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1/2 Pound (2nd issue)
| Issuer | Bank of Libya |
|---|---|
| Year | 1963 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | Architectural arch vignette at left, rendered in intaglio, flanked by ornate Islamic geometric and floral panel at right. The bank name appears in large letterpress text at top, with the denomination HALF LIBYAN POUND in bold central lettering beneath a legal tender inscription. A further inscription at bottom references issuance in the name of King Idris I under Law No. 4 of 5th February 1963. |
| Reverse lettering | BANK OF LIBYA THESE CURRENCY NOTES ARE LEGAL TENDER FOR THE PAYMENT OF ANY AMOUNT HALF LIBYAN POUND 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 transition from the pound to the dinar didn't happen until 1971, so this 1963 Bradbury Wilkinson note circulated through the early years of the Kingdom under Idris I — a period of rapid oil revenue growth following the Esso concessions of the late 1950s. The Bank of Libya itself had only been established in 1956, replacing the National Bank; this second issue reflects the young institution consolidating its currency framework.
Bradbury Wilkinson's New Malden facility was the dominant supplier to Commonwealth-adjacent governments through this period, and Libya's continued use of the firm into the 1960s was partly a legacy of British administrative involvement during the UN trusteeship years.