Catalog
10 Palestine Pounds Provisional Issue
| Issuer | Anglo-Palestine Bank Limited |
|---|---|
| Year | 1948 |
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| In circulation to | 1952 |
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| Obverse description | Uniface provisional issue printed entirely in blue ink on white paper, with the issuer's name in Hebrew, English, and Arabic across the upper portion. A central vignette carries the denomination numeral '10' within decorative cartouches at left and right, flanked by the trilingual value inscriptions 'TEN PALESTINE POUNDS', עשר לירות ארץ-ישראליות, and عشرة جنيهات فلسطينية. Serial number appears twice, at upper left and lower right, with a manuscript signature at lower left and a date of 14 May 1948 printed at upper right. |
|---|---|
| Obverse lettering | בנק אנגלו-פלשתינה בערבון מוגבל THE ANGLO-PALESTINE BANK LIMITED بنك الانجلو فلسطين محدود الضمان PAY TO BEARER שלם למוכ״ז / ارقم الحامل עשר לירות ארץ-ישראליות TEN PALESTINE POUNDS عشرة جنيهات فلسطينية בפקודת ההנהלה בנק אנגלו-פלשתינה בערבון מוגבל תל-אביב, י״ד אייר תש״ח 14 מאי 1948 |
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| Comments |
The Anglo-Palestine Bank issued this provisional note in 1948 under extraordinary circumstances: the British Mandate was collapsing, the State of Israel had not yet formally established a central bank, and the new government needed a functioning currency within days. The Anglo-Palestine Bank — a commercial institution, not a central bank — was pressed into service as a temporary issuing authority, essentially printing a national currency by necessity rather than design.
The "provisional" designation is literal. These notes were overprinted or adapted from existing bank stock to serve an entire new state's monetary needs until the Bank of Israel opened in 1954. Survival rates vary sharply by denomination; the higher values saw less circulation but were also printed in smaller quantities.