Catalog
10 Palestine Pounds
| Issuer | Anglo-Palestine Bank Limited |
|---|---|
| Year | 1948-1952 |
| Type | Log in to see details |
| Value | 10 Palestine Pounds |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 10 בנק אנגלו-פלשתינה בע`מ תל-אביב ישלם למוכ`ז עשר לירות א`י הבנק יקבל השטר הזה לשלם תשלום בכל חשבון שהוא THE ANGLO-PALESTINE BANK LIMITED WILL PAY TO THE BEARER TEN PALESTINE POUNDS TEL-AVIV LEGAL TENDER FOR PAYMENT OF ANY AMOUNT מטבע חוקית לתשלום כל סכום שהוא THE BANK WILL ACCEPT THIS NOTE FOR PAYMENT IN ANY ACCOUNT |
| Reverse description | The back mirrors the obverse in its reliance on elaborate guilloche underprint work, with the issuing authority name and denomination "Ten Palestine Pounds" presented in Arabic and English. The Arabic text is arranged in parallel with the English legend, with the numeral "١٠" at the corners. The composition is typographic and geometric throughout, with no central pictorial vignette. |
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| Comments |
The Anglo-Palestine Bank Limited was not a central bank but a commercial institution — yet between 1948 and the establishment of the Bank of Israel in 1954, it functioned as the de facto currency authority for the new state, issuing notes under a mandate framework that had already legally ceased to exist. The 10 Pound denomination was the highest value in this transitional series, printed by the American Bank Note Company at a moment when British Mandate currency was still in parallel circulation and the political status of the issuing entity was genuinely ambiguous under international law.
ABNC's involvement reflected the break from the previous Mandate-era notes, which had been printed in London. The shift to New York was a deliberate distancing from British institutional infrastructure.