Egypt on July 26, 1956

On July 26, 1956, Egypt nationalized the Suez Canal. It had been owned by France and Britain until then.

That same year, Egypt issued a new 25 Qirsh coin to mark the occasion. It’s a large coin, 35 mm, and made of 72% silver. There were 258,000 minted.

The obverse shows the front facade of the Suez Canal Company building in Port Said.

The reverse shows the denomination in the center (٢٥) “25” and the word Qirsh (قرشا) below it. The dates of 1956-1375 (١٣٧٥-١٩٥٦) are below that. The winged sun design is featured at the bottom.

Borel Lavalley Suez Canal Token

This rare token was issued by Borel, Lavalley, and Company, an engineering firm and contractor to the Suez Canal Company. Frenchman Ferdinand de Lesseps and his Suez Canal Company built the canal between 1859 and 1869.

Paul Borel and Alexandre Lavalley formed their company in December 1863. Graduates of a polytechnic school, both worked in the railway industry before joining the canal project. An estimated 74 million cubic meters of material was excavated for the main canal, and Borel and Lavalley handled more than 75 percent of it. (Karabell, 2004, p. 208-210.)

The company issued trade tokens, presumably for workers to buy provisions at the company store. Tokens are good for 20 cents, 50 cents, 1 Franc, or 5 Francs. The 5 Franc pieces are the most rare.

Shown here is a 50 cent piece. The obverse depicts a ship in the center, surrounded by beads and an inscription:
TRAVAUX DU CANAL DE SUEZ
EGYPTE

Translation:
WORKS ON THE SUEZ CANAL
EGYPT

The reverse shows the denomination, a circle of beads, and an inscription:
BOREL LAVALLEY ET COMPIE
BON POUR
50
CENTIMES
1865

Translation:
BOREL LAVALLEY AND COMPANY
GOOD FOR
50
CENTS
1865

Reference: Karabell, Z. (2003). Parting the Desert: The Creation of the Suez Canal. Knopf.

Egypt Bond, or Receipt, for Palestine War

I believe this is an Egyptian bond from the 1940s, or donation receipt, for people to support the war in Palestine. I bought this one off eBay. The note’s denomination is 10 pounds.

I’m interested in learning if these notes were bonds that got paid back or if they were donation receipts. I’ve read descriptions online stating both.

The bonds come in denominations of 50 Pounds, 10 Pounds, 5 Pounds, 100 Piasters, and 50 Piasters.

Suez Canal Cooperative Society Tokens from 1892

This is a 1 Franc token from the Suez Canal Cooperative Society in Egypt. It was issued in 1892 and is made of aluminum.

The canal was completed decades before 1892. These pieces must have been used by co-op workers at the operating canal.

There are two other token sets that circulated during the 10-year construction of the canal (1859 to 1869). Those tokens are dated 1865. One set is from “Ch. & A. Bazin” and the other from “Borel Lavalley and Co.”