Bidspirit auction | Israel - 50 Pounds 1952

Israel - 50 Pounds 1952 - SPECIMEN - Rare - AU-UNC - This series is the second in the banknotes of the State of Israel and according to PMG data, there are less in the ratio of 2:3 (approximately) to the Anglo Palestine banknote series, that is, on average, for every 2 pessimian banknotes from the Bank Leumi series, there are 3 of Bank Anglo Palestine.  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. A series of Bank Leumi LeIsrael banknotes was issued following the transformation of Anglo - Palestine Bank to Bank Leumi LeIsrael in May 1951. The new banknotes are very similar to the Anglo-Palestine series banknotes due to the need to print them quickly and on the other hand The bank has enough time to redesign them. The new currency was called Israeli Lira. Observe: security paintings; The words 'Fifty Israeli Lirot' and 'Bank Leumi LeIsrael Ltd.' in Hebrew. Reverse: security drawings; The words 'Fifty Israeli Lirot' and 'Leumi Bank of Israel Ltd.' in Arabic and English.