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500 Mils
| Issuer | Anglo-Palestine Bank Limited |
|---|---|
| Year | 1948-1952 |
| Type | Log in to see details |
| Value | 500 Mils (0.5) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
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| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | The face is covered with fine guilloche underprint work in a uniform colour field, with large '500' numerals at the left and right margins. The central and lower registers carry the full name of the issuing bank, 'The Anglo-Palestine Bank Limited', along with the promise-to-pay clause and legal tender inscription set in clean letterpress in both Hebrew and English. A guilloche border frames the entire composition. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The back carries guilloche underprint patterns filling the entire surface in a design that echoes the obverse, with large '500' numerals flanking the central text panel at left and right. The issuing bank's name and promise-to-pay clause are rendered in Arabic and English, with the Arabic script occupying the principal text area. Legal tender and account-acceptance inscriptions complete the design in English letterpress. |
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| Comments |
The Anglo-Palestine Bank Limited was not a central bank — it was a commercial institution, incorporated in London in 1902 as a subsidiary of the Jewish Colonial Trust. Its authority to issue currency in Mandatory Palestine came from the British administration, and when the State of Israel was declared in May 1948, the bank continued issuing notes under its own name until the Bank of Israel was established. This note bridges that transitional moment directly.
The American Bank Note Company contract was a deliberate security choice — wartime disruption had made European printers less reliable, and ABNC's New York facility had long handled high-security work for governments without functioning central banks.