Cyprus 1928 45 Piastres - 50 Years of British Rule.

Cyprus 1928 45 Piastres.

This is the only commemorative coin that was issued by the Colony of Cyprus.Unlike most Cypriot commemorative coins (which are mostly medal-coins),this was actually put into circulation.

This coin commemorates 50 years of British rule.

From 1879,the Cypriot Pound was divided along this line;

9 Piastres = 1 Shilling.

20 Shillings = 1 Cypriot Pound.

The Cypriot Pound was pegged to the Pound Sterling at a ratio of 1:1.

In this case,45 Piastres = 5 Shillings or 1 Crown.

Please let me know what you think.

Aidan.