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500 Sheqalim Baron Edmond Benjamin James de Rothschild

Issuer Bank of Israel
Year 1982
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Reference(s) P#48
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Obverse lettering 500 התשמ"ב 1982 בנק ישראל חמש מאות שקלים הברון אדמונד דה רוטשילד התר"ה-התרצ"ה
(Translation: Bank of Israel 500 Sheqalim (Along Right Edge) Baron Edmond de Rothschild 5605-5695 (1845-1934))
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Reverse lettering Bank of Israel بنك إسرائيل 500 Sheqalim ٥٠٠ شيكل
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Comments

This note was issued as part of Israel's final sheqalim series before the 1985 currency reform replaced the sheqel with the new sheqel at a ratio of 1,000 to 1 — a reform necessitated by inflation that had reached roughly 450% annually by 1984. The 500 sheqalim denomination, unthinkable a decade earlier, was already inadequate by the time it entered circulation.

Zvi Narkiss, the engraver credited on this note, was also the designer behind the Hebrew typeface Narkissim — an unusual overlap between typographic and intaglio work rarely seen in a single career.

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