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1/4 Pound (2nd issue)
| Issuer | Bank of Libya |
|---|---|
| Year | 1963 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | بنك ليبيا هذه الأوراق النقدية صالحة للسداد أي مبلغ ربع جنيه ليبي أصدرت باسم الملك إدريس الأول من طرف بنك ليبيا طبقاً للقانون رقم 4 الصادر في رمضان 1382 هـ |
| Reverse description | The reverse, printed in red, presents an architectural composition of three Moorish-style arched vignettes across the width of the note, with interlaced geometric and floral guilloche panels filling the spandrels and right-hand field. The denomination £L¼ appears in all four corners, and the full English legal tender text is set within a central panel beneath the arch motifs. |
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| Comments |
Libya's second banknote series followed quickly after independence-era reforms restructured the National Bank of Libya into the Bank of Libya in 1956, with the 1963 dated notes representing a consolidation of the young institution's currency framework. The quarter-pound denomination — unusual by most central banking conventions — was retained from the first issue, reflecting the practical demands of a population still accustomed to fractional transactions in a largely cash-based economy.
Bradbury Wilkinson's New Malden facility produced much of Anglophone Africa's and the Middle East's paper currency during this period, and the engraving quality on this series is characteristically precise. The watermark remains the primary security feature — modest by later standards, but consistent with regional practice at the time.