Catalog
1 Pound
| Issuer | Libyan Currency Commission |
|---|---|
| Year | 1951 |
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| Reference(s) | P#9 |
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| Reverse description | The reverse is printed in a solid steel-blue intaglio scheme. The title UNITED KINGDOM OF LIBYA is set in a rectangular panel at top centre, flanked by the numeral 1 at each corner within ornamental cartouches. Two large lobed guilloche rosettes occupy the left and right fields, with a central guilloche underprint supporting the bold letterpress denomination ONE LIBYAN POUND. A text panel at lower centre carries the statutory issue authority. |
| Reverse lettering | UNITED KINGDOM OF LIBYA THESE CURRENCY NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT ONE LIBYAN POUND ISSUED BY THE LIBYAN CURRENCY COMMISSION IN ACCORDANCE WITH LAW No. 4 OF 24TH OCTOBER, 1951, IN THE REIGN OF KING IDRIS I. |
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| Comments |
Libya's independence on 24 December 1951 made it the first country to achieve independence through a United Nations resolution. The Libyan Currency Commission was established specifically to manage the transition away from the British Military Administration currency that had been circulating since the Allied defeat of Axis forces in North Africa — this note was part of that initial sovereign issue, printed before the country had a central bank of its own.
Bradbury Wilkinson's New Malden works handled the job. The Currency Commission itself was wound up once the National Bank of Libya was established in 1955, making this series short-lived by design.