Publish Date: 08 Nov 2022 Finance Today
A number of social media activists circulated in recent days a photo of a 100 EGP coin. What is the story behind the 100 EGP coin, why was it minted, why now, and how much is it worth? Keep reading to find out.
The commemorative coin bears the logo of the Climate Summit and the name of the conference in Arabic and English.
Learn more about COP27 here: COP27 in Sharm El Sheikh: Why Should It Matter to You?
Let us tell you that the Public Treasury and Mint Authority is currently participating in an exhibition at the pavilion of the Ministry of Finance, in the Green Zone of the Climate Change Conference «COP 27», which Egypt is hosting from November 6th to November 18th, 2022.
The Mint Authority introduced this commemorative coin to promote our Egyptian heritage. They are also offering several types of medals, other commemorative coins, and copper plates.
Dr. Mohamed Maait, Minister of Finance, said that the 100 EGP commemorative coin was introduced on the occasion of the launch of the COP 27 climate change conference, which confirms the importance of this historic event, through which Egypt seeks to transform the pledges of developed countries into serious initiatives that can be implemented in reality.
This will contribute in increasing the ability of African and developing countries to expand their percentage of green projects and to achieve sustainable development.
The price of the Climate Change Conference commemorative coin
As indicated by press reports, the 100 EGP commemorative coin is worth 750 Egyptian pounds, and is sold at the ministry's pavilion in the Green Zone in Sharm el-Sheikh during the COP27 climate change conference.
Speaking of Egyptian currencies check out our article the Egyptian pound
Major General Hossam Khader, head of the Public Treasury and Mint Authority, said that there is a remarkable interest from the conference attendees to acquire commemorative coins, including the new commemorative coin for the COP 27 climate change conference.
The commemorative coin bears the logo of the COP27 climate change conference on the back as well as the name of the conference in both Arabic and English.
The Mint Authority’s commemorative coin display allows the guests from all over the world to view many creative works, most notably:
Tutankhamun's collection of medals issued on the occasion of the 100th anniversary of the discovery of his tomb. It contains 6 medals featuring Tutankhamun's most famous possessions.
The treasures of Ancient Egypt collection.
11 medals for the Alawite dynasty (or Khedival dynsatsy) founded by Muhammad Ali Pasha.
The Historical Cairo Collection, which was issued on the occasion of the 1050th anniversary of the establishment of Historic Cairo, and includes 6 medals with the most famous historical monuments in Cairo.
Commemorative medals for the late President Gamal Abdel Nasser and the late President Mohamed Anwar Sadat.