Bidspirit auction | The Anglo-Palestine Bank Limited -

The Anglo-Palestine Bank Limited - 500 Mils banknote, issued 1948-1951 (during the founding years of the State of Israel). Serial number A162876. One of the very first banknotes of the newly-established State of Israel - issued by the Anglo-Palestine Bank, which functioned as the de facto central bank before being renamed Bank Leumi Le-Israel in 1951. Trilingual text (Hebrew, English, Arabic). Front features Hebrew text ”בנק אנגלו-פלשתינה בע”מ” with denomination ”500 מיל” within an ornate frame, headquartered in ”Tel-Aviv”, signed by S. Hoofien and A. Barth. Reverse displays bank name in all three languages with elaborate guilloche patterns. The ”Mil” was the currency unit inherited from the British Mandate period (1000 Mils = 1 Palestine Pound).