Palestine - 1 Lira 1939 - PMG UNC 63 - Prefix Z A very high quality banknote, an item that is ...

Palestine - 1 Lira 1939 - PMG UNC 63 - Prefix Z A very high quality banknote, an item that is very difficult to obtain due to the fact that one pound was worth an average wage of 20 working days, needless to say how difficult it was to keep notes for collection during World War II ... A note from that year, graded 66 by PCGS, was recently sold for about $ 14,400. This note is graded only 3 points lower! In 1917, the British conquered Israel from the Ottomans and British military rule in Israel began. The Monetary Council money notes were the first notes issued for Israel (formerly Palestine), went into circulation on November 1, 1927, and served as a legal process in both Jordan and the Gaza Strip. The banknote values in the series were 500 Mmiles, 1 , 5 , 10 , 50 and 100 Pounds. The notes were of different colors, and carried paintings of David's Tower, the Dome of the Rock, the White Tower, and Rachel's Tomb. Observe: A Drawing of the Dome of the Rock. Reverse: a painting of David's Tower. Watermark: An olive tree branch Signatures: P. EZECHIAL J. CAULCUTT H.F DOWNIE Prefix: Z Number color: Black Dimensions: 165X89mm Grade: UNC KM # 7c