Biafra was officially known as the Republic of Biafra. This small country has an interesting story. It declared independence from Nigeria in 1967, but only existed for 3 years. The reason for Biafra’s attempt at independence was political and economic unrest between ethnic groups in Nigeria. The Hausa resented the Igbo minority for their success, and this resentment led to a massacre of the Igbo. Estimates say around 10,000-30,000 Igbo people were killed during this massacre, while around a million sought refuge in the Eastern region of Nigeria. Non-Igbo people were then removed from this Eastern region, and the head of the Eastern region, Biafra, declared independence from Nigeria. However, the leader of Nigeria refused to acknowledge Biafra as a separate state, and war broke out. Within the first year, Biafra became landlocked and lost all access to their seaports. This led to disease and starvation of around 500,000 to 3,000,000 people. Due to this, Biafra ceased to exist in January 1970.

Our banknote this week is Biafra’s 1 Pound p5a BNB105a 1968-1969. This is a paper banknote with English text. On the front is an image of a palm tree with a rising sun behind it. The back displays an image of Biafra coat of arms. There is no watermark for this banknote.

At the top of Biafra coat of arms is an eagle with its wings spread wide which is meant to symbolize the pride of Biafra as an independent nation. The eagle stands on a cow horn. The horn is meant to represent their cultural heritage. The horn sits atop a shield with images of a rising sun, and three rings that represent the fore-fathers on it. Holding up the shield are two leopards representing the armed forces of this country. Lastly, the shield and leopards stand on a green, fertile field which symbolizes the potential of the country.

This 1 Pound banknote shows a palm tree with a small rising sun, and coat of arms. This banknote is our current featured note and will be offered at a discounted price for a limited time. The current price for this note is $4.00, but it is subject to change. To see more about this note or other notes like it, head to our website.

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To go to the listing for this banknote, click here.

Country: Biafra

Denomination: 1 Pound

Pick #: 5a

Banknote Book #: 105a

Grade: UNC

Year: 1968-69

Other Info: No longer a country

Coloration: Green, Brown

Depictions: Palm Tree; Coat of Arms

Note Size: 5 1/2″ x 2 3/4 “

Watermark: None Discernible