2023 Iraq 50,000 Dinars PMG 66 EPQ P-103d Gem Uncirculated Horse’s Head Watermark

2023 Iraq 50,000 Dinars PMG 66 EPQ P-103d Gem Uncirculated Horse’s Head Watermark

This is a striking 2023 (AH1445) Iraq 50,000 Dinars banknote, certified PMG 66 EPQ Gem Uncirculated, a superb example of one of the largest denominations in modern Iraqi currency.

The note is catalogued as Pick #103d and includes enhanced modern security features, including a watermark of a horse’s head alongside the denomination “50,000”, as well as a transparent window depicting the famed Ziggurat of Ur. The obverse design features a traditional water wheel (saqiya), palm groves, and a waterfall, reflecting the importance of agriculture and natural resources to the Iraqi economy. The reverse depicts a reed house in the marshes of Southern Iraq, a classic element of Mesopotamian culture, alongside wildlife and rural life imagery.

Issued by the Central Bank of Iraq, this 50,000 Dinars note remains a historically significant and visually appealing piece, reflecting both Iraq’s ancient Mesopotamian heritage and its modern economic challenges. Notes of such high grade with Exceptional Paper Quality (EPQ) designation are highly sought after by collectors.

Collector’s Value:
For collectors of Middle Eastern and modern world currency, this Gem Uncirculated PMG 66 EPQ example offers a premium combination of condition, design, and cultural significance. With its large denomination, attractive imagery, and superb grade, it makes a perfect addition to any advanced banknote collection.