Item: i117852


Authentic Coin of:

Cyprus under George V – King: 6 May 1910 – 20 January 1936
50th ANNIVERSARY OF CYPRUS Commemorative Issue
1928 Silver 45 Piastres 38mm (28.25 grams) 0.925 Silver (0.8409 oz. ASW)
Reference: KM# 19
Obverse Engraver: Edgar Bertram Mackennal | Reverse Engraver: George Edward Kruger Gray
Certification: NGC 
XF DETAILS  2881093-006
GEORGIVS V DEI GRA: REX ET IND: IMP:, crowned bust of the king left.
1878 * CYPRUS * 1928 K·G ·FORTY FIVE PIASTRES·, Two lions in centre (derived from the Coat-of-Arms of the Lusignan Kingdom of Cyprus).

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George V (George Frederick Ernest Albert; 3 June 1865 – 20 January 1936) was King of the United Kingdom and the British Dominions, and Emperor of India, from 6 May 1910 until his death in 1936.

He was the second son of Albert Edward, Prince of Wales (later King Edward VII), and the grandson of the reigning British monarch, Queen Victoria. From the time of his birth, he was third in the line of succession behind his father and his elder brother, Prince Albert Victor, Duke of Clarence and Avondale. From 1877 to 1891, George served in the Royal Navy, until the unexpected death of his elder brother in early 1892 put him directly in line for the throne. On the death of his grandmother in 1901, George’s father became King-Emperor of the British Empire, and George was created Prince of Wales. He succeeded his father in 1910. He was the only Emperor of India to be present at his own Delhi Durbar.

His reign saw the rise of socialism, communism, fascism, Irish republicanism, and the Indian independence movement, all of which radically changed the political landscape. The Parliament Act 1911 established the supremacy of the elected British House of Commons over the unelected House of Lords. As a result of the First World War (1914-18) the empires of his first cousins Tsar Nicholas II of Russia and Kaiser Wilhelm II of Germany fell while the British Empire expanded to its greatest effective extent. In 1917, George became the first monarch of the House of Windsor, which he renamed from the House of Saxe-Coburg and Gotha as a result of anti-German public sentiment. In 1924 he appointed the first Labour ministry and in 1931 the Statute of Westminster recognised the dominions of the Empire as separate, independent states within the Commonwealth of Nations. He was plagued by illness throughout much of his later reign and at his death was succeeded by his eldest son, Edward VIII.

Cyprus, officially the Republic of Cyprus, is an island country in the Eastern Mediterranean and the third largest and third most populous island in the Mediterranean. Cyprus is located south of Turkey, west of Syria and Lebanon, northwest of Israel, north of Egypt, and southeast of Greece.

The earliest known human activity on the island dates to around the 10th millennium BC. Archaeological remains from this period include the well-preserved Neolithic village of Khirokitia, and Cyprus is home to some of the oldest water wells in the world. Cyprus was settled by Mycenaean Greeks in two waves in the 2nd millennium BC. As a strategic location in the Middle East, it was subsequently occupied by several major powers, including the empires of the Assyrians, Egyptians and Persians, from whom the island was seized in 333 BC by Alexander the Great. Subsequent rule by Ptolemaic Egypt, the Classical and Eastern Roman Empire, Arab caliphates for a short period, the French Lusignan dynasty and the Venetians, was followed by over three centuries of Ottoman rule between 1571 and 1878 (de jure until 1914).

Cyprus was placed under British administration based on the Cyprus Convention in 1878 and was formally annexed by Britain in 1914. While Turkish Cypriots made up 18% of the population, the partition of Cyprus and creation of a Turkish state in the north became a policy of Turkish Cypriot leaders and Turkey in the 1950s. Turkish leaders for a period advocated the annexation of Cyprus to Turkey as Cyprus was considered an “extension of Anatolia” by them; while, since the 19th century, the majority Greek Cypriot population and its Orthodox church had been pursuing union with Greece, which became a Greek national policy in the 1950s. Following nationalist violence in the 1950s, Cyprus was granted independence in 1960. In 1963, the 11-year intercommunal violence between Greek Cypriots and Turkish Cypriots started, which displaced more than 25,000 Turkish Cypriots and brought the end of Turkish Cypriot representation in the republic. On 15 July 1974, a coup d’état was staged by Greek Cypriot nationalists and elements of the Greek military junta in an attempt at enosis, the incorporation of Cyprus into Greece. This action precipitated the Turkish invasion of Cyprus on 20 July, which led to the capture of the present-day territory of Northern Cyprus in the following month, after a ceasefire collapsed, and the displacement of over 150,000 Greek Cypriots and 50,000 Turkish Cypriots. A separate Turkish Cypriot state in the north was established by unilateral declaration in 1983; the move was widely condemned by the international community, with Turkey alone recognizing the new state. These events and the resulting political situation are matters of a continuing dispute.

The Republic of Cyprus has de jure sovereignty over the entire island, including its territorial waters and exclusive economic zone, with the exception of the Sovereign Base Areas of Akrotiri and Dhekelia, which remain under British control according to the London and Zürich Agreements. However, the Republic of Cyprus is de facto partitioned into two main parts: the area under the effective control of the Republic, located in the south and west, and comprising about 59% of the island’s area; and the north, administered by the self-declared Turkish Republic of Northern Cyprus, covering about 36% of the island’s area. Another nearly 4% of the island’s area is covered by the UN buffer zone. The international community considers the northern part of the island as territory of the Republic of Cyprus occupied by Turkish forces. The occupation is viewed as illegal under international law, amounting to illegal occupation of EU territory since Cyprus became a member of the European Union.

Cyprus is a major tourist destination in the Mediterranean. With an advanced, high-income economy and a very high Human Development Index, the Republic of Cyprus has been a member of the Commonwealth since 1961 and was a founding member of the Non-Aligned Movement until it joined the European Union on 1 May 2004. On 1 January 2008, the Republic of Cyprus joined the eurozone.