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Collection: Libyan banknotes. From the time of the Kingdom of Libya to the era of Muammar Gaddafi.
Explore Libyan Notaphily: A Tribute to Independence and Revolution
Delve into the captivating world of Libyan banknotes , where each note reflects Libya's tenacious struggle for independence, rich cultural heritage, and turbulent history, from the Ottoman era to the modern age. At Iberoamericana Banknotes , we present our meticulously curated collection of Libyan banknotes , designed for both seasoned collectors and new buyers passionate about the monetary legacy of this vibrant North African nation. Historical Libyan banknotes transcend their face value: they bear witness to the transition from the colonial peso to the Libyan pound in 1951, and then to the Libyan dinar in 1971, named after the Ottoman dinar, symbolizing sovereignty following independence from Italy in 1951 and the 1969 Revolution.
The Monetary Evolution of Libya: From the Ottoman Peso to the Dinar
Before 1951, Libya used the Ottoman qirsh and, later, the Italian lira during the colonial period (1911–1943), followed by a division into British and French protectorates that issued provisional banknotes. Independence in 1951 marked the introduction of the Libyan pound (L£), issued by the government under the reign of Idris I, with banknotes in denominations of ¼, ½, 1, 5, and 10 pounds featuring royal portraits and Islamic motifs. In 1971, following the revolution led by Muammar Gaddafi, the pound was replaced by the Libyan dinar (LYD) at a 1:1 parity, with the Central Bank of Libya , founded in 1956, assuming sole control. The first 1-dinar banknotes, issued in 1971, incorporated designs featuring anti-colonial heroes and symbols of the People's Socialist Jamahiriya.
Rare Banknotes: Jewels of Libyan Notaphily
Our collection features rare Libyan banknotes , such as the Libyan pound issues from 1951–1970 in denominations of ½, 1, and 5 pounds, produced by the National Bank of Libya with engravings of Queen Fatma and views of Tripoli. The dinar series from 1971–2009, issued during the Gaddafi regime, includes the iconic 10-dinar note with the portrait of Omar al-Mukhtar, the "Lion of the Desert," hero of the resistance against colonial Italy (1911–1931), which remained in circulation for almost five decades with variations in arabesques and colors. The reverse of these issues depicts either the 1977 Proclamation of the Jamahiriya or Fort Elena de Sabha.
For enthusiasts of African banknotes , we include unique pieces such as the 2008 50-dinar note featuring Gaddafi in photochromic glasses, a controversial design that symbolized his era, and post-2011 issues from the National Transitional Council, such as the 20-dinar note from 2013, redesigned without references to Gaddafi, featuring the Roman Aqueduct of Leptis Magna and advanced security features. Current denominations (1, 5, 10, 20, and 50 dinars) incorporate metallic threads, optically variable inks, and microtext, with Braille available since 2013. The rarity of banknotes like the 1971 10-dinar note or the 1980 series, with limited print runs during the Revolution, makes them coveted treasures at international auctions, valued for their connection to the anti-colonial resistance and the Great Jamahiriya.
Preservation and Authenticity: Our Promise
Preservation is paramount in our selection of Libyan banknotes . Each piece is graded on standard scales such as VF (Very Fine) or UNC (Uncirculated), preserving details like watermarks with the Libyan eagle, fluorescent fibers, and original signatures of the Central Bank. We recommend that collectors of rare banknotes verify their integrity under UV light, where elements such as serial numbers and arabesques glow in shades of orange or green, according to official samples. At Iberoamericana Banknotes , all our pieces come from verified sources, avoiding common forgeries such as crude printing or missing threads, which are frequent in replicas from the Gaddafi era.
Why Collect Libyan Banknotes
From the 1959 5-pound note featuring King Idris I and the Royal Palace in Tripoli, to the 2013 50-dinar note depicting the Sabratha archaeological site and symbols of national unity, this collection offers a window into Libyan history: its resistance against colonialism, its 1969 Revolution, and its post-2011 transition. Each banknote encapsulates milestones such as the founding of the Central Bank in 1956 or monetary unification following the Civil War. For new collectors , it's an entry into collecting with cultural value; for seasoned collectors , it's a chance to acquire complete series with rarities that will enhance any collection.
Trust Iberoamericana Banknotes
At Iberoamericana Banknotes , we guarantee the authenticity of every banknote with detailed certificates and expertise in Ibero-American and African numismatics, ensuring pieces in optimal condition for your collection. We also offer secure and discreet international shipping to any destination. Trust our expertise to elevate your passion for Libyan banknote collecting to new heights.