Catalog
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| Issuer | Banque du Liban |
|---|---|
| Year | 1996 |
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| Composition | Log in to see details |
| Weight | 2.25 g |
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| Obverse description | Central field features a stylized cedar tree of Lebanon, the national emblem, rendered in outline form within a raised circular border. To the right of the cedar, the map outline of Lebanon is depicted in relief. The Arabic legend 'مصرف لبنان' (Bank of Lebanon) curves along the upper portion of the octagonal border, with the denomination '٥٠ ليرة' (50 Pounds) inscribed in Arabic numerals below the central device, and the date '١٩٩٦' appearing at the bottom. |
|---|---|
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| Obverse lettering | مصرف لبنان ٥٠ ليرة ١٩٩٦ (Translation: Bank of Lebanon 50 Pounds 1996) |
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| Additional information |
Lebanon's 1996 coinage came during a fragile postwar reconstruction period — the Taif Agreement had formally ended the civil war in 1990, but the Lebanese pound had already shed the vast majority of its value during fifteen years of conflict. By the time this piece entered circulation, the pound had stabilized under a fixed exchange rate policy championed by Prime Minister Rafik Hariri and the newly reconstituted Banque du Liban, a deliberate monetary anchor designed to signal institutional normalcy. The stainless steel composition reflects that austerity — silver and nickel-clad options were simply not practical for a denomination worth fractions of a US cent.