Biafra - 5 Pounds - P-6a - A.U. Condition - Foreign Paper Money
Inv# FM2296 Foreign Paper Money5 Pounds, P-6a. A.U. Condition. The pound (symbol £) was the currency of the breakaway Republic of Biafra between 1968 and 1970. The first notes, in denominations of 5/– and £1, were introduced on January 29, 1968. A series of coins was issued in 1969; 3d, 6d, 1/–, and 2s 6d coins were minted, all struck in aluminium. In February 1969, a second family of notes was issued in denominations of 5/– and 10/–, £1, £5 and £10. Despite not being recognised currency by the rest of the world when issued, the banknotes were afterwards sold as curios (typically at an eighth of their face value, or 2/6 sterling for Biafran £1) in British notaphily shops. The notes are now traded among banknote collectors at well above their original nominal value. The most commonly found notes are the 1968 and 1969 £1 notes, with the £10 note and all coins being rare. Read more at https://en.wikipedia.org/wiki/Biafran_pound
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