Lot #613
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Palestine - 500 mils 1945 - PMG XF 40 - Prefix K - Very Rare
A very rare prefix, only a few of this type are known (around 10) and once every few years they are offered for sale, rare in all 3 parameters of rarity (quantity, quality and frequency) not many are aware of this but this banknote in 1944 is very rare in quality, regardless of the rare prefix the banknote is graded 40, according to the PMG company, there are only 4 notes that are graded above this grading and in fact this year it is the highest grade banknote that we were able to sell. A special opportunity.
In 1917, the British conquered Israel from the Ottomans and British military rule in Israel began.
The Currency Bank Banknotes were the first to be issued for Israel (formerly Palestine).
Entered circulation on Monday, November 1, 1927, and served as a legal proceeding in Jordan and the Gaza Strip as well.
The banknote values in the series were 500 miles, £ 1, £ 5, £ 10, £ 50 and £ 100.
The banknotes were of different colors, bearing paintings of the Tower of David, the Dome of the Rock, the White Tower, and Rachel’s Tomb.
Observe: Painting of Rachel’s Tomb.
Reverse: Painting of the Tower of David.
Watermark: Olive tree branch
Signatures: P. EZECHIAL S.CAINE R.N. KERSHAW J.B. WILLIAMS
Number color: black
Dimensions: 127X76 mm
SKU: KM # 6d