King Farouk’s collections
King Farouk I (11 February 1920 – 18 March 1965) was the penultimate King of Egypt and Sudan until 1952 when he was forced to abdicate in favour of his son Ahmed Fuad. He was a notable collector of many areas including coins, art and cars. Numismatic collection
King Farouk was an avid collector of numismatic materials and his collection included an estimated 8,500 gold coins and medals.
Farouk purchased most of his coins during the 1940s, often from American dealers. Many of whom complained of the usually long time it took to receive payment from the king.
Farouk’s collection contained two of the most famous coins in the world, a 1933 Double Eagle and a 1913 Liberty Head Nickel.
The 1913 Liberty Nickel was a supposed error in which five coins were minted in 1913 with design which was supposed to have been entirely replaced that year. (It is thought that the coins, which initially were all owned by a Mint employee, may have been a private minting to create the rarity.)
King Farouk purchased one of the five from numismatist Fred Olsen and the coin, still in excellent condition, went on to have a celebrity career - even appearing in Hawaii 5-O - and sold earlier this year for $3.7m.