Bidspirit auction | Israel - 5 Pounds 1955

Israel - 5 Pounds 1955 - SPECIMEN - Landscape series - PMG 66 EPQ - Sample prints are part of the process of designing and preparing coins and banknotes planned for issue for circulation. The use of the phrase SPECIMEN is usually to indicate a final embossing or printing pattern, although over the years the phrase has also been used to indicate examples in the preparation process that differ in design, colors, captions, etc. Banknotes stamped with the word SPECIMEN are usually used as final printing samples for banknotes planned for circulation and are used for several purposes: for official documentation at the Central Bank, for preparation of sets for distribution as a gift and display for the purpose of presenting the new banknotes of the issuing country and especially to central banks in the world, countries that are in commercial connections or that have inbound tourism from Israel. The Bank of Israel was founded In 1954, and began issuing notes and coins. The Landscape Series is the first series issued by the Bank of Israel. 5 Lirot: Observe: In front the Negev landscape Below is a grain field, to left a water pipe and to right Irises flowers; The words ”Five Israeli pounds” And ”Bank of Israel” in Hebrew. In the frame an illustration of grape clusters. In the center and down The date: 1955 – התשט”ו. Reverse: An abstract illustration as a safeguard against counterfeiting, Inscribed ”5L” and ”Bank of Israel” in Arabic and English. Watermark: A Candelabrum, the emblem of the state. Signatures: Bank Governor David Horwitz; Chairman of the Advisory Board Z. Hufien. Number color: Black Dimensions: 140X78mm SKU: KM # 26