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50 Pruta Emergency Fractional Issue

Issuer Government of Israel
Year 1952
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Size 70 × 42 mm
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Obverse lettering מדינת ישראל הצעת מטבע חוקית 50 פרוטה
(Translation: State of Israel Legal tender 50 Pruta)
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Reverse lettering 50
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Comments

Israel's early fractional notes were issued partly because coin production couldn't keep pace with the demands of a rapidly expanding population — mass immigration in the early statehood years created persistent shortages of small change. The 50 Pruta note was a stopgap, never intended as a permanent fixture of the currency system.

The pruta itself was short-lived. Israel replaced the entire pruta-denominated series with the new agora system in 1960, and most of these small notes were withdrawn and destroyed rather than worn out through use. Survivors in circulated grades are therefore not as common as the issue volume might suggest.

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