

This is an exceptional uncirculated example of the 1943 Libya 5 Lire military payment note, one of the most historically significant emergency currencies of World War II. The note displays crisp, sharp printing with vibrant green and pink/beige tones, featuring an ornate heraldic lion emblem centered on the obverse and an elegant symmetrical design on the reverse. In UNC condition, this specimen represents a desirable collectible that bridges numismatic, military, and Mediterranean history.
Common. The eBay market data shows consistent sales across multiple condition grades ranging from $5 to $71 (for graded specimens), with the majority of ungraded examples selling in the $10–$30 range. The 2008 catalogue value for UNC is listed at $40, and recent sales of raw UNC-grade examples confirm this remains accessible to collectors. As a military payment note from a significant but acknowledged historical series, this Pick number has reasonable circulation among collectors without extreme scarcity.
Issued during the British military administration of Libya in 1943, this note reflects the post-invasion period following the North African Campaign. The central heraldic lion—a symbol of British authority and North African significance—anchors the design, while the trilingual inscription (English, Italian, and Arabic) reflects Libya's complex linguistic and administrative situation under Allied military control. This currency served as a practical necessity when conventional Libyan currency was unavailable or unreliable during wartime occupation.
The obverse features a formal heraldic composition with a lion rampant positioned above a crowned shield or royal insignia, symbolizing British military authority. This central emblem is framed by decorative rosettes and shield patterns, with the denomination '5 LIRE' displayed prominently in circular medallions on both left and right sides. The reverse employs a strictly symmetrical design centered on a large diamond-shaped cartouche containing the numeral 5, surrounded by elaborate scrollwork, floral motifs, and geometric patterns executed in classical banking-note style. The overall aesthetic reflects formal British military currency design conventions of the 1940s.
OBVERSE: 'ISSUED BY THE MILITARY AUTHORITY IN TRIPOLITANIA' (English); '5 LIRE' and 'FIVE LIRE' (Italian/English denomination); Arabic inscriptions reading 'خمسة' (Five) and 'ليرات' (Lire/Pounds). REVERSE: '5' and 'LIRE' (Italian denomination marking).
Intaglio engraving (line engraving/recess printing), evidenced by the fine-line guilloche patterns, intricate geometric backgrounds, complex crosshatch work, and sharp detail definition observed throughout both sides. This high-security printing method was standard for military payment certificates and emergency war currency issued by British authorities.
PMG catalogue records one variant for this base Pick number: P-M3a (5 Lire). No specific signature varieties, date variants, or serial number prefix distinctions are apparent from the visual analysis. The note is identified as Pick P-M3 per standard military currency cataloguing for the Military Authority of Tripolitania.