50 Pounds
50 Pounds Gold Coin - 'The History of Cyprus' series
Cyprus · 1977
The coin features a map of Cyprus, with the word 'Nicosia' indicating the capital. Above the map, it reads 'REPUBLIC OF CYPRUS', and the year '1977' is below. The denomination '£50' is prominently displayed on the right side of the map. This side is likely the reverse, depicting elements related to Cypriot history or geography. The obverse typically features the national emblem or a similar design.
- Country
- Cyprus
- Year
- 1977
- Denomination
- 50 Pounds
- Metal
- Gold (typically 0.9167 fine gold)
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Overview
The coin features a map of Cyprus, with the word 'Nicosia' indicating the capital. Above the map, it reads 'REPUBLIC OF CYPRUS', and the year '1977' is below. The denomination '£50' is prominently displayed on the right side of the map. This side is likely the reverse, depicting elements related to Cypriot history or geography. The obverse typically features the national emblem or a similar design.
Historical significance
This coin is part of a series often issued to commemorate specific historical events, figures, or themes pertinent to Cyprus. Gold commemorative coins are usually issued in limited quantities, making them sought after by collectors. The year 1977 falls within a period of recovery and rebuilding for Cyprus after the events of 1974, and such issues often reflect national pride and identity.
Estimated value
The value of this coin is primarily driven by its gold content and its numismatic rarity. As of late 2023/early 2024, given its likely weight (often 7.9881 grams for a 50 pounds gold coin from this era), its melt value would be significant. Its numismatic value would depend on its condition (grade), mintage figures, and collector demand. It could range from several hundred to over a thousand US dollars.
Care & preservation
Handle the coin by its edges to avoid transferring oils from your skin, which can tarnish the gold over time. Store it in its protective encapsulated holder or an inert, archival-safe coin flip or slab to prevent physical damage and exposure to environmental contaminants. Keep it in a stable, moderate temperature and humidity environment, away from direct sunlight.
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