion of Egypt and Arabic is its official language. With over 95 million inhabitants, Egypt is the most populous country in North Africa, the Middle East, and the Arab world, the third-most populous in Africa (after Nigeria and Ethiopia), and the fifteenth-most populous in the world. The great majority of its people live near the banks of the Nile River, an area of about 40,000 square kilometres (15,000sqmi), where the only arable land is found. The large regions of the Sahara desert, which constitute most of Egypt\'s territory, are sparsely inhabited. About half of Egypt\'s residents live in urban areas, with most spread across the densely populated centres of greater Cairo, Alexandria and other major cities in the Nile Delta.

The sovereign state of Egypt is a transcontinental country considered to be a regional power in North Africa, the Middle East and the Muslim world, and a middle power worldwide. Egypt\'s economy is one of the largest and most diversified in the Middle East, and is projected to become one of the largest in the world in the 21st century. In 2016, Egypt overtook South Africa and became Africa\'s second largest economy (after Nigeria). Egypt is a founding member of the United Nations, Non-Aligned Movement, Arab League, African Union, and Organisation of Islamic Cooperation.

Frequently Asked Questions

Mr. Ilya Zlobin, world-renowned expert numismatist, enthusiast, author and dealer in authentic ancient Greek, ancient Roman, ancient Byzantine, world coins & more.

Who am I dealing with?

You are dealing with Ilya Zlobin, ancient coin expert, enthusiast, author and dealer with an online store having a selection of over 15,000 items with great positive response from verified buyers and over 10 years experience dealing with over 57,000 ancient and world coins and artifacts. Ilya Zlobin is an independent individual who has a passion for coin collecting, research and understanding the importance of the historical context and significance all coins and objects represent. Most others are only concerned with selling you, Ilya Zlobin is most interested in educating you on the subject, and providing the largest selection, most professional presentation and service for the best long-term value for collectors worldwide creating returning patrons sharing in the passion of ancient and world coin collecting for a lifetime.

How long until my order is shipped?

Orders are shipped by the next business day (after receipt of payment) most of the time.

How will I know when the order was shipped?

After your order has shipped, you will be left positive response, and that date could be used as a basis of estimating an arrival date. Any tracking number would be found under your \'Purchase history\' tab.

USPS First Class mail takes about 3-5 business days to arrive in the U.S. International shipping times cannot be estimated as they vary from country to country.

Standard international mail to many countries does not include a tracking number, and can also be slow sometimes. For a tracking number and signature confirmation, you may want to do Express Mail International Shipping, which costs more, however, is the fastest and most secure. Additionally you may be able to receive your order in as little as 3-5 business days using this method. For Express Mail International, it may be possible to place up to 10-15 items in one package (for the one shipping cost) as it is flat rate envelope, which may be the most cost-effective, secure and fastest way to receive items internationally. Send me a message about this and I can update your invoice should you want this method.

Getting your order to you, quickly and securely is a top priority and is taken seriously here. Great care is taken in packaging and mailing every item securely and quickly.

Please be aware, I cannot take responsibility for any postal service delivery delays, especially for international packages as it may happen in rare instances.

What is a certificate of authenticity and what guarantees do you give that the item is authentic?

Each of the items sold here, is provided with a Certificate of Authenticity, and a Lifetime Guarantee of Authenticity, issued by a world-renowned numismatic and antique expert that has identified over 57,000 ancient coins and has provided them with the same guarantee. You will be very happy with what you get with the COA; a professional presentation of the coin, with all of the relevant information and a picture of the coin you saw in the listing. Additionally, the coin is inside it\'s own protective coin flip (holder), with a 2x2 inch description of the coin matching the individual number on the COA.

On the free-market such a presentation alone, can be considered a $25-$50 value all in itself, and it comes standard with your purchases from me, FREE. With every purchase, you are leveraging my many years of experience to get a more complete context and understanding of the piece of history you are getting. Whether your goal is to collect or give the item as a gift, coins presented like this could be more prized and valued higher than items that were not given such care and attention to.

Buy a coin today and own a piece of history, guaranteed.

Is there a money back guarantee?

I offer a 30 day unconditional money back guarantee. I stand behind my coins and would be willing to exchange your order for either store credit towards other coins, or refund, minus shipping expenses, within 30 days from the receipt of your order. My goal is to have the returning customers for a lifetime, and I am so sure in my coins, their authenticity, numismatic value and beauty, I can offer such a guarantee.

When should I leave response?

Once you receive your order, please leave a positive response. Please don\'t leave any negative responses, as it happens sometimes that people rush to leave response before letting sufficient time for their order to arrive. Also, if you sent an email, make sure to check for my reply in your messages before claiming that you didn\'t receive a response. The matter of fact is that any issues can be resolved, as reputation is most important to me. My goal is to provide superior products and quality of service.

How and where do I learn more about collecting ancient coins?

Visit the \"Guide on How to Use My Store\" for on an overview about using my store, with additional information and links to all other parts of my store which may include educational information on topics you are looking for.