The Liberian Dollar (LRD) is the official currency of the Republic of Liberia and has been since 1943. However, the United States Dollar is still used alongside the Liberian Dollar currency within the country. The Liberian currency comprises banknotes and coins which is normally abbreviated with the dollar sign $, or alternatively L$ to distinguish it from other dollar-denominated currencies.
The five-dollar banknote carries on the front the portrait of Liberia's 5th President, Edward J. Roye and the back carries the seal of the Central Bank of Liberia (CBL) and women harvesting the staple food of Liberia, which is rice. There is also a five-dollar coin but both the coin and the note are only worth $5.00 US dollars. They are however sought-after collectables so there is the possibility that they may be worth something in the future.
As with all collectible currency, there are many variable factors that can influence the value of the coin or note. How old it is, what kind of condition it is in and if there are a combination of unique numbers can all increase the value of a coin. It is often difficult to value a coin or note as a certain combination of numbers could have a particular relevance to a certain person which would make it personally valuable to them and they may be prepared to pay more money for it.
Also, we do not know what the future holds and we do not know what will be sought-after in the future. There may be a major event that could make a certain coin valuable and if circulation of them stops in the near future, the value of your coin could increase dramatically.
The five-dollar banknote carries on the front the portrait of Liberia's 5th President, Edward J. Roye and the back carries the seal of the Central Bank of Liberia (CBL) and women harvesting the staple food of Liberia, which is rice. There is also a five-dollar coin but both the coin and the note are only worth $5.00 US dollars. They are however sought-after collectables so there is the possibility that they may be worth something in the future.
As with all collectible currency, there are many variable factors that can influence the value of the coin or note. How old it is, what kind of condition it is in and if there are a combination of unique numbers can all increase the value of a coin. It is often difficult to value a coin or note as a certain combination of numbers could have a particular relevance to a certain person which would make it personally valuable to them and they may be prepared to pay more money for it.
Also, we do not know what the future holds and we do not know what will be sought-after in the future. There may be a major event that could make a certain coin valuable and if circulation of them stops in the near future, the value of your coin could increase dramatically.
