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5 Dollars

Issuer National Bank of Liberia
Year 1989
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Value 5 Dollars (5 LRD)
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Obverse description Central vignette carries an intaglio portrait of Joseph Jenkins Roberts, first President of Liberia, set within an ornate engraved frame with his name inscribed below; to the right, a green vignette shows a worker tapping a rubber tree in a plantation scene. The left field bears two manuscript signatures above the date APRIL 12 1989, a green guilloche underprint panel, and the legal tender clause, while the dark header panel carries the issuer title NATIONAL BANK OF LIBERIA flanked by the numeral 5 in each corner.
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Reverse description The central vignette presents a detailed architectural rendering of the National Bank of Liberia headquarters building in Monrovia, a multi-storey modernist structure with the abbreviation NBL visible on its tower. To the left, the circular seal of the National Bank of Liberia inscribed ESTABLISHED 1974 is set within fine guilloche work, while the denomination numeral 5 appears in each corner against an intricate green lathe-work underprint.
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Comments

The National Bank of Liberia's late-1980s notes were issued against a backdrop of severe economic deterioration — the Doe government's mismanagement had already triggered a near-total collapse of public finances before the civil war formally began in December 1989. This particular series, printed by De La Rue in London, was being produced and circulated precisely as the country was sliding toward the violence that would make normal banking operations impossible within months.

By 1990, the central bank itself had effectively ceased functioning. Notes from this issue that survived the subsequent decade of conflict are often found in poor condition, having passed through years of informal circulation when no replacement supply was available.

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