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1/2 Pound (2nd issue)
| Issuer | Bank of Libya |
|---|---|
| Year | 1963 |
| Type | Log in to see details |
| Value | 1/2 Pound |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | بنك ليبيا نصف جنيه ليبي |
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| Reverse lettering | BANK OF LIBYA THESE CURRENCY NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT HALF LIBYAN POUND ISSUED IN THE NAME OF KING IDRIS I BY THE BANK OF LIBYA IN ACCORDANCE WITH LAW NO 4 OF THE 5TH FEBRUARY 1963 |
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| Comments |
Libya's transition from the pound to the dinar didn't happen until 1971, so this 1963 Bradbury Wilkinson note circulated through the early years of the Kingdom under Idris I — a period of rapid oil revenue growth following the Esso concessions of the late 1950s. The Bank of Libya itself had only been established in 1956, replacing the National Bank; this second issue reflects the young institution consolidating its currency framework.
Bradbury Wilkinson's New Malden facility was the dominant supplier to Commonwealth-adjacent governments through this period, and Libya's continued use of the firm into the 1960s was partly a legacy of British administrative involvement during the UN trusteeship years.