Rimon Auctions
Auction 18 10-11 Jan 2023
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Israel - 50 Mils - PMG 64 EPQ - Radar serial number 020020 - Prefix AA
In the early years of the State of Israel, there was a shortage of coins in the circulation of funds.
The value of the metal Coin production was high and also the amounts of metal in the country were small
since most of the metals were diverted For the manufacture of weapons and ammunition. It was therefore
decided to print paper notes to be used as a substitute for coins. In 1948, banknotes were printed
and issued in the design of a rug, which is why they are still called 'rugs'.
Observe: Mosaic floor of the ancient synagogue in Beit Alfa; The words 'fifty miles' and 'Israel' in Hebrew and Arabic.
Reverse: Mosaic floor of the ancient synagogue in Beit Alfa; The number '50 '.
Watermark: None.
Signatures: Finance Minister A. Kaplan.
Prefix: AA
Number color: Black
Dimensions: 80X50 mm
Condition: UNC
SKU: KM # 6A
In the early years of the State of Israel, there was a shortage of coins in the circulation of funds.
The value of the metal Coin production was high and also the amounts of metal in the country were small
since most of the metals were diverted For the manufacture of weapons and ammunition. It was therefore
decided to print paper notes to be used as a substitute for coins. In 1948, banknotes were printed
and issued in the design of a rug, which is why they are still called 'rugs'.
Observe: Mosaic floor of the ancient synagogue in Beit Alfa; The words 'fifty miles' and 'Israel' in Hebrew and Arabic.
Reverse: Mosaic floor of the ancient synagogue in Beit Alfa; The number '50 '.
Watermark: None.
Signatures: Finance Minister A. Kaplan.
Prefix: AA
Number color: Black
Dimensions: 80X50 mm
Condition: UNC
SKU: KM # 6A