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5 Israel Pounds
| Issuer | Bank Leumi Le-Israel B.M. |
|---|---|
| Year | 1952-1954 |
| Type | Log in to see details |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#21 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 5 בנק לאומי לישראל בע"מ ישלם למוכ"ז חמש לירות ישראליות הבנק יקבל השטר הזה לשלם תשלום בכל חשבון שהוא מטבע חוקית לתשלום כל סכום שהוא (Translation: Bank Leumi Le-Israel B.M. Will pay to the bearer Five Israel Pounds The bank will accept this note for payment in any account Legal tender for payment of any amount) |
| Reverse description | Log in to see details |
| Reverse lettering | ٥ بنك لئومي لإسرائيل م.ض خمس ليرات اسرائيلية BANK LEUMI LE-ISRAEL B.M. WILL PAY TO THE BEARER FIVE ISRAEL POUNDS LEGAL TENDER FOR PAYMENT OF ANY AMOUNT THE BANK WILL ACCEPT THIS NOTE FOR PAYMENT IN ANY ACCOUNT |
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| Comments |
Bank Leumi Le-Israel B.M. — formally the Anglo-Palestine Bank until its 1951 renaming — issued this series under a peculiar legal arrangement: the bank held commercial status while functioning as the de facto central bank, a situation that persisted until the Bank of Israel was established in 1954. These notes were accordingly issued in the transitional window before proper central banking authority existed in the young state.
The American Bank Note Company contract for this series was part of a broader pattern of early Israeli currency being produced abroad while domestic printing infrastructure was still undeveloped. ABNC's engraved intaglio work on this series is notably finer than the later Bank of Israel issues that followed almost immediately after.