Watch List notes:

ISRAEL. ND (1948), 50 Mils. 50 Mils, (0h). . , ND (1948). Vivid bright orange and red color. Serial Number 020491 A/A. Printed by Levin-Epstein Press in Tel-Aviv. As nice an example as can be found. Exceptional Paper Quality.. Pick 6. MS64, PMG 1030113-001

This was an emergency issue of fractional notes to counter the shortage of coins in circulation. Because the designs looked like miniature carpets they were called "shtikhim," the Hebrew word for carpet.