1000 Sheqalim Moses Maimonides

The 1000 Sheqalim note was part of the first series issued under the short-lived sheqel, introduced in 1980 to replace the lira at par. By the time this denomination entered circulation, Israeli inflation was already severe — it would reach over 400% annually by 1984, rendering high-denomination notes like this one functionally obsolete within months of issue. The sheqel itself was replaced by the new sheqel in 1986 at a ratio of 1000:1, meaning this note's face value translated exactly to one new sheqel.

Canadian Bank Note Company produced a number of Israeli issues during this period. Narkiss, who also contributed to earlier Bank of Israel series, was one of the more technically accomplished engravers working on Israeli currency.