25 DINAR / 1990-AUTHENTIC (WATERMARKED) IRAQ BANKNOTE P74 / HORSES

Description: 25 Dinar Note - 1990 / P-74 Central Bank of Iraq Pre-Gulf War - Green Horses - BanknoteAuthentic / UV Light Tested - WatermarkedRaised/Embossed Serial NumbersU.S. Army Veteran Owned and Operated American BusinessPlease Visit our eBay Store for other great items and super deals!This sale is for one P-74 Iraqi Banknote:This 1990, Pre Gulf War, 25 Dinar Note from the Central Bank of Iraq is Circulated in excellent condition. It is Green in color and depicts three Arabian Horses on the obverse. The reverse depicts the Abbasid Palace. These notes are not the emergency notes printed in Iraq. They are 100% authentic and have been UV light tested with the Watermark of the head of the Arabian Horse on the reverse right. These bills also have the raised/embossed serial numbers on the front lower left and front upper right which can also be felt in the reverse. Iraqi Currency printed before the Gulf War was often called the Swiss dinar. It got its name from the Swiss printing technology that produced banknotes of a considerably higher quality than those later produced under the economic sanctions that were imposed after the first Gulf War. After a change-over period, this currency was dis-endorsed by the Iraqi government. However, this old currency still circulated in the Kurdish regions of Iraq until it was replaced with the new dinar after the second Gulf War. During this time the Swiss dinar retained its value, whilst the new currency consistently lost value at sometimes 30 percent per annum. Banknotes that were issued between 1990 and October 2003, along with a 25-dinar note issued in 1986, bear an idealized engraving of former Iraqi President Saddam Hussein. Following the 1991 Gulf War, Iraq's currency was printed both locally and in China, using poor grade wood pulp paper (rather than cotton or linen) and inferior quality lithography (some notes were reputedly printed on presses designed for printing newspapers). The primitive printing techniques resulted in a limitless variety in coloration and detail, one layer of the printing would be too faint while another would be too dark. Counterfeit banknotes often times appeared to be of better quality than that of the actual real notes. Some notes were very poorly cut, and some notes were even missing serial numbers. Despite the collapse in the value of the Iraqi dinar, the highest denomination printed until 2002 was 250 dinars. In 2002, the Central Bank of Iraq issued a 10,000-dinars banknote to be used for "larger, and inter-bank transactions". This note was rarely accepted in practice due to fears of looting and counterfeiting. This forced people to carry around stacks of 250-dinars notes for everyday use. The other, smaller bills were so worthless that they largely fell into disuse. This situation meant that Iraq, for the most part, had only one denomination of banknote in wide circulation. - 1990 SERIES / IQD - 25 IRAQI DINARS NOTE- CIRCULATED / EXCELLENT CONDITION- BANKNOTE / 3 ARABIAN HORSES - ABBASIS PALACEOur items are well packaged and Shipped with USPS First Class shipping with tracking. This badge/patch insignia will make a great addition to your military collection, or for display in a military shadow box honoring your service.Local Orders: [ONLY] within 50 miles of Paintsville, Kentucky may opt out of Shipping charges; contact seller to arrange local pick-up or delivery from the Paintsville to Ashland, Kentucky area.International Orders: Import duties, taxes, and charges are not included in the item price or shipping cost. These charges are the buyer's responsibility. Please check with your country's customs office to determine what these additional costs will be prior to bidding or buying. We will not under value merchandise or mark the item on the customs form as a gift. This is in violation of U.S. and International laws.The cost of shipping International orders by the U.S. Postal Service is based on the value & weight of the item(s) when packed. The Winning Bidder agrees to pay for this item within 4 days of the Sale.Seller will combine shipping on multiple orders. All photos seen in the sellers ads are the actual photos of the item which the buyer will receive. I also have a 30 day return policy for all orders. Complete customer satisfaction is the goal, giving you what you need at an affordable price and providing to best quality of service possible.

Price: 4.95 USD

Location: Paintsville, Kentucky

End Time: 2024-12-11T16:35:11.000Z

Shipping Cost: 0 USD