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50 Israeli Pounds

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.

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