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5 Palestine Pounds Provisional Issue
| Issuer | Anglo-Palestine Bank Limited |
|---|---|
| Year | 1948 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Shape | Rectangular |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | בנק אנגלו-פלשתינה בערבון מוגבל THE ANGLO-PALESTINE BANK LIMITED بنك الانجلو فلسطين محدود الضمان PAY TO BEARER שלם למוסר / ارفعوا لحامله חמש לירות ארץ-ישראליות FIVE PALESTINE POUNDS خمسة جنيهات فلسطينية בערבון מוגבל תל-אביב / 16 MAY 1948 |
| Reverse description | The reverse is intentionally blank, with no printed design; only a faint offset ghost impression of the obverse letterpress text is visible through the thin paper stock, consistent with the uniface emergency construction of this provisional wartime issue. |
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| Comments |
The Anglo-Palestine Bank was a commercial institution — not a central bank — yet found itself thrust into the role of currency issuer in May 1948 when the British Mandate ended and the State of Israel declared independence. The Palestinian pound, previously issued by the Palestine Currency Board in London, ceased to be produced. These provisional notes were an emergency stopgap, authorized under Israeli government instruction to keep money circulating while a proper state currency was designed and printed.
The "provisional" designation is literal: these were existing Anglo-Palestine Bank cheques overstamped and issued as legal tender. The arrangement lasted only until the Israeli pound was introduced in 1952.