Catalog
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| Issuer | Banque du Liban |
|---|---|
| Year | 1986 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Lebanese pound (1939-date) |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Arabic, Latin |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
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| Mintage | 1986 - - 1986 - Mint Sets (booklet; 2010) - 1,000 |
| 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.