10 Pounds

Rafidain Bank was established by the Iraqi government in 1941 as a state-owned commercial bank, and its early note issues were contracted to Bradbury, Wilkinson & Company at their New Malden facility — a common arrangement for newly nationalized banking institutions lacking domestic printing infrastructure. BW&C had long experience producing high-security currency for colonial and post-colonial governments across the Middle East and Africa.

The 10 Pounds denomination sat at the high end of everyday transactional use in Iraq, and notes of this value typically accumulated more handling wear than lower denominations held speculatively by collectors.