Catalog
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| Issuer | Banque du Liban |
|---|---|
| Year | 1986 |
| Type | Log in to see details |
| Value | 1 Livre |
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| Composition | Log in to see details |
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| Obverse description | At center, a stylized Cedar of Lebanon — the national symbol — rendered in bold relief occupies the majority of the field. The Arabic legend مصرف لبنان (Banque du Liban) arcs across the upper portion of the coin in flowing script, flanked by two five-pointed stars at the mid-left and mid-right. The bilingual date 1986 · ١٩٨٦ appears in the lower field beneath the cedar. The French legend BANQUE DU LIBAN curves along the lower periphery, and the entire design is framed by a beaded border. |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Arabic, Latin |
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| Additional information |
The 1986 date places this coin squarely in the worst years of Lebanon's civil war, when the Lebanese pound was in freefall — the official rate had already diverged catastrophically from street exchange, and hyperinflationary pressure was accelerating. Banque du Liban's switch to nickel clad steel from the earlier nickel composition reflects a straightforward cost-cutting response to that economic deterioration. By this point the one-pound denomination had lost most practical purchasing value; the coin's main function was essentially symbolic.