Israel – 500 Mils 1948 – Anglo Paletine – PMG 65 EPQ – No Prefix
A beautiful note. A very high grading on a banknote that is almost impossible to obtain in UNC condition, an opportunity that appears once every few years.
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
Color Number: Red
Dimensions: 148X72 mm
SKU: KM # 14A