Britain printing Libyan banknotes?

Discussion in 'Paper Money' started by SkyPilot, Aug 31, 2011.

  1. SkyPilot

    SkyPilot New Member

    According to this story Britain printed 286 million Libyan dinar be flown to Libya. Thoughts on this? Very interesting that Britain has the plates to print Libyan money I wonder when / who gave them the plates.

    "The cash, which was printed in Britain, is the first part of 1.86 billion Libyan dinar which will be released to Libya."

    http://www.rawstory.com/rs/2011/08/31/british-plane-flying-212-million-to-libya/
     
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  3. vnickels

    vnickels Matt Draiss Numismatics & Galleries

    They should charge for it and make a profit if it is not a part of GB.
     
  4. scottishmoney

    scottishmoney Buh bye

     
  5. Dave M

    Dave M Francophiliac

    I'm assuming De La Rue was the normally contracted banknote printer for Libya, not that they somehow just got a hold of the plates and started cranking notes out. Maybe a collector of Libya can confirm.

    Dave
     
  6. Awolter

    Awolter Monkey Wrench

    Interesting. Wonder what they got out of it.
     
  7. clayirving

    clayirving Supporter**

    I wonder when they're going to redesign the 1 dinar note. They're fairly sophisticated notes with the segmented security foil, fluorescent fibers, and fluorescent ink.

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  8. scottishmoney

    scottishmoney Buh bye

    I think they will likely keep Omar Mukthar on the 10 Dinars note, he is a fairly well known freedom fighter from Libya from when they were under Italian domination. He was the subject of a 1981 movie "The Lion of the Desert".
     
  9. rickmp

    rickmp Frequently flatulent.

    Whatever their contract called for!
     
  10. clayirving

    clayirving Supporter**

    [h=1]Libya withdraws banknote bearing Gaddafi's effigy[/h][13.09.2011 00:37]



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    Libyan banks have decided to withdraw a banknote bearing the effigy of fallen Libyan leader Muammar Gaddafi, the official Tunisian news agency TAP reported on Monday.
    "The banks have agreed to collect the notes and to hand them over to the Central Bank," said Talal al Dhaguissi, an official in charge of a branch of Libya's National Commercial Bank in capital Tripoli, according to TAP.
    The banknote which represents the equivalent of 40 U.S. dollars, is Libya's largest currency. It was introduced on the eve of the celebration in 2008 of the 1969 coup which brought Gaddafi to power, Xinhua reported.
    The move was welcomed by Libyans. "We can't chase Gaddafi from power and keep his image on our currency," TAP quoted a Tripoli notary as saying.
    In 1971, Gaddafi decided to adopt the dinar instead of the Libyan pound inherited from the Idriss monarchy.
     
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