1 Pound Kibbutz Mishmar Hanegev

Kibbutz scrip occupies a peculiar corner of Israeli notaphily — these notes functioned as internal currency within collective agricultural settlements, used to allocate goods and services among members who held no private wages. Mishmar Hanegev, founded in 1946 in the northern Negev, was among the kibbutzim that issued its own denominated scrip, essentially running a closed barter economy on paper.

Because scrip of this type was printed in small quantities, used hard, and discarded when accounting cycles ended, survivors are genuinely uncommon — not artificially scarce, but practically so.