Catalog
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| Issuer | Currency Board of Palestine |
|---|---|
| Year | 1927-1942 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | 11.7 g |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Arabic, Hebrew, Latin |
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| Reverse description | The denomination is prominently displayed in the centre of the field as the numeral 100 in Western Arabic numerals and ١٠٠ in Eastern Arabic-Indic numerals. The trilingual value inscription ONE HUNDRED MILS in Latin script, מאה מיל in Hebrew script, and ماية مل in Arabic script is arranged concentrically around the numeral, with the legends distributed symmetrically across the field. The design is plain and functional, with no additional ornamental devices. |
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| Additional information |
The Palestine Currency Board was established under British Mandate authority in 1927, deliberately modeled on the East African Currency Board — a colonial mechanism designed to tie the local currency one-for-one to sterling with no central bank, no discount facility, and no capacity for monetary policy. The pound Palestine was fully backed by London securities, meaning every coin struck represented a real transfer of capital out of the territory.
Production ran across multiple British mints through 1942, when wartime silver shortages began forcing reconsideration of the denomination's composition. The series ended before those changes were implemented.