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5 dinars 1970

Africa › Algeria
P-1261970Banque Centrale d'AlgerieUNC
5 dinars 1970 from Algeria, P-126 (1970) — image 1
5 dinars 1970 from Algeria, P-126 (1970) — image 2

Market Prices

35 sales
Catalogue (2019)
VF$6
UNC$20
VF$11.52024-06-29(16 bids)
UNC$652024-04-18(1 bid)
PMG 65$532022-08-06(18 bids)
VF$12.52021-12-01(14 bids)
UNC$22.52020-11-25(1 bid)
VF$12.892020-10-16(29 bids)
VF$21.142020-10-16(14 bids)
VF$13.212020-10-16(18 bids)
VF$12.52020-10-06(21 bids)
PMG 68$190.52020-07-27(27 bids)
PMG 67$702020-04-20(20 bids)
PMG 67$712020-02-24(22 bids)
PMG 67$81.62019-08-18(23 bids)
PMG 66$912019-08-04(26 bids)
AUNC$272019-03-01(41 bids)
AUNC$272019-02-09(32 bids)
UNC$27.882018-10-17(25 bids)
PMG 67$682018-07-20(15 bids)
AUNC$22.52017-10-07(20 bids)
F$7.072017-08-25(12 bids)
AUNC$22.52017-05-04(17 bids)
AUNC$222017-03-01(27 bids)
PMG 66$42.12016-12-18(24 bids)
AUNC$162016-08-27(13 bids)
UNC$592016-03-05(5 bids)
EF$18.52016-01-15(16 bids)
UNC$14.52015-11-09(19 bids)
UNC$412015-10-25(14 bids)
AUNC$262015-10-09(17 bids)
UNC$31.032015-05-07(19 bids)
UNC$282015-04-13(20 bids)
UNC$252015-03-16(12 bids)
UNC$14.62012-05-19(3 bids)
VF$2.992011-08-26
UNC$8.292009-04-13

About This Note

This is an exceptional example of Algeria's 1970 5 dinar note (Pick P-126), graded UNC, displaying pristine condition with vibrant multicolored printing in blues, pinks, browns, and gold tones. The obverse features a striking portrait of a warrior in traditional dress holding a rifle, while the reverse depicts a Ruppel's sand fox against a backdrop of a white-walled North African settlement, both rendered with fine detail characteristic of mid-20th century currency design. As one of Algeria's early post-independence currency issues, this note represents an important period in the nation's numismatic history.

Rarity

Common. The eBay auction history demonstrates consistent supply with UNC examples selling regularly between $8-$65 USD, with most transactions in the $20-$30 range for UNC notes. The 2019 catalog value of $20 for UNC confirms this is a widely available note. The print run for this denomination in 1970 appears to have been substantial, and many examples have survived in uncirculated condition, indicating no scarcity factors such as recalls, emergency issues, or limited circulation.

Historical Context

Issued on November 1, 1970, by the Banque Centrale d'Algerie, this note commemorates Algeria's post-colonial identity through its iconographic choices: the warrior holding a rifle symbolizes the recently-concluded War of Independence (1954-1962), while the inclusion of both a traditional fighter and the sand fox reflects the nation's connection to its Saharan heritage and landscape. The note's dual-language presentation (Arabic and French) reflects Algeria's complex linguistic and cultural transition during the early years of independence under President Houari Boumediène.

Design

The obverse features a left-facing warrior portrait in traditional dark clothing, positioned on the right side of the note, holding a rifle—this represents the mujahideen fighters of the Algerian War of Independence. To the left is a winged emblem (the national coat of arms or heraldic device) integrated into the central design. The background depicts architectural structures and desert or mountainous terrain, establishing the geographic and cultural setting. The reverse showcases a Ruppel's sand fox (Vulpes rueppelli), a species native to the Sahara, positioned in the left foreground, with a distinctive white-walled hilltop settlement—likely representing a traditional Algerian Berber or Saharan village—visible in the background. Both sides employ ornamental geometric and Islamic-style design patterns in decorative borders, with fine line engraving executed throughout. The watermark features Amir Abd el-Kader, the 19th-century resistance leader, honoring Algeria's anti-colonial heritage.

Inscriptions

FRONT SIDE: 'البنك الركزي الجزائري' (Banque Centrale d'Algérie / Central Bank of Algeria); 'خمسة دنانير' (Khamsah Dananir / Five dinars); Date: '1-11-1970' (November 1, 1970); Serial number: 'A 009' prefix with '20017201'. BACK SIDE: 'BANQUE CENTRALE D'ALGERIE' (Central Bank of Algeria - French); 'CINQ DINARS' (Five dinars - French); Legal text: 'L'AVRIL 1970 DU CODE PENAL UNIT LE CONTREFACTEUR' (referring to April 1970 Penal Code provisions against counterfeiting); Denomination numeral: '5'.

Printing Technique

Intaglio (copperplate) engraving, evidenced by the fine detailed line work, precise portrait rendering, and ornamental pattern execution visible throughout the note. The crisp impression, sharp security borders, and multi-color registration suggest professional currency printing by a specialized security printer, consistent with Algerian central bank standards of the period. No specific printer attribution is provided in the catalog data, but the quality is consistent with European currency printers contracted by newly-independent African nations during this era.

Varieties

The observed note is consistent with Pick P-126a. The catalog indicates one variant exists for this base Pick number. The visual analysis shows serial number prefix 'A 009' with sequential number '20017201', and signature varieties are documented for this issue. The specific date of 1-11-1970 (November 1, 1970) matches the official issue date. No overprints or date variations are apparent on this example.