Extreme Banknotes
Malta 2 Liri 1986 P-37 XF
Malta 2 Liri 1986 P-37 XF
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This authentic Malta 2 Liri banknote (Pick P-37) is a beautiful example of pre-euro Maltese currency and a fascinating collectible from one of the Mediterranean's most historic island nations. Issued by the Central Bank of Malta in 1986, the note celebrates Malta's maritime heritage, economic development, and one of the country's most influential political figures, Agatha Barbara.
Featuring vibrant red, orange, and pastel tones, this banknote combines elegant portraiture with detailed depictions of seafaring traditions and modern infrastructure, making it an attractive addition to any world banknote collection.
History & Significance
Before adopting the euro in 2008, Malta used the Maltese Lira (Liri), one of Europe's strongest currencies. This 2 Liri note comes from a period when Malta was rapidly modernizing its economy while maintaining strong connections to its rich maritime heritage.
The banknote honors Agatha Barbara, one of Malta's most important political leaders and the first female President of Malta. Her portrait symbolizes progress, education, and public service in modern Maltese history.
The reverse highlights the Valletta Container Terminal, reflecting Malta's strategic importance as a Mediterranean trading hub. Together, the designs capture the transition of Malta from an ancient maritime crossroads to a modern European nation.
Features
- Issuing Authority: Central Bank of Malta (Bank Ċentrali ta' Malta)
- Type: Standard Circulation Banknote
- Year: 1986
- Currency: Maltese Pound (1972–2007)
- Material: Paper
- Size: 138 × 69 mm
Design Details
Obverse
- Portrait of Agatha Barbara at right
- Traditional Phoenician sailing ship
- Map of the Maltese Islands
- Intricate geometric security patterns
- Bright red and orange color scheme
Reverse
- Detailed depiction of the Valletta Container Terminal
- Modern harbor and maritime infrastructure scene
- National emblem of Malta
- Industrial and shipping motifs symbolizing economic development
- Multicolored engraved design with exceptional detail
Condition
XF (Extremely Fine)
This banknote remains in attractive collector condition with strong color, clear printing, and crisp detail throughout. Light evidence of circulation may be present, including minor handling, folds, or bends consistent with an Extremely Fine grade. The note retains excellent eye appeal and remains a desirable collectible example of Malta's pre-euro currency.
Perfect For
- World banknote collectors
- Malta and Mediterranean history enthusiasts
- European currency collections
- Maritime and shipping-themed collections
- Gifts for travelers, historians, and numismatists
- Pre-euro currency collectors
A colorful and historically significant banknote that beautifully combines Malta's ancient maritime roots, modern economic growth, and political history in a single collectible piece.
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CONDITION GUIDE
Gem Uncirculated
A note that is flawless, with the same freshness, crispness and bright color as when first printed. It
must be perfectly centered, with full margins, and free of any marks, blemishes or traces of handling.
About Uncirculated
A bright, crisp note that appears new but upon close examination shows a trace of very light use, such as a corner fold or faint crease. 'About Uncirculated' is a borderline condition, applied to a note which may not be quite uncirculated, but yet is obviously better than an average Extra Fine note. Such notes command a price only slightly below a new note and are highly desirable.
Extra Fine
A note that shows some faint evidence of circulation, although it will still be bright and retain nearly full crispness. It may have two or three minor folds or creases but no tears or stains and no discolorations.
Very Fine
A note that has been in circulation, but not actively or for long. It still retains some crispness and is still choice enough in its condition to be altogether desirable. It may show folds or creases, or some light smudges from the hands of a past generation. Sometimes, Very Fine notes are the best available in certain rare issues, and they should accordingly be cherished just as much as uncirculated notes.
Fine
A fine note shows evidence of much more circulation, has lost its crispness and very fine detail, and creases are more pronounced, although the note is still not seriously soiled or stained.
SHIPPING
Tracking information will be provided!
Your banknote will be packaged between two sturdy pieces of cardboard to safeguard its condition during transit, guaranteeing it arrives to you exactly as described. Should you have any inquiries, please don't hesitate to reach out - we're here to assist you!