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Auction 15  30 Jun 2022
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Lot 545

Starting price: 3000 USD
Price realized: 4100 USD
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Palestine - 5 Pounds 1929 - PMG 30 EPQ - Prefix A - Rare

Banknote from 1929, a very difficult year to obtain in quality. Only 4 banknotes from this year (1929) are graded with EPQ over PMG


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 White Tower in Ramla city.


Reverse: a painting of David's Tower.


Watermark: An olive tree branch


Signatures: P. EZECHIAL J. CAULCUTT R.V. VERNON


Prefix: A


Number color: Red


Dimensions: 165X89mm


Grade: VF


KM # 8b
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