1 Dirham

Libya's 1975 dirham series arrived four years into Muammar Gaddafi's reorganization of the country's monetary identity following the 1969 coup, part of a broader decimalization effort that replaced the piastre-based pound system with the dinar divided into 1,000 dirhams. The brass-clad steel construction reflects both cost considerations and the practical demands of a circulation coinage intended for genuine everyday use in a rapidly modernizing economy flush with oil revenue.

KM#12 is not scarce by any measure, but circulated survivors in honest condition are more instructive than the mintage figures suggest.