

This is an uncirculated example of the Iraqi 1 Dinar Pick-63b from 1973, featuring pristine condition with sharp, clear printing throughout. The obverse displays the al-Dura oil refinery complex as its central focus—a significant symbol of Iraq's petroleum industry during this period—rendered in pale green and blue-gray tones with intricate ornamental detailing. The reverse presents the Madkhal al-madrasa al-Mustansiriya (entrance gateway to al-Mustansiriya School) in lavender and green, showcasing the nation's architectural and cultural heritage.
Common. The eBay price history provided demonstrates consistent market values ranging from under $1 to approximately $46 for high-grade certified examples, with UNC specimens typically selling between $2.75 and $16.50. The abundance of sales data spanning 2013-2020 with numerous examples crossing the auction block indicates substantial circulation among collectors. This is a regular issue with no documented recall or production limitation, and catalog values (VF: $3, UNC: $12 as of 2019) reflect common-range pricing.
Issued in 1973 by the Central Bank of Iraq, this note reflects the nation's economic priorities during the Ba'athist era, with the al-Dura refinery prominently featured to emphasize Iraq's vital oil sector—a cornerstone of national wealth and modernization. The reverse's depiction of al-Mustansiriya School, founded in 12th-century Baghdad, connects contemporary Iraqi currency to the country's rich Islamic scholarly traditions and architectural legacy. This design choice underscores both economic development and cultural identity during a transformative period in modern Iraqi history.
The obverse features the al-Dura oil refinery at center—one of Iraq's major petroleum processing facilities—depicted with multiple tall smokestacks and cylindrical storage structures characteristic of industrial refineries. The design incorporates ornamental fish motifs in the corners and borders, alongside intricate scrollwork patterns throughout, creating a sophisticated security aesthetic. An oval seal appears on the right side with circular emblems in the corners. The reverse displays the Madkhal al-madrasa al-Mustansiriya, the ornate Islamic architectural gateway featuring an arched entrance with detailed geometric lattice patterns and geometric decoration typical of medieval Baghdad architecture. Serpent or serpentine decorative motifs frame the architectural centerpiece, with large oval emblems positioned in the corners.
Front side: 'البنك المركزي العراقي' (Central Bank of Iraq), 'دينار واحد' (One Dinar), 'وزارة المالية جمهورية العراق' (Ministry of Finance Republic of Iraq), and serial number '٦٨٢٢٢'. Reverse side: English text reading 'Central Bank of Iraq' at top and 'One Dinar' at bottom, with numeral denomination '1'.
Intaglio engraving (recess printing) combined with multicolor offset lithography, evidenced by the fine line work, intricate ornamental patterns, and sharp detail visible throughout both sides. The note exhibits the characteristic precision of multi-plate color printing with careful registration of the pale green, beige, purple, blue-gray, and orange accents. The level of security engraving detail in the borders and ornamental elements is consistent with Central Bank of Iraq currency standards of this era.
This note is cataloged as Pick-63b, distinguished by watermark type (falcon's head without Arabic caption below factory). The PMG population report indicates Pick-63a and Pick-63b are the two known varieties for this base Pick number. The observed specimen's watermark (falcon's head) and absence of Arabic text below the factory design confirms the 63b classification. Serial number observed: 682222.