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1 Palestine Pound Provisional Issue

Issuer Anglo-Palestine Bank Limited
Year 1948
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Value 1 Palestine Pound
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Obverse lettering בנק אנגלו-פלשתינה בערבון מוגבל
THE ANGLO-PALESTINE BANK LIMITED
بنك الانجلو فلسطين محدود الضان
שלם למוכר״ז ארגוון הלאמל
PAY TO BEARER
לירה ארץ-ישראלית אחת
ONE PALESTINE POUND
جنيه فلسطيني واحده
בפקודת ההנהלה
בנק אנגלו-פלשתינה בערבון מוגבל
תל-אביב, י״ז אייר התש״ח
16 מאי 1948
Reverse description The reverse is blank (uniface note), showing only faint bleed-through of the green obverse printing visible through the paper.
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In May 1948, as the British Mandate ended and the State of Israel declared independence, the Anglo-Palestine Bank was authorized to issue currency as a stopgap before a central bank and new currency could be established. These notes were overprinted on existing Anglo-Palestine Bank stock — hence the designation "provisional." The window between political declaration and functional monetary infrastructure was narrow, and this issue filled it.

Circulation was brief. The Israeli pound and the Bank of Israel replaced this arrangement within a few years, making genuine circulated examples harder to find than uncirculated ones that never left storage.