Catalog
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| Issuer | Banque du Liban |
|---|---|
| Year | 1996 |
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| Composition | Log in to see details |
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| Technique | Milled |
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|---|---|
| Obverse script | Arabic |
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| Reverse description | The large numeral '50' dominates the central raised circular field, with the legend 'LIVRES' inscribed in small Latin letters immediately below the numeral. The date '1996' appears along the upper edge of the octagonal border, while the issuer's name 'BANQUE DU LIBAN' (Bank of Lebanon) is inscribed in bold Latin capitals curving along the lower portion of the border. |
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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.