The Palestinian pound and its subsidiary coinage were created following the League of Nations mandate, with the Palestine Currency Board — based in London, not Jerusalem — issuing all currency from 1927 onward. The Board maintained a strict one-to-one peg with sterling, a decision that tied Palestinian monetary policy entirely to London through the mandate period.
Production ran across only a handful of dates, with the Royal Mint handling all strikes. The 1927 issue carries the largest mintage in the series; later dates become progressively scarcer, and the 1941 issue in particular saw reduced production as wartime metal demands complicated scheduling.
The Palestinian pound and its subsidiary coinage were created following the League of Nations mandate, with the Palestine Currency Board — based in London, not Jerusalem — issuing all currency from 1927 onward. The Board maintained a strict one-to-one peg with sterling, a decision that tied Palestinian monetary policy entirely to London through the mandate period.
Production ran across only a handful of dates, with the Royal Mint handling all strikes. The 1927 issue carries the largest mintage in the series; later dates become progressively scarcer, and the 1941 issue in particular saw reduced production as wartime metal demands complicated scheduling.