50 Mils

The Palestine pound and its subsidiary coinage were introduced in 1927 following the establishment of the Palestine Currency Board in London, which operated entirely outside the local banking system — a deliberate colonial arrangement ensuring the currency remained pegged to sterling and controlled from Britain. The Currency Board never set foot in Palestine; notes and coins were ordered, struck at the Royal Mint, and shipped in.

Production ceased after 1942 as wartime silver demands and the accelerating collapse of British administrative authority made further issues impractical. Coins from the final years of the series circulated hard through the 1948 war and are routinely found well worn.