Lot #412
Days
Hrs
Min
Sec
Israel - 100 Mils - PMG AU 58 - Prefix AG
In the early years of the State of Israel, there was a shortage of coins in the circulation of funds. The value of the metal
Coin production was high and also the amounts of metal in the country were small since most of the metals were diverted
For the production of weapons and ammunition. It was therefore decided to print paper notes to be used as a substitute for coins.
In 1948, the banknotes were printed and issued in the design of a rug, which is why they are still called ‘rugs’.
Observe: Mosaic floor of the ancient synagogue in Beit Alfa; The number ‘100’; The words ‘One Hundred Miles’ and ‘Israel’ in Hebrew and Arabic.
Reverse: Mosaic floor of the ancient synagogue in Beit Alfa; The number ‘100’.
Watermark: None.
Signatures: Finance Minister A. Kaplan.
Number color: red
Dimensions: 80X50 mm
SKU: KM # 7A