Catalog
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| Issuer | Bank of Libya |
|---|---|
| Year | 1963 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | Green intaglio design printed entirely in dark green, with a central panel bearing the large bold legend FIVE LIBYAN POUNDS on a fine guilloche ground, flanked by two elaborate Moorish arch vignettes — a plain horseshoe arch to the left and a richly foliate rosette medallion to the right. The denomination £L5 appears in all four corners, and the issuing authority and legal tender inscriptions are set in panels above and below the central value text. |
| Reverse lettering | BANK OF LIBYA THESE CURRENCY NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT FIVE LIBYAN POUNDS ISSUED IN THE NAME OF KING IDRIS I BY THE BANK OF LIBYA IN ACCORDANCE WITH LAW No 4 OF THE 5TH FEBRUARY 1963. |
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| Comments |
Libya's 1963 second issue came four years after the Central Bank of Libya replaced the Libyan Currency Commission, which had administered notes jointly backed by the United Kingdom and United States following independence in 1951. This series was the first to circulate under purely domestic banking authority, though Bradbury Wilkinson — the New Malden firm responsible for a significant portion of British colonial and post-colonial currency work throughout the mid-twentieth century — retained the printing contract.
Pick 31 is notably scarcer in circulated grades than the first issue, likely a function of shorter circulation life before the 1969 coup that brought Gaddafi to power and triggered a currency transition.