Biafran pound

Infobox Currency
image_1 =Biafran Pound front & back.jpg|140pximage_title_1 = £1 banknote 1968
using_countries = Biafra
subunit_ratio_1 = 1/20
subunit_name_1 = shilling
subunit_ratio_2 = 1/240
subunit_name_2 = penny
symbol = £
symbol_subunit_1 = s
symbol_subunit_2 = d
plural =
plural_subunit_2 = pence
used_coins = 3d, 6d, 1/-, 2/6
used_banknotes = 5/-, 10/-, £1, £5, £10
issuing_authority = Bank of Biafra

The Biafran pound was the currency of the breakaway Republic of Biafra between 1967 and 1970.

The 1967 series of banknotes had no value outside of Biafra. The first issue were denominated at 5 shillings and £1 notes. A series of coins was issued in 1969, 3 pence, 6 pence, 1 shilling and 2.5 shilling coins were minted, all made of aluminium; there were also from 1968 a second issue of banknotes in 5 shilling, 10 shilling, £1, £5 and £10 notes. Despite not being recognised as currency by the rest of the world when they were issued the banknotes were afterwards sold as curios (typically at 2/6 (=.0125 GBP) for 1 pound notes in London philately/notaphily shops) and are now traded among banknote collectors at well above their original nominal value.

The most common note is the 1968 1Pound, with the 10 Pound and all coins being rare.

ee also

* Nigerian pound
* Nigerian naira

External links

* [http://aes.iupui.edu/rwise/countries/biafra.html Banknotes]
* [http://worldcoingallery.com/countries/Nigeria.html Coins with Nigerian naira]
* [http://www.biafraland.com/Biafra_Currency.htm Information from Biafraland.]