Libya 5 Piastres 1371 (1951) P-5 VF

Add a classic piece of North African monetary history to your collection with this Libya 5 Piastres banknote from 1371 AH (1951), catalogued as P-5 and offered in Very Fine (VF) condition. This historic note was issued under the early reign of King Idris I shortly after the establishment of Libya’s national currency system and predates the widespread use of the Libyan pound through the 1950s and 1960s.

Printed on quality banknote paper and designed with striking dual-language inscriptions, this note reflects both Arabic and English legal-tender statements from Libya’s transitional monetary era. It’s a fantastic collectible for enthusiasts of world paper money, Middle Eastern currency, and post-colonial numismatics.

📌 Historical & Collector Value

• Early Libyan Currency: This note belongs to the first series of banknotes issued under the Libyan currency commission after Libya adopted the Libyan pound (based on piastres) following the end of Italian colonial rule and the declaration of independence.
• King Idris I Era: Issued during the reign of King Idris I (1951–1969), this banknote is a tangible piece of Libya’s early national identity and monetary independence.
• Dual Language: The use of both Arabic and English inscriptions tells a story of transitional governance and international administration practices in post-World War II Libya.
• Demonetized but Historic: Although no longer legal tender, this note remains a valued collectible among Middle Eastern and African paper money enthusiasts for its historical context and distinctive design.