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1/4 Dinar
| Issuer | National Bank of Iraq |
|---|---|
| Year | 1953 |
| Type | Standard circulation banknote |
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| Obverse description | Portrait of young King Faisal II in intaglio at right, set within an ornate geometric border with arabesque underprint. The centre carries Arabic text including the denomination and date inscriptions, with the bank title in Arabic script along the upper margin. Serial number appears twice, at upper right and lower left. |
|---|---|
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| Reverse description | Central vignette of a grove of tall date palms enclosed within a circular guilloche frame at centre, flanked by two large circular guilloche medallions bearing the fractional denomination. The issuer name 'National Bank of Iraq' is inscribed across the top, with 'Quarter' and 'Dinar' lettering flanking the lower portion of the design within decorative borders. |
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| Comments |
Iraq's 1953 series was the first issued under the National Bank of Iraq, which had been established just two years earlier following the Currency Board's dissolution — a structural shift driven by nationalist pressure to bring monetary control under domestic institutional authority rather than leaving it tied to a British-administered body. Bradbury Wilkinson produced the series in London, a firm that handled a substantial portion of Britain's colonial and post-colonial currency printing work through the mid-twentieth century.
The quarter dinar denomination was the smallest in the 1953 issue, useful for everyday transactions in a market economy still heavily reliant on small-value exchange. Watermark security was the primary anti-counterfeiting measure — relatively modest for the period, though consistent with what Bradbury Wilkinson typically incorporated at this price point for smaller denominations.