Rimon Auctions
Auction 15 30 Jun 2022
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Palestine - 500 mils 1939 - PMG 55 EPQ - Prefix H
The last time a note appeared above this grade for auction in Israel or around the world, it was graded 63 without EPQ at PMG, sold in the $ 12,000 range. This note, 500 mil 1939, is the highest grade that has appeared for auction according to our search in Israel since time immemorial. Particularly attractive starting price.
In 1917, the British conquered Israel from the Ottomans and British military rule in Israel began.
The Currency Bank Banknotes were the first to be issued for Israel (formerly Palestine).
Entered circulation on Monday, November 1, 1927, and served as a legal proceeding in Jordan and the Gaza Strip as well.
The banknote values in the series were 500 miles, £ 1, £ 5, £ 10, £ 50 and £ 100.
The banknotes were of different colors, bearing paintings of the Tower of David, the Dome of the Rock, the White Tower, and Rachel's Tomb.
Observe: Painting of Rachel's Tomb.
Reverse: Painting of the Tower of David.
Watermark: Olive tree branch
Signatures: P. EZECHIAL J. CAULCUTT H.F DOWNIE
Prefix: H
Number color: black
Dimensions: 127X76 mm
Grade: AU
SKU: KM # 6c
The last time a note appeared above this grade for auction in Israel or around the world, it was graded 63 without EPQ at PMG, sold in the $ 12,000 range. This note, 500 mil 1939, is the highest grade that has appeared for auction according to our search in Israel since time immemorial. Particularly attractive starting price.
In 1917, the British conquered Israel from the Ottomans and British military rule in Israel began.
The Currency Bank Banknotes were the first to be issued for Israel (formerly Palestine).
Entered circulation on Monday, November 1, 1927, and served as a legal proceeding in Jordan and the Gaza Strip as well.
The banknote values in the series were 500 miles, £ 1, £ 5, £ 10, £ 50 and £ 100.
The banknotes were of different colors, bearing paintings of the Tower of David, the Dome of the Rock, the White Tower, and Rachel's Tomb.
Observe: Painting of Rachel's Tomb.
Reverse: Painting of the Tower of David.
Watermark: Olive tree branch
Signatures: P. EZECHIAL J. CAULCUTT H.F DOWNIE
Prefix: H
Number color: black
Dimensions: 127X76 mm
Grade: AU
SKU: KM # 6c