Maltese Banknotes

Explore a rare and highly collectable range of Maltese banknotes, featuring historic paper money issued during Malta’s time with the Maltese lira (MTL). These distinctive notes offer a fascinating insight into Malta’s economic history before the country adopted the euro in 2008, making them a sought-after area of world and European currency collecting.

From early post-independence issues to later modern designs, Maltese banknotes reflect the island’s rich cultural identity, British colonial influence, and transition to an independent monetary system.

A Unique Chapter in European Currency History

The Maltese lira was introduced in 1972, replacing the Maltese pound and marking a key step in the country’s monetary independence. Over time, the Central Bank of Malta issued multiple series of banknotes, with five main series produced between 1968 and 1989.

Banknotes were issued in denominations including:

• £M1
• £M2
• £M5
• £M10
• £M20

Later series introduced updated designs and improved security features, while maintaining strong national symbolism and bilingual English/Maltese inscriptions.

Design, Heritage, and National Identity

Maltese banknotes are known for their elegant engraved designs and strong cultural references, often featuring:

• National emblems and allegorical figures representing Malta
• Historic landmarks such as Valletta and the Grand Harbour
• Scenes reflecting Malta’s maritime and industrial heritage
• Bilingual text in Maltese and English

These designs make Maltese notes both visually appealing and historically significant, capturing a key transitional period in the island’s financial history.

Why Collect Maltese Banknotes?

Maltese banknotes are highly sought after by collectors of:

• European and world paper money
• Former currency systems (pre-euro nations)
• British Commonwealth-related currency
• Historic and discontinued banknote series

With Malta transitioning to the euro in 2008, the Maltese lira has become a discontinued currency, increasing demand for surviving notes in good condition.

Graded & Collectable Notes

At The London Coin Company , we offer a carefully selected range of Maltese banknotes in collectable condition, including both circulated examples and higher-grade notes suitable for serious collectors.

Whether you are looking for:

• £M1 to £M20 Maltese lira banknotes
• Earlier and later series issues
• Crisp uncirculated examples
• High-grade world paper money

…you’ll find a curated selection ideal for both new and experienced collectors.

A Rare Piece of European Monetary History

Maltese banknotes represent a short but important chapter in European currency history, bridging Malta’s colonial past and its modern role within the Eurozone. Their limited issuance and historical context make them a rewarding addition to any world banknote collection.

Browse our available Maltese banknotes below and add a distinctive piece of Mediterranean monetary history to your collection today.