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5 Liri 1998, Malta

in Krause book Number: 46c
Years of issue: 1998
Signatures: Gvernatur: Mr Emanuel Ellul (1 October 1997 - 30 September 1999)
Serie: Fifth Series
Specimen of: 01.06.1994
Material: Cotton fiber
Size (mm): 145 х 69
Printer: TDLR (Thomas de la Rue & Company), London

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** The word "Specimen" is present only on some of electronic pictures, in accordance with banknote images publication rules of appropriate banks.

5 Liri 1998




Turreted allegory of Malta - Melita.


5 Liri 1998

The figure of Malta (Melita) holding a rudder, representing the island in control of her own destiny.


The woman's figure was originally the work of the well-known Maltese painter Edward Cauana Dingli, who drew it for a set of postage stamps issued in 1922 following the historical self-government Constitution of 1921.


Other features include: three doves, a design adopted from the commemorative stamp issue of 1964, when Malta became independent, and which symbolizes the nation's commitment to international peace.

The emblem of the United Nations, as a sign of Malta taking its rightful place among the other nations of the world; and three mosaic designs found in Roman remains, which testify that Malta became a self-governing municipium during the Roman period of Malta's history.

In top left corner is the Bank's of Malta coat of arms.


Heraldry is essentially a system of recognition by hereditary devices developed among the knights of mediaeval Christendom. The majority of the symbols employed in heraldry have their own technical terms with French and Latin used principally in the description.

The establishment of the Armorial Bearings and Supporters of the Central Bank of Malta was a lengthy process involving registration in the official records of the College of Arms in the United Kingdom. By authority delegated to them by the Sovereign since the fifteenth century, three officers of the College, that is, the Kings of Arms, grant arms in a document called Letters Patent.

The Armorial Bearings of the Bank were duly established by Letters Patent. A formal application, known as a Memorial, was lodged in 1969 with the Earl Marshal, the Duke of Norfolk, at the College of Arms. This was done through the Windsor Herald of Arms, acting on behalf of the Bank. This Memorial gave details of the Bank's constitution, its history and the law under which it was set up. Evidence of this was provided by the Central Bank of Malta Act 1967 and the Bank's Bye-Laws.

Once the Memorial had been submitted and agreement reached regarding the design, the Letters Patent were prepared on a large piece of vellum, or fine parchment, on which were shown the Royal Arms, the Arms of the College of Arms, and those of the Earl Marshal. The text of the Patent was hand engrossed, and contains a formal description of the Bank's Arms illuminated by hand. The document is officially signed and sealed by the King of Arms.

A preliminary sketch for the Armorial Bearings of the Bank was made by the well-known Maltese artist, Chevalier Emvin Cremona. The College suggested certain re-arrangements of the original design, and on the basis of these exchanges a final version was prepared and sent to the United Kingdom. It contained, in Latin, the motto, "Fiducia Fortis" - "In Confidence Strength," and "1968", the date of the Bank's foundation.

In designing the Armorial Bearings, the artist sought to capture an element which was not only original but also expressive of the spirit of Malta. The Bank's arms incorporate items then found in the official arms of Malta. These include the mural crown surmounting the crest - symbolic of Malta's historic role as a fortress; the Maltese national colours, red and white, on the shield; the George Cross, awarded to Malta for bravery in April 1942 by King George VI, and reproduced on the Bank's shield by authority of the Prime Minister of Malta; the dolphin on the head of the key, a fish known in classical Mediterranean literature and often appearing as a prime heraldic figure; and the laurel and palm branches, symbols of honour and peace, respectively, supporting the mural crown. The horizontal key on the shield is appropriate to the Armorial Bearings of the Bank, the governing financial institution in Malta and a key to economic progress and security.

The two supporting Knights of Malta are a unique feature. The granting of supporters to Armorial Bearings is a privilege allowed only to major institutions. In the Bank's case they have a very special significance. The Knights represent confidence and strength, the two virtues which are incorporated in the Bank's motto. They also symbolise some of the greatest pages in the Country's long military history, when for more than two-and-a-half centuries Malta was ruled by the Order of the Knights of St John of Jerusalem. The plumed helmet of a knight which surmounts the shield also has a special connection with Malta. It is modelled on one found on a monument in the sixteenth-century Co-Cathedral of St John in Valletta, built by the Knights.

The official copy of the Bank's Armorial Bearings contains colours reflecting Malta's historic past. The Knights on either side of the shield are of a steely blue colour. The feathers composing the plume on each helm on the Knights' heads are in red and white, while the blades, quillons and the pommel of the two-handed swords, together with the cords and tassels hanging from them are in gold. This is also the colour of the mural crown above the crest.

A black and white design of the Armorial Bearings was first used in the Bank's Annual Report for 1970. A library painting of the final version of the Armorial Bearings and Supporters was displayed at the official inauguration of the Bank on 13 February 1971. An embossed fibre-glass version in colour now hangs in the Bank's Board Room.

Denominations in numerals are in top right and lower left corners. In center in words.


5 Liri 1998

On the right side are two doves, as symbol of peace. On background are the mosaic designs, found in Roman remains.


On the left side is the main Gate in Mdina, dates from 1724 and designed by de Mondion. It is a splendid, if top heavy, example of restrained Baroque by one of the Order's most prolific builders. The escutcheon bears his arms - the growling lions in the front are part of them and the inscription records the restoration of parts of the city walls.

On the inside facade are three statues of St.Publius, St.Paul and St.Agatha, the island's and city's patron saints, all of whom carry palm fronds to symbolize their martyrdom. The remaining escutcheon is that of the island's oldest nobles, the Inguanez, while the blank one was defaced by the French in 1798.

Next to the main gate located the Signal Tower Of The Old Standard (It-Torri tal-istandard), built in 1750, on its roof was burning a signal fire, which informs the locals about the dangers.

More left is an extract from Maltese Declaration of Human Rights on 15 June 1802.

Denominations in numerals are in lower left and top right corners, also lower. In words in top right corner.


On 18 September 1989 the Bank issued a new set of currency notes, the fifth series. This coincided with the twenty fifth anniversary of Malta’s Independence. These banknotes, which had the same denominations as those of the fourth series, were enhanced with security features in 1994.