1994 Malta 10 Lira Banknote – Sovereignty, Strength, and International Identity
Pick# 47c | Numista Ref. (1994 ND Issue)
The 1994 Malta 10 Lira note (P‑47c) is a prominent denomination of Malta’s final lira series before the euro transition. Issued under the 1967 Currency Act by the Central Bank of Malta, it blends allegorical imagery of national strength with architectural motifs that highlight Malta’s fortified heritage. This variant is distinguished by its signature change and the inclusion of the United Nations emblem, underscoring Malta’s role as a sovereign republic committed to peace and diplomacy. Collectors value it as a major denomination and a symbolic artifact of Malta’s numismatic history.
Historical Context
Released in 1994, the Pick #47c note reflects Malta’s economic stability and international engagement during the 1990s. As one of the higher denominations in circulation, it represented both practical value and symbolic prestige. The note circulated until demonetization in 2008, marking the end of Malta’s lira era and its transition to the euro.
Key Specifications
Feature Description
Country Malta
Issuer Central Bank of Malta (Bank Ċentrali ta’ Malta)
Year of Issue 1994 ND
Pick Number P# 47c
Material Paper
Size 150 × 70 mm
Watermark Turreted head of Malta
Security Features Segmented foil thread, ascending serial numbers
Printer Thomas De La Rue
Signature Michael P. Bonello (Governor)
Demonetized Yes – replaced by euro in 2008
Design Features
Obverse:
Allegorical figure of Malta holding a rudder, symbolizing sovereignty and self‑direction
Doves of peace as motifs of unity
United Nations emblem, highlighting Malta’s global role
Roman mosaic elements, linking ancient heritage to modern identity
Maltese text affirming legal tender status
Reverse:
Fortified bastion and architectural scenes, symbolizing Malta’s defensive heritage and resilience
Central Bank of Malta emblem
Detailed stonework motifs reflecting Maltese craftsmanship
Collector Appeal
Major Denomination: Significant value within the Maltese lira series.
Variant Significance: Signature and UN emblem distinguish it from Pick #47a/b.
International Symbolism: Reinforces Malta’s role in diplomacy and peace.
Architectural Heritage: Reverse imagery ties the note to Malta’s fortified past.
Final Lira Era: A collectible from Malta’s last decade before euro adoption.
