Catalog
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| Issuer | Bank of Israel |
|---|---|
| Year | 1955 |
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| Value | 50 Israeli Pounds (50 לירות) (50 ILP) |
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| Obverse description | The central vignette presents a panoramic view of the road to Jerusalem, rendered in a fine intaglio landscape style. The inscription 'Bank of Israel' and the denomination 'Fifty Israeli Pounds' appear in Hebrew script. Guilloche underprint patterns frame the composition. |
|---|---|
| Obverse lettering | בנק ישראל חמישים לירות ישראליות |
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| Comments |
Israel's 1955 pound series was the first issued under the Bank of Israel, which had only been established by law in 1954 — these notes replaced the earlier Palestine pound-derived issues of the Anglo-Palestine Bank. De La Rue printed the series in London, a common arrangement for newly independent states lacking domestic security printing infrastructure.
The 50 Pound was the highest denomination in the series at launch, at a time when Israeli inflation was already eroding purchasing power at a rate that would eventually force a complete currency replacement with the Lira rebranding of the late 1950s.