In the recent period, many Egyptians have become obsessed with collecting and selling old coins, and they are always looking for the highest price in the market, and with the high demand for them, there have been talks about an increase in the prices of old coins, but some currency dealers denied to Al-Watan what was reported in this regard. .
Ahmed Salama, one of the old currency dealers, who started his trade two years ago, tells Al-Watan the details of his experience in that period, and talked about the real increase in the prices of old currencies, stressing that prices have decreased significantly in the recent period, due to the large number of citizens’ demand for money. He sold it, adding: “The prices were very low, contrary to what appeared on social media, and now he has money that he wants to sell, so there is no increase in the price of the currency.”
The truth about the increase in the prices of old currencies.. rumors
Salameh talked about the fact that the prices of old currencies have increased, explaining that the price of the Egyptian state shilling starts from 500 to 7,000 pounds, and its price does not reach 50 thousand pounds, according to what was rumored, and the King Farouk riyal, whose price exceeds millions of pounds , does not exist at the present time, pointing out that he printed only two copies of it: “There are many things on which the price is set. I mean, I cannot set one price on one currency, because it is possible for a single currency to have more than one price according to its condition, and whether it is written on it or not. No”.
The fact that the prices of old coins increased.. fake numbers
In the context of talking about the fact that the prices of old currencies have increased, Salama said that the price of the briza that was printed during the reign of King Farouk, its price starts from 4 to 20 thousand pounds: “We hear many fake numbers that have nothing to do with reality, there are people who love coins and keep them, but Nobody is going to pay very big numbers.”