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Cyprus Banknote 1 Pound 1998 DIM 50 AED

AED 50

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Item Details

Age

10+ years

Condition

Almost no noticeable problems or flaws

Usage

Used an average amount, as frequently as would be expected

Posted on: 2nd April 2026


Description

🏦 General Information
Country: Cyprus 🇨🇾
Issuing Authority: Central Bank of Cyprus
Denomination: 1 Pound (₤1)
Year: 1998
Catalog Reference: Pick #60b.2
Serial Number: AC271150
Condition (Grade): Choice Very Fine 35 (VF35)
Grading Company: DIM Currency
🎨 Front (Obverse) Design
4
Main Elements:
👩 Portrait:
A woman wearing traditional Cypriot costume, symbolizing cultural heritage and rural life.
🏛️ Languages:
Greek: Κεντρική Τράπεζα της Κύπρου
Turkish: Kıbrıs Merkez Bankası
Reflects Cyprus’ bilingual identity.
💱 Denomination Text:
Greek: ΜΙΑ ΛΙΡΑ
Turkish: BİR LİRA
🛡️ Cyprus Coat of Arms:
Appears near the center, symbolizing the Republic.
🗺️ Map of Cyprus:
Subtle detailed map included in the design.
✍️ Signature & Date:
Printed date: 1.12.1998
Governor’s signature present
🔐 Security Features
Vertical security thread
Fine guilloche patterns (intricate line designs)
Watermark area (blank oval/rectangle on right side)
Micro-printing and detailed engraving
Serial number printed twice (horizontal & vertical)
🎨 Back (Reverse) Design

(Not shown in your image, but for completeness)

4
Main Elements:
🏺 Cultural/Archaeological theme:
Typically features ancient Cypriot artifacts or pottery
Decorative geometric and historical motifs
Emphasis on Cyprus’ long history and civilization
💰 Value & Collectibility
Condition: VF35 = moderate circulation but still attractive
Approximate collector value:
💵 ~$5 – $15 USD (can vary depending on demand & market)
💡 Notes:
Cyprus Pound is obsolete (replaced by Euro in 2008)
Makes it more collectible over time
Graded note adds extra appeal
⭐ Interesting Facts
Cyprus used the Cypriot Pound until adopting the Euro
This note highlights both Greek and Turkish languages, reflecting the island’s complex identity
Traditional costume portraits are common in older European banknotes to preserve cultural heritage

Location

Zone 7, Hydra Village, Abu Dhabi, UAE


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