FRONT: On the front you will see a gold dinar coin which was used in this region until it was superseded by modern coins and notes..
BACK: On the back you see Al-Mustansirya University in Baghdad. This was the most prominent university in the Islamic world during the Middle Ages.
You are buying 10 x 1000 Dinar Banknote. These are uncirculated notes in a serially numbered bundle and makes a great collectible item for someone who enjoys world currency notes. 100% SATISFACTION GUARANTEED!
On October 15. 2003, the new Iraqi Dinar Banknote series in the denominations of 50, 250, 1000, 5000, 10000 & 25000 were launched by Central Bank of Iraq. 500 Dinar denomination banknote was added in 2004. The new banknotes, printed in Britain, boast of the most up-to-date anti-counterfeit features, including watermarks, a security thread, raised letters, an optical variable ink and other variations to thwart counterfeiters. The new currency is one currency for the entire country of Iraq.
THOMAS DE LA RUE COMPANY has officially printed all New Iraqi Dinar banknotes. ALL OUR NEW IRAQI DINAR BANKNOTES HAVE BEEN CHECKED AND CERTIFIED TO BE AUTHENTIC & GENUINE ON THOMAS DE LA RUE MACHINE AND LEGALLY IMPORTED THROUGH U.S. CUSTOMS.
ACCORDING TO IMF COUNTRY INFORMATION ON IRAQ:
"Iraq is estimated to have the world’s second-largest oil reserves, with reserves recently revised upward from 115 to 143 billion barrels, based on new geological surveys. By the 1970s, Iraq’s oil resources had enabled the country to reach middle-income status, with a modern infrastructure, and good education and healthcare systems. Since then, however, Iraq has suffered through three devastating wars, a long period of economic and financial mismanagement, and international sanctions imposed during the 1990s.... Nevertheless, Iraq’s longer-term outlook is strong as domestic and foreign investment in the hydrocarbon sector starts to bear fruit, and oil production and exports are projected to increase considerably in the years ahead."