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1 Dinar
| Issuer | National Bank of Iraq |
|---|---|
| Year | 1950 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Central vignette of an equestrian statue of King Faisal I, rendered in fine intaglio engraving, flanked by two recumbent lion figures at lower left and right corners. To the left, a large numeral '1' interlaced with foliate scrollwork appears within a decorative panel, while an octagonal guilloche frame occupies the right field. The legend 'National Bank of Iraq' arches across the upper border in serif lettering, with 'One Dinar' in a beaded cartouche along the lower margin. |
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| Protection type | Watermark |
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| Comments |
Iraq's first independent central bank issue, launched under the National Bank of Iraq which had been established in 1947 to replace the Iraq Currency Board — a British colonial arrangement that had pegged the Iraqi dinar directly to sterling since 1931. The 1950 series marked the first time Iraq exercised direct domestic authority over its note issuance, though the irony is that the notes were still shipped from Bradbury Wilkinson's New Malden facility in Surrey.
Bradbury Wilkinson printed for dozens of newly independent or restructuring states in this period, and the technical quality is consistent with their work — intaglio printing, reliable registration. The watermark is the primary security feature, modest by later standards.