World EGYPT, Ottomans. Ismail. /iAs khedive, AH 1284-1296 / AD 1867-1879. AV 500 Qirsh – Beşyüz kuruşluk (37mm, 42.60 g, 12h). Misr (Cairo) mint. Dually dated AH 1277 and RY 11 of Abd al-Aziz (AD 1872). Toughra of Abd al-Aziz; floral spray to right; 500 sh/i in Arabic (value) below / zarb/fi/misr/i in Arabic in three lines; AH date below; RY above be/i of zarb/i. Damalı 32-MS-A1-11; Sultan –; Pere –; KM 265 corr. (date); Friedberg 16. In NGC encapsulation 6929996-003, graded AU 58. Rare. A mintage of 200 specimens recorded. From the Collection of an Alexandrine Numismatist, formed before 1955./iIsmail Pasha was the Khedive or viceroy of Egypt beginning in 1867. He proceeded to heavily invest in Egypt’s infrastructure, including the Suez Canal, and other internal reforms and improvements. Combined with the crippling costs of an unsuccessful war with Ethiopia, Egypt became insolvent and the financial situation became dire enough that Great Britain and France decided to depose Ismail Pasha in 1879. !--Gold--
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