£50 Cyprus Archbishop Makarios Gold Proof Coin (Pre-Owned)

In stock (1)£1,367.60 (VAT Exempt)

£50 Cyprus Archbishop Makarios gold proof coin, 1977. Produced by the Cyprus Mint.

These coins are supplied in pre-owned, fair condition.

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Price inclusive of fully insured UK delivery.

1 in stock

SKU: AU-MISC-FRACTIONAL-COINS Categories: , ,

Description

Purchase pre-owned, fair condition £50 Cypriot Archbishop Makarios Gold Proof coin

  • Pre-owned, fair condition coin
  • Produced by the Cyprus Mint
  • This coin weighs 15.98 grams
  • Made out of 22k gold, the fine weight is 14.64 grams
  • Price inclusive of insured delivery to a UK address
  • This coin is exempt from VAT

The coin has a face value of £50 (CYP). This currency is now defunct as Cyprus moved over to the Euro in 2008. There was an irrevocable exchange rate set, which means that the face value is technically equivalent to €29.26.

 

Coin Design

The obverse of this coin bears an effigy of Archbishop Makarios. He was a well-loved Archbishop and eventually President of Cyprus.

The coin reads: ‘•ΑΡΧΙΕΠ•ΜΑΚΑΡΙΟΣ ΠΡΟΕΔΡΟΣ ΔΗΜΟΚΡΑΤΙΑΣ ΚΥΠΡΟΥ’ around the edge. With the years 1960 1977 to the right of his effigy.

Despite serving as Archbishop of Cyprus from 1950, Makarios only became President in 1960. The coin reads 1960-1977, marking the span between the beginning of his presidency to his death in 1977.

The reverse reads Republic of Cyprus at the top and 1977 at the bottom. In the centre is an outline of Cyprus, surrounded by the face value, dolphins and a ship with sails.

 

 

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Additional information

Weight 15.98 g
Metal

Gold

Purity

916.7 Fineness

Country

Cyprus

Fine weight

14.64g

Weight

15.98 Grams

Quality

Best Value, Boxed, Pre-owned, Proof

Type

Coin