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20 Lira Kibbutz Gvat

Issuer Kibbutz Gvat
Year 1962
Type Vouchers
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Obverse description Uniface voucher on cream paper, printed in black letterpress. The kibbutz name in bold Hebrew at top, above the legend תלוש לקופה, a central open circle, a dotted name line, and a signature line with handwritten date. The denomination 20.- with Hebrew text עשרים לירות appears at the lower right.
Obverse lettering גבת / תלוש לקופה / שם / חתימת / עשרים לירות / 20.—
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Comments

Kibbutz scrip occupies a peculiar niche in Israeli notaphily. Gvat, a kibbutz in the Jezreel Valley founded in 1926, issued internal currency for use within the communal settlement — a pragmatic solution to managing member purchasing at the kibbutz store without involving the national monetary system. These notes circulated only within the kibbutz gates and were redeemable solely against internal accounts.

The 1962 date places this issue during the period when many kibbutzim were still operating closed internal economies, before gradual privatization pressures eroded the communal model through the 1980s and 1990s. Survival rates are low — scrip was discarded once redeemed, and few members thought to keep it.

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