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Description
The 1 Rial banknote issued in 1976 is an official paper currency of the Yemen Arab Republic, a territory that existed as an independent state in the northern part of Yemen before the country's reunification in 1990. This banknote belongs to a pivotal period in Yemeni monetary history, during which the Yemen Arab Republic had its own monetary issuing authority, distinct from the People's Democratic Republic of Yemen, which was established in the south at the time.
The rial was the official monetary unit of the Yemen Arab Republic, subdivided into fils. The 1 rial denomination represented a base face value within the monetary system in use at that time. Banknotes from this 1976 series generally reflect the typical graphic characteristics of Arab countries' monetary issues of that decade, incorporating Arabic calligraphic motifs, references to national monuments or landscapes, as well as security features specific to the printing techniques used at the time.
This type of banknote is today considered a fully-fledged numismatic collectible, bearing witness to the political and economic history of the region. Banknotes from the Yemen Arab Republic of the 1970s are sought after by collectors specialising in the numismatics of the Middle East and the Arabian Peninsula. Their condition plays a determining role in their value on the collectors' market, with specimens showing little circulation being naturally rarer and better preserved in their printing details.
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