Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
New LRB, a sharp campgate
>
Reply to Thread
Message:
<p>[QUOTE="ancient coin hunter, post: 2975591, member: 87200"]Thanks for the info. I have been wondering about the value and purchasing power of these coins for seemingly decades.</p><p><br /></p><p>Basically, it appears that bread was subsidized by the government.</p><p><br /></p><p>On my trip to Egypt a few years back I noticed something similar. One could buy 5 loaves of pita bread from the bakeries (not touristy joints) for 25 piastres or 1/4 Egyptian pound. The exchange rate at the time was 5.8 Egyptian pounds to the dollar, so the cost of five loaves was about 5 cents U.S.</p><p><br /></p><p>Obviously a good deal. And after four months of traveling around the country and avoiding the tourist trade - and visiting a great many seldom-visited locales, I ended up with more money in my pocket then when I left! It's almost a paradise to the archaeologically and numismatically inclined.[/QUOTE]</p><p><br /></p>
[QUOTE="ancient coin hunter, post: 2975591, member: 87200"]Thanks for the info. I have been wondering about the value and purchasing power of these coins for seemingly decades. Basically, it appears that bread was subsidized by the government. On my trip to Egypt a few years back I noticed something similar. One could buy 5 loaves of pita bread from the bakeries (not touristy joints) for 25 piastres or 1/4 Egyptian pound. The exchange rate at the time was 5.8 Egyptian pounds to the dollar, so the cost of five loaves was about 5 cents U.S. Obviously a good deal. And after four months of traveling around the country and avoiding the tourist trade - and visiting a great many seldom-visited locales, I ended up with more money in my pocket then when I left! It's almost a paradise to the archaeologically and numismatically inclined.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Ancient Coins
>
New LRB, a sharp campgate
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...