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10 Israeli Pounds

Issuer Bank of Israel
Year 1955
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Value 10 Israeli Pounds (10 לירות) (10 ILP)
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Obverse description Central vignette presents a panoramic landscape of the Jezreel Valley with agricultural settlements and cultivated fields rendered in a detailed engraved style. The denomination and issuing authority appear in Hebrew script, reading 'עשר לירות ישראליות' and 'בנק ישראל'. Serial numbers appear at left and right, with the date '1955 - התשט"ו' and the signatures of the Governor and Chairman of the Advisory Council inscribed below.
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Protection description Seven-branched candelabrum (menorah) with an imprint of tulips.
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The Bank of Israel was established only in 1954, replacing the Anglo-Palestine Bank as the country's central monetary authority. This 1955 issue was among the first series bearing the new institution's name, printed by De La Rue in London as Israel lacked domestic high-security printing capacity at the time. The notes entered circulation during a period of severe austerity — the Tzena rationing regime had only recently been lifted — and the pound itself was under considerable pressure, with a black-market rate diverging sharply from the official exchange.

Pick 27 is watermarked but carries no serial number prefix letter coding that distinguishes later printings, a detail that matters for date-range attribution within the series.

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