Bidspirit auction | One Palestine Pound, Anglo-Palestine Bank,

One Palestine Pound, Anglo-Palestine Bank, 1948 – Red Serial Number, Heavily Circulated Banknote - A one Palestine pound banknote from the first banknote series of the State of Israel, issued by the Anglo-Palestine Bank. The notes were printed before the name of the new state and its currency had been determined; consequently, the denomination remained the Palestine Pound, as used during the British Mandate period. Printed by the American Bank Note Company, New York, although the printer’s name does not appear on the note. The inscription “Legal Tender for Payment of Any Amount” was added in a separate printing. Obverse: Guilloche decoration; denomination and the name of the Anglo-Palestine Bank in Hebrew and English. Reverse: Guilloche decoration; denomination and bank name in Arabic and English. Serial number: B981817, printed in red. Signatures: S. Hoofien and A. Barth. Dimensions: 100 × 75 mm. Dominant color: Blue-green. Date of issue: August 18, 1948. Ceased to be legal tender: June 23, 1952. Condition: Heavily circulated, with numerous folds and creases, considerable soiling and staining, edge wear, and small tears. Please examine the photographs for a detailed assessment of condition.