Israel - 50 Pounds 1948 - PMG 25 - Third series - Very Rare

Israel - 50 Pounds 1948 - PMG 25 - Third series - Very Rare Presented to you is the most rare circulation banknote of the State of Israel among dozens of different types of banknotes, it is a banknote printed on 3 dates, from all the printings, the serial numbers of a total of 28 banknotes are known today, from the current issue (6 digits serial number, the third and rarest issue) we know less than five units. This is the banknote with the highest value in circulation of this series, 50 Pounds, at that time was a considerable amount that not every person had. These banknotes were linked in value to the English Pound, which was another difficulty in holding this banknote. And finally, in the two weeks that it was possible to exchange these notes for Bank Leumi series notes, people stood in line for long minutes and sometimes hours to exchange the notes, and all this while the value they received back was 10% less than what was delivered. An extraordinary opportunity to obtain a unique item that is doubtful when Another opportunity to purchase such a special item will appear. The Anglo Palestine Banknote Series is the first official series of the State of Israel. The banknotes were issued by the Bank of Anglo-Palestine on paper stamped with colored dots as a means of preventing counterfeiting. Due to the short time left until the declaration of the state, the banknotes were printed on engravings with decorations that were generally prepared for printing Chinese banknotes. Since the banknotes were printed before the establishment of the state, the names of the state and its currency were not yet known, and therefore the name of the State of Israel does not appear on the banknotes at all. The English Pound was chosen as the currency type. Observe: security drawings; the words "Fifty Palestine Pounds" and "Anglo-Palestine Bank Ltd." In Hebrew and English. Reverse: security drawings; The words "Fifty Palestine Pounds" and "Bank of Anglo-Palestine Ltd." in Arabic and English. Watermark: None. Signatures: Hopin - Bart Color Number: Red Dimensions: 159X84 mm SKU: KM # 18A