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The Kingdom of Egypt issued these stamps in 1937, to commemorate the Montreux Conference, & the abolition of capitulations. They feature the commemorative coin Egypt minted to mark the occasion.

This is the full set. The 5m is mint, with staining & hinge remnant. 15m used. 20m mint with hinge remnant.

SG 288 - 290.

==

The Montreux Convention Regarding the Abolition of the Capitulations in Egypt was an international convention concluded on May 8, 1937, which led to the abolishing of the extraterritorial legal system for foreigners in Egypt, known as the capitulations. It was signed by the governments of Egypt, the USA, Belgium, the UK, Denmark, Spain (the Republican side in the civil war), France, Greece, Italy, Ethiopia, Norway, the Netherlands, Portugal & Sweden. It went into effect on October 15, 1937 and was registered in League of Nations Treaty Series on the same day.

King Farouk I of Egypt (1920 – 1965) was the tenth ruler from the Muhammad Ali Dynasty and the penultimate King of Egypt and Sudan, succeeding his father, Fuad I, in 1936.

He was overthrown in the Egyptian Revolution of 1952, and was forced to abdicate in favor of his infant son Ahmed Fuad, who succeeded him as King Fuad II. He died in exile in Italy.

He was a keen philatelist, and spent up large at international auctions, buying many rarities. After the coup, the new regime auctioned his collection.

These stamps were the first commemorative issue after Farouk's coronation. However, as you can guess with a philatelist monarch, Egypt proceeded to issue many attractive stamps during his reign.

Due to the continuing British occupation of Egypt, many Egyptians, Farouk included, were positively disposed towards Germany and Italy, and despite the presence of British troops, Egypt remained officially neutral until the final year of the war. Farouk only declared war on the Axis Powers under heavy British pressure in 1945, long after the fighting in Egypt's Western Desert had ceased.

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