1960, Egypt (United Arab Republic). Heavy Gold 5 Pounds Coin. Mint Year: 1960 Mintage: 5,000 pcs. Reference: Friedberg 119, KM-402. Denomination: 5 Pounds – Aswan Dam Condition. Certified and graded by NGC as MS-62 the grade could be considered conservative as the coin appears as to be proof-like! 875 Weight: 42.6gm. Obverse: Birdview of the Aswan Dam Powerstation, flanked by sprays. The Aswan Dam powers twelve generators each rated at 175 megawatts, producing a hydroelectric output of 2.1 gigawatts. Power generation began in 1967. When the dam first reached peak output it produced around half of Egypt’s entire electricity production (about 15% by 1998) and allowed most Egyptian villages to use electricity for the first time. The High Dam has also improved the efficiency and the extension of the Old Aswan Hydropower stations. Reverse: Arabic inscriptions above dual date (1960 AD / AH 1379) above ancient Egyptian winged sun. The winged sun is a symbol associated with divinity, royalty and power in the Ancient Near East (Egypt, Mesopotamia, Anatolia, and Persia). In ancient Egypt, the symbol is attested from the Old Kingdom (Sneferu, 26th century BC), often flanked on either side with a uraeus. In early Egyptian religion, the symbol Behedeti represented Horus of Edfu, later identified with Ra-Harachte. It is sometimes depicted on the neck of Apis, the bull of Ptah. As time passed (according to interpretation) all of the subordinated gods of Egypt were considered to be aspects of the sun god, including e. From roughly 2000 BC, the symbol also appears in the Levant and Mesopotamia and Asia Minor. It appears in reliefs with Assyrian rulers and in Hieroglyphic Anatolian as a symbol for royalty, transcribed into Latin as SOL SUUS literally, “his own self, the Sun”, i. The 8th century BC, the winged solar disk appears on Hebrew seals connected to the royal house of the Kingdom of Judah. Many of these are seals and jar handles from Hezekiah’s reign, together with the inscription l’melekh (“belonging to the king”). Typically, Hezekiah’s royal seals feature two downward-pointing wings and six rays emanating from the central sun disk, and some are flanked on either side with the Egyptian ankh (“key of life”) symbol. Prior to this, there are examples from the seals of servants of king Ahaz and of king Uzziah. Compare also Malachi 4:2, referring to a winged “Sun of righteousness”: But unto you that fear my name shall the Sun of righteousness arise with healing in his wings… The Aswan Dam is an embankment dam situated across the Nile River in Aswan, Egypt. Since the 1950s, the name commonly refers to the High Dam , which is larger and newer than the Aswan Low Dam, which was first completed in 1902. Following Egypt’s independence from the United Kingdom, the High Dam was constructed between 1960 and 1970. It aimed to increase economic production by further regulating the annual river flooding and providing storage of water for agriculture, and later, to generate hydroelectricity. The dam has had a significant impact on the economy and culture of Egypt. Before the dams were built, the Nile River flooded each year during late summer, as water flowed down the valley from its East African drainage basin. These floods brought high water and natural nutrients and minerals that annually enriched the fertile soil along the floodplain and delta; this made the Nile valley ideal for farming since ancient times. Because floods vary, in high-water years, the whole crop might be wiped out, while in low-water years widespread drought and famine occasionally occurred. As Egypt’s population grew and conditions changed, both a desire and ability developed to control the floods, and thus both protect and support farmland and the economically important cotton crop. With the reservoir storage provided by these dams, the floods could be lessened, and the water could be stored for later release. The item “1960, Egypt (United Arab Republic). Heavy Gold 5 Pounds Coin. (42.6gm) NGC MS62″ is in sale since Wednesday, October 3, 2018. This item is in the category “Coins & Paper Money\Coins\ World\Africa\Egypt”. The seller is “coinworldtv” and is located in Europe. This item can be shipped worldwide.
- Certification: NGC
- Certification Number: 3935960-11
- Grade: MS62
- Composition: Gold
- Year: 1960
- Circulated/Uncirculated: Uncirculated
