Lot #373
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Israel - 500 Mils 1948 - Anglo Paletine - PMG64 - SPECIMEN
Israel – 500 Mils 1948 – Anglo Paletine – PMG64 – SPECIMEN
Sample prints are part of the process of designing and preparing coins and banknotes planned for issue for circulation. The use of the phrase SPECIMEN is usually to indicate a final embossing or printing pattern, although over the years the phrase has also been used to indicate examples in the preparation process that differ in design, colors, captions, etc.
Banknotes stamped with the word SPECIMEN are usually used as final printing samples for banknotes planned for circulation and are used for several purposes: for official documentation at the Central Bank, for preparation of sets for distribution as a gift and display for the purpose of presenting the new banknotes of the issuing country and especially to central banks in the world, countries that are in commercial connections or that have inbound tourism from Israel.
The Anglo Palestine Banknote Series is the first official series of the State of Israel.
The banknotes were issued by the Bank of Anglo-Palestine on paper stamped with
colored dots as a means of preventing counterfeiting. Due to the short time left until
the declaration of the state, the banknotes were printed on engravings with decorations
that were generally prepared for printing Chinese banknotes.
Since the banknotes were printed before the establishment of the state, the names of the state and its currency
were not yet known, and therefore the name of the State of Israel does not appear on the banknotes at all.
The English Pound was chosen as the currency type.
Observe: security drawings; the words "500 miles" and "Anglo-Palestine Bank Ltd." In Hebrew and English.
Reverse: security drawings; The words "500 miles" and "Bank of Anglo-Palestine Ltd." in Arabic and English.
Watermark: None.
Signatures: Hopin – Bart
Prefix: None
Color Number: Red
Dimensions: 148X72 mm
SKU: KM # 14AS