Central Bank of the Republic of Iraq, 1991 (AH1411) 50 Dinar banknote
Legacy Currency Grading 64 PPQ Excellent Condition Uncirculated Banknotes
This banknote is a 50 dinar note issued in 1991 (1411 in the Islamic calendar) by the Central Bank of Iraq and is a historical banknote known as an emergency issue during the Gulf War. This banknote has been rated "Very Choice New 64 PPQ (Premium Paper Quality)" by Legacy Currency Grading, and is in excellent condition with paper quality that is close to mint.
The 1991 Gulf War had a significant impact on Iraq's economy and monetary system. During this period, rapid inflation and currency shortages occurred, necessitating the government to issue new banknotes urgently. Therefore, this series is known as the "Gulf War Emergency Issue."
This banknote features a design that strongly reflects the political and historical context of Iraq, depicting many national symbols and cultural motifs of the time. In particular, the front side features a portrait of Saddam Hussein, the leader of Iraq, making it an important design element that symbolizes the political system of the time.
The reverse side features a depiction of the minaret of the Great Mosque of Samarra, a historical building in Iraq, symbolizing the history of Islamic culture and ancient Mesopotamian civilization.
basic information
Issuing country: Republic of Iraq
Issuing authority: Central Bank of Iraq
Publication year: 1991 / AH1411
Face value: 50 dinars
Series: Gulf War Emergency Issue
Banknote number: P#75
Material: paper
Size: Approximately 174 x 80 mm
Printing technology: Lithography
Watermark: None
Appraisal Information
Appraisal institution: Legacy Currency Grading
Grade: 64 PPQ (Very Choice New)
Certificate number: 80963547
PPQ (Premium Paper Quality) indicates that the paper quality of the banknote remains in its original state and has not been cleaned or restored.
Banknote surface design
The front of the banknote features a portrait of Saddam Hussein, the then-president of Iraq. He was in power as the leader of Iraq from 1979 to 2003, and his portrait was widely used on banknotes during that period.
The portrait is positioned on the right side of the banknote, with a background featuring geometric patterns and decorations reminiscent of Islamic architecture. A decorative medallion sits in the center, inscribed with Arabic script.
On the left side, a palm tree is depicted. Palm trees are a symbolic plant of Iraq and have been important since the time of the ancient Mesopotamian civilization. In particular, the cultivation of date palms was one of the important agricultural activities in the Tigris and Euphrates river basins.
The banknotes contain the following Arabic text:
البنك المركزي العراقي
Central Bank of Iraq
خمسون ديناراً
50 dinars
Furthermore, the banknotes bear both the Islamic calendar and the Gregorian calendar.
1411 AH
1991 AD
This double-character design is a feature found on banknotes from many Middle Eastern countries.
Design on the back of banknotes
The reverse side depicts the minaret of the Great Mosque of Samarra, one of Iraq's most iconic historical buildings and a masterpiece of Islamic architecture.
This mosque was built in the 9th century by the Abbasid Caliphs. It is particularly famous for its spiral minaret, a highly unique architectural style found nowhere else in the world.
This minaret is known as the "Malwiya Tower" and is an iconic symbol of ancient Islamic architecture.
The banknote design features a radial pattern behind the tower, emphasizing the architectural significance of the structure.
The surrounding area is adorned with palm trees and decorative patterns, symbolizing Iraq's nature and culture.
In the center, in English
Central Bank of Iraq
Fifty Diners
It is written as follows.
Gulf War Emergency Issue Banknotes
The 1991 Gulf War had a significant impact on Iraq's monetary system. Economic sanctions and inflation resulting from the war led to instability in the money supply.
Therefore, the government urgently issued a new series of banknotes. These were called the "Emergency Issue" and were printed in large quantities in a short period of time.
These banknotes use a different printing method than the regular series and have features such as the absence of watermarks.
Furthermore, the banknotes from this period were later invalidated due to currency reform. Therefore, they are now traded as historical currency in the collector market.
Legacy Currency Grading
Legacy Currency Grading is a specialized organization that authenticates banknotes, evaluating their condition and authenticity.
This banknote
Very Choice New 64 PPQ
It has received this kind of evaluation.
This rating indicates that the banknote is in exceptionally good condition even among unused banknotes, meaning that the paper quality of the banknote remains original.
Collector's value
This banknote is popular among banknote collectors for the following reasons:
Historical banknotes from the Gulf War era
Saddam Hussein portrait banknotes
Samarra Mosque Design
Legacy certified banknotes
High-grade PPQ
The combination of these elements makes this banknote a particularly interesting item in a collection of Middle Eastern banknotes.
Banknotes from the Gulf War era, in particular, have a strong historical context and attract attention from collectors interested in political and economic history.
The Great Mosque of Samarra
The Great Mosque of Samarra is a historical mosque located in Samarra, Iraq, and was built in the 9th century.
This building is known as one of the largest mosques in the Islamic world.
The spiral minarets, in particular, are world-famous and represent a very unique design in the history of Islamic architecture.
This mosque is now a UNESCO World Heritage Site and is an important part of Iraq's cultural heritage.
The fact that this building is depicted on the banknotes symbolizes Iraq's historical and cultural pride.
summary
The Iraqi 50 dinar banknote issued in 1991 is a symbolic banknote representing the history of the Gulf War era.
Combining a portrait of Saddam Hussein, the Great Mosque of Samarra, and Arabic decorative designs, this banknote has become an important collector's item reflecting Iraqi politics, culture, and history.
This banknote, which has received a 64 PPQ rating from Legacy Currency Grading, is in excellent condition and is an attractive addition to any banknote collection.
Combining historical significance and cultural value, this banknote has become an intriguing collector's item for banknote collectors worldwide.
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¥6,980Price
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