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100 dinars 1970

Africa › Algeria
P-128a1970Banque Centrale d'AlgerieUNC
100 dinars 1970 from Algeria, P-128a (1970) — image 1
100 dinars 1970 from Algeria, P-128a (1970) — image 2

Market Prices

33 sales
Catalogue (2019)
VF$12.5
UNC$55
PMG 67$147.52025-08-16(35 bids)
PMG 64$392023-12-03(20 bids)
PMG 64$512023-12-03(27 bids)
VF$52021-12-01(11 bids)
UNC$24.992021-09-04(1 bid)
PMG 66$442021-07-10(19 bids)
VF$8.992020-10-24(1 bid)
VF$8.52019-02-09(13 bids)
PMG 65$442018-11-26(13 bids)
VF$5.292018-11-07(8 bids)
VF$7.572018-09-05(12 bids)
EF$15.52018-05-13(18 bids)
VF$16.52018-04-27(17 bids)
VF$12.52018-03-05(19 bids)
UNC$18.612018-01-28(22 bids)
VF$6.052018-01-12(13 bids)
EF$222017-10-07(11 bids)
AUNC$152017-06-01(14 bids)
EF$8.52017-05-04(9 bids)
AUNC$312017-03-01(23 bids)
F$7.012016-05-30(10 bids)
AUNC$18.52015-03-16(15 bids)
F$4.252014-10-21(9 bids)
EF$6.752014-06-25(7 bids)
VG$3.592014-02-03(10 bids)
VG$2.252014-01-31(4 bids)
AUNC$9.382013-12-30(12 bids)
F$7.22013-11-01(12 bids)
EF$172013-10-01(12 bids)
F$112013-05-05(6 bids)
EF$8.162013-01-05(2 bids)
AUNC$12.52012-10-02(7 bids)
F$5.52012-04-19(5 bids)

About This Note

This is an uncirculated example of Algeria's 100 Dinar note from 1970, displaying exceptional condition with crisp printing and no visible wear. The note features compelling imagery reflecting post-independence Algeria's development narrative: the obverse depicts workers, industrial infrastructure including port facilities, and traditional cultural elements, while the reverse showcases the nation's natural heritage with a desert landscape, fortress, and an antelope. This early Central Bank of Algeria issue represents an important transitional period in the nation's monetary history.

Rarity

Common. The eBay price history demonstrates consistent and frequent sales across multiple condition grades and time periods (2012-2025), with UNC examples regularly selling for $18-$25 in the 2010s and reaching approximately $25 in 2021. Recent PMG-graded examples command higher prices ($39-$147.50), but the volume of sales and steady market presence across two decades indicates robust collector availability. Print runs for regular issues from this period were substantial, and no evidence of recall or scarcity exists.

Historical Context

Issued in 1970, a decade after Algeria's independence from France (1962), this banknote reflects the country's focus on modernization and development. The prominent depiction of industrial facilities, port infrastructure, and workers on the obverse symbolizes the nation's commitment to economic development, while the reverse imagery of desert fortress and wildlife celebrates Algeria's cultural and natural heritage. The bilingual design (Arabic and French) reflects Algeria's post-colonial linguistic transition during this period.

Design

The obverse (front) presents an allegorical composition celebrating Algerian labor and development: a woman in traditional dress (likely representing Algeria or Algerian motherhood) holds a child while surrounded by industrial workers engaged in various labor activities. Central imagery shows a modern port facility or factory with smokestacks and a ship, flanked by agricultural symbols—grape vines on the left border and wheat stalks on the right—creating a visual narrative linking agriculture, industry, and family. The reverse features Algeria's geographical and cultural identity: a fortified structure (likely a casbah or historical fortress) in a desert landscape with mountains, cacti vegetation, and a kudu or similar antelope in profile, representing the nation's natural patrimony and historical continuity. The watermark features Amir Abd el-Kader, the 19th-century resistance leader and national hero.

Inscriptions

FRONT: Arabic text 'البنك المركزي الجزائري' (Banque Centrale d'Algérie / Central Bank of Algeria) and 'مائة دينار' (One hundred dinars). Serial number: 2811908899 with suffix 0899. Printer/Bank code: M113. BACK: French text 'BANQUE CENTRALE D'ALGERIE' (Central Bank of Algeria), '100 CENT DINARS' (100 dinars), and 'L'ARTICLE 197 DU CODE PENAL PUNIT LE CONTREFACTEUR' (Article 197 of the Penal Code punishes counterfeiters). Both sides display denominational markings and security-related legal warnings.

Printing Technique

Intaglio/engraved printing, evidenced by the fine line work, intricate botanical details, complex background patterning, and the characteristic depth and texture visible throughout both sides. The sophisticated geometric patterns, ornamental design elements, and detailed facial features are consistent with high-security engraved banknote production. The printer code 'M113' likely identifies the security printer, though specific attribution would require specialized banknote printing records.

Varieties

Pick 128a is identified as the primary variant with watermark of Amir Abd el-Kader. A variant Pick 128s is catalogued by PMG, suggesting possible signature varieties or minor design variations exist. The observed specimen carries serial number 2811908899, suffix 0899, and bank/printer code M113. The UNC condition grade and complete visual characteristics are consistent with P-128a specifications. Collectors should verify specific signature varieties and printer identifications when cataloguing.