20 Mils

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.