Catalog
10 Piastres
| Issuer | Libyan Currency Commission |
|---|---|
| Year | 1951 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Printed entirely in dark green on a cream ground, the reverse centres on an elaborate guilloche medallion of interlocking lathe-work rosettes with 'TEN PIASTRES' set in large serif capitals at its heart. The legend 'UNITED KINGDOM OF LIBYA' arches above the medallion, the numeral '10' occupies each corner, and the legal tender and issuing authority inscriptions are rendered in spaced letterpress above and below the central device. |
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| Protection type | Watermark |
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| Comments |
The Libyan Currency Commission was a transitional authority established under United Nations auspices to manage the monetary affairs of the newly independent Kingdom of Libya — a country that came into formal existence on 24 December 1951. This note was part of the inaugural currency issue, meaning it was prepared and printed before the state it represented had legally come into being.
Thomas De La Rue produced the full series on tight deadlines to coincide with independence. The low-denomination piastres saw heavy use in a largely subsistence economy and survive today in collectible condition far less often than the higher values.