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10 piastres 1961

Africa › Egypt
P-181c1961United Arab RepublicUNC
10 piastres 1961 from Egypt, P-181c (1961) — image 1
10 piastres 1961 from Egypt, P-181c (1961) — image 2

Market Prices

Catalogue (2019)
VF$50
UNC$175

About This Note

This is a 1961 United Arab Republic 10 Piastres note (Pick P-181c) in UNC condition, featuring an ornate front design with five figures in traditional dress and a sailing vessel in the background, complemented by intricate geometric and floral border patterns. The back displays elaborate decorative frames with a complex rosette pattern in black and red/pink denomination numerals. While showing some age-related discoloration on the front (particularly red/orange staining), this note represents an important piece of Egyptian currency history from the UAR period and remains desirable to collectors of Middle Eastern numismatics.

Rarity

Common. This is a regular-issue note from a 10-year circulation period (1961-1970) with no documented short print run or recall status. The eBay market data shows multiple UNC examples trading at $0.99-$14.99, with 2019 catalog value of $175 for UNC being significantly above current market realization, indicating supply exceeds collector demand. The broad price range reflects typical market variance rather than rarity, and the abundance of listings confirms this was a standard circulation note.

Historical Context

This note was issued during the United Arab Republic period (1961-1970), representing the union of Egypt and Syria and marking a significant nationalist era in Egyptian history. The design's emphasis on traditional dress figures and maritime imagery reflects the nation-building themes of the UAR government, while the sailing vessel and architectural elements suggest Egypt's historical importance as a Mediterranean trading power. The note was printed by the Survey Department under Law 1940, continuing the numismatic traditions established in the Kingdom of Egypt period.

Design

The front features five figures depicted in traditional Egyptian/Arab dress standing prominently in the center-right of the composition, representing historical or national figures of significance to the UAR. Behind them is a detailed engraving of a sailing vessel with full mast and rigging, symbolizing Egypt's maritime heritage, along with a flagpole displaying the UAR flag with two stars (characteristic of this P-181c variety as noted in catalog distinctions from similar issues). The design is framed by elaborate ornamental borders incorporating Greek key patterns, geometric designs, and floral motifs in black with red/orange accents. A large central rosette or star-shaped cartouche with Arabic script forms the dominant symbolic element. The reverse presents a more symmetrical, formal design with two large ornamental frames—the left containing an intricate black geometric and floral rosette pattern, while the right is left blank—creating a balanced, institutional aesthetic typical of central bank currency notes of this era.

Inscriptions

FRONT: الجمهورية العربية المتحدة (United Arab Republic); وزير الخزانة (Minister of Treasury); Serial number marking T/16 0310. BACK: UNITED ARAB REPUBLIC; CURRENCY NOTE; ISSUED UNDER LAW 1940; 10 PIASTRES; MINISTER OF TREASURY; SURVEY DEPT. (printer identification).

Printing Technique

This note was produced using intaglio engraving, as evidenced by the fine line work, intricate mesh patterns, and complex geometric hatching visible throughout the design. The Survey Department, identified as the printer, utilized traditional security printing methods including finely detailed ornamental borders, layered decorative elements, and the precise registration of multiple color passes (black primary design with red/orange accents). The engraved rosette patterns and Greek key frame borders demonstrate the high-security printing standards employed for this denomination.

Varieties

This note is specifically identified as Pick P-181c based on the key diagnostic feature: the flag with two stars displayed without a small text line at the upper center on the front (between the issuer's name and denomination value). Catalog references distinguish this from P-177 & P-178 (similar notes with text line and flag with two stars), P-183 (similar notes without text line but different flag configuration), and P-175 & P-184 (notes with alternative flag designs). The serial number format (T/16 prefix with numerical sequence) and Minister of Treasury signature block are consistent with this variety classification.