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Auction 15  30 Jun 2022
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Lot 539

Starting price: 1400 USD
Price realized: 1500 USD
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Palestine - 1 Pound 1939 - PMG 40 - Prefix V

Very high lever banknote with strong color and quality paper





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: V


Number color: Black


Dimensions: 165X89mm


Grade: XF


KM # 7c
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