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Last SADDAM Note * Miscut Error * Iraqi 10000 Dinara Banknote P89. Iraq Currency

$ 5.25

Availability: 99 in stock
  • Circulated/Uncirculated: Uncirculated
  • Country/Region of Manufacture: Iraq
  • Country: Iraq
  • Type: P-89
  • Year: 2002
  • Condition: aUNC, holographic stripe has a tiny damage, please see photos.
  • Grade: Ungraded

    Description

    Last SADDAM Note. Gulf War Era Iraqi 10000 Dinara Banknote P89. Iraq Currency
    It has a green and light brown color scheme. Its front side features the Monument to the Unknown Soldier in Baghdad and former President Saddam Hussein. Its back side features the Mustansiriya Madrasah building in Baghdad and an astrolabe. Security features include a holographic stripe, fluorescent strips, and a watermark of flowers.
    The Reason for Inferior Quality;
    After the Gulf War in 1991, due to UN sanctions, the previously used Swiss printing method was no longer available so new, inferior quality, notes were produced. The previously produced notes became known as the Swiss dinar and continued to circulate in the Kurdish region of Iraq. Due to sanctions placed on Iraq by the United States and the international community along with excessive government printing, the new dinar notes devalued quickly. By late 1995, US was valued at 3,000 dinars in the black market.